Form 4: First Horizon Corp Director Colin V Reed Acquires 12,525 Shares of Common Stock
SEC Form 4 Filing
Director Colin V Reed acquired 12,525 shares of First Horizon Corp common stock on April 29, 2024, through a grant of restricted stock units.
Summary
- On April 29, 2024, Colin V Reed, a director of First Horizon Corp, acquired 12,525 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, Reed beneficially owns 203,162 shares of First Horizon Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it simply reports a transaction. The acquisition of shares by a director is generally viewed as a positive sign, but the document itself is purely informational.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the ownership stake of a company director.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Date of transaction: Colin V Reed acquired 12,525 shares of First Horizon Corp common stock. |
| 04/22/2025 | Vesting date for the restricted stock units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.