Form 4: First Horizon Corp Director Brown Acquires Shares Through Restricted Stock Units
SEC Form 4 Filing
Director Jeffrey Jonathan Brown acquired 12,916 shares of First Horizon Corp through a grant of restricted stock units.
Summary
- On May 6, 2025, Jeffrey Jonathan Brown, a director of First Horizon Corp, acquired 12,916 shares of common stock.
- This acquisition was through a grant of restricted stock units, which will vest on April 22, 2026.
- Following the transaction, Brown directly owns 20,397 shares of First Horizon Corp common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard regulatory filing indicating a director's acquisition of shares, which can be seen as a positive sign but doesn't necessarily indicate a major shift in the company's prospects.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
Future Outlook
The vesting of restricted stock units on April 22, 2026, will result in the director holding additional shares.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of transaction: acquisition of shares. |
| 05/07/2025 | Date of signature on the Form 4 filing. |
| 04/22/2026 | Vesting date of the restricted stock units. |
Keywords
Form 4, Director, Jeffrey Jonathan Brown, First Horizon Corp, FHN, Restricted Stock Units, Beneficial Ownership, Acquisition
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