Form 4: First Horizon Corp Director Jordan D Bryan Reports Acquisition of 260,000 Shares

Director Jordan D Bryan reports acquisition of 260,000 shares of First Horizon Corp common stock on April 22, 2024, following performance stock unit vesting.

Summary

• On April 22, 2024, Jordan D Bryan, a director, Chairman, President & CEO of First Horizon Corp, acquired 260,000 shares of common stock.
• The acquisition was a result of performance stock units granted in 2021.
• The Compensation Committee determined the performance level achieved on April 22, 2024.
• The units will vest on May 12, 2024, and will be settled with shares of common stock.
• Following the transaction, Bryan directly owns 2,143,892 shares of common stock.
• Bryan also indirectly owns 1,000 shares through a child, 136,451.164 shares through a children's trust, and 5,103 shares through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard SEC filing related to stock ownership changes due to vesting of performance stock units. There's no indication of positive or negative sentiment, just a factual reporting of transactions.

Positives

• The acquisition of shares by a key executive could be seen as a positive signal about the executive's confidence in the company's future prospects.

Future Outlook

The acquired shares will vest on May 12, 2024, indicating a future event related to the executive's stock ownership.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the increased stake of a key executive.

Next Steps

• The acquired shares will vest on May 12, 2024.

Key Dates