Form 4: First Horizon Corp Director Vicki R Palmer Reports Acquisition of 9,414 Shares
SEC Form 4 Filing
Director Vicki R Palmer reported acquiring 9,414 shares of First Horizon Corp common stock on April 29, 2024, through a grant of restricted stock units.
Summary
- On April 29, 2024, Vicki R Palmer, a director of First Horizon Corp, reported a transaction involving the company's common stock.
- Palmer acquired 9,414 shares of common stock through a grant of restricted stock units.
- The restricted stock units will vest on April 22, 2025.
- Following the transaction, Palmer directly owns 105,064 shares of First Horizon Corp.
- The transaction was filed as a Form 4 with the SEC.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed positively, but it's a routine event.
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 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Date of transaction: Vicki R Palmer acquired 9,414 shares of First Horizon Corp common stock. |
| 04/22/2025 | Vesting date of 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.