Form 4: First Horizon Corp Director Transfers Shares to Family Trust
SEC Form 4 Filing
Bryan Jordan, Chairman, President & CEO of First Horizon Corp, transferred 725,848 shares of FHN common stock to a family trust on March 31, 2025.
Summary
- On March 31, 2025, Bryan Jordan, Chairman, President & CEO of First Horizon Corp, transferred 725,848 shares of FHN common stock to a family trust.
- The transfer was made for no consideration.
- An immediate family member of Mr. Jordan is the trustee of the trust, and his immediate family members are the sole beneficiaries.
- Mr. Jordan remains the beneficial owner of the securities held by the family trust.
- Following the transaction, Mr. Jordan directly owns 1,197,797 shares of common stock.
- He also indirectly owns 1,000 shares through a child, 140,120.164 shares through a children's trust, 5,205 shares through a 401(k) plan, and 725,848 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to a share transfer to a family trust, which is neither inherently positive nor negative.
Related Party Transactions
- The transfer of shares to a family trust where immediate family members are beneficiaries constitutes a related party transaction.
Stakeholder Impact
- The transfer of shares to a family trust is unlikely to have a significant impact on stakeholders as the reporting person remains the beneficial owner.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of the transaction where 725,848 shares of FHN common stock were transferred to a family trust. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, FHN, First Horizon Corp, Bryan Jordan, Family Trust, Share Transfer, Director
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