Form 4: First Horizon Corp Director Bryan Jordan Reports Stock Disposals for Tax Obligations

Bryan Jordan, Chairman, President & CEO of First Horizon Corp, reports disposing of shares to cover withholding taxes related to a performance stock unit award.

Summary

• Bryan Jordan, a director and the Chairman, President & CEO of First Horizon Corp, filed a Form 4 detailing changes in beneficial ownership.
• On May 12, 2025, Jordan disposed of 72,822 shares of common stock at $20.06 per share and 71,037 shares of common stock at $20.06 per share to cover withholding taxes associated with a performance stock unit award.
• Following these transactions, Jordan directly owns 1,305,635 shares and 1,234,598 shares of First Horizon Corp common stock.
• Jordan also indirectly owns shares through a child, children's trust, 401(k) plan, and family trust.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations. It's common for executives to sell shares to cover taxes associated with stock awards.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the context of tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Disposal, First Horizon Corp, Bryan Jordan, FHN, Director, CEO