Form 4: First Horizon Corp Director Sells Shares in Open Market Transactions
SEC Form 4 Filing
Harry V. Barton Jr., a director at First Horizon Corp, sold 10,000 shares of common stock in open market transactions on November 12, 2024.
Summary
- Harry V. Barton Jr., a director of First Horizon Corp, executed two transactions on November 12, 2024.
- The first transaction involved the sale of 9,600 shares of common stock at a price of $19.92 per share.
- The second transaction involved the sale of 400 shares of common stock at a price of $19.925 per share.
- Following these transactions, Mr. Barton directly owns 166,840 shares of First Horizon Corp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a stock sale by a director, which is a routine event. It does not indicate any positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity, which is common for publicly traded companies. It does not indicate any specific trend in the banking sector.
Comparison to Industry Standards
- Form 4 filings are standard practice for all publicly traded companies in the US.
- The volume of shares sold is not unusual for a director's transaction.
- The price of the shares sold is consistent with the market price at the time of the transaction.
Stakeholder Impact
- The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on the share price.
Key Dates
| Date | Description |
|---|---|
| 11/12/2024 | Date of the stock sale transactions. |
| 11/13/2024 | Date the Form 4 was signed. |
Keywords
First Horizon Corp, FHN, insider trading, stock sale, director, Harry V. Barton Jr., Form 4
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