Form 4: First Horizon Corp Executive Acquires Shares and Granted Restricted Stock Units

Elizabeth A. Ardoin, SEVP, Chief Communications Officer of First Horizon Corp, acquired shares and was granted restricted stock units according to a recent SEC Form 4 filing.

Summary

• Elizabeth A. Ardoin, SEVP, Chief Communications Officer of First Horizon Corp, filed a Form 4 with the SEC.
• The filing reports a transaction date of February 11, 2025.
• Ardoin acquired 15,381 shares of common stock at $0.
• She also received a grant of restricted stock units that will vest on March 2, 2028.
• Following the reported transactions, Ardoin directly owns 311,122 shares of First Horizon Corp common stock.
• She also indirectly owns 266 shares through a 401(k) plan.
• The filing includes a Power of Attorney, effective August 15, 2024, authorizing Shannon M. Hernandez, Peter V. Letsou, Maygan Pokabla, and John A. Niemoeller to act on Ardoin's behalf for Section 16 filings.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects standard insider trading activity and grants, with no clear indication of overwhelmingly positive or negative implications.

Positives

• The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The stock acquisition could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, First Horizon Corp, Elizabeth A. Ardoin, Stock Acquisition, Restricted Stock Units, Beneficial Ownership, Power of Attorney, Section 16, FHN