Form 4: First Horizon Corp Director Acquires 18,829 Shares of Common Stock

Director John C. Compton acquired 18,829 shares of First Horizon Corp common stock on April 29, 2024, through a grant of restricted stock units.

Summary

• On April 29, 2024, John C. Compton, a director of First Horizon Corp, acquired 18,829 shares of common stock.
• The acquisition was a grant of restricted stock units.
• These restricted stock units will vest on April 22, 2025.
• Following the transaction, Compton directly owns 149,198 shares of First Horizon Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a director's stock acquisition, which doesn't inherently indicate positive or negative sentiment.

Positives

• A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock units will vest on April 22, 2025.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's confidence in the company.

Key Dates