Form 4: First Horizon Corp Executive Anthony J Restel Reports Stock Transactions

Anthony J Restel, President-Regional Banking at First Horizon Corp, reports disposition of shares to cover tax obligations related to vesting of restricted stock units.

Summary

• On March 4, 2024, Anthony J Restel, President-Regional Banking at First Horizon Corp, reported transactions involving the company's common stock.
• Restel disposed of 9,162 shares at $14.33 per share and 14,252 shares at $14.33 per share to cover withholding taxes associated with the vesting of restricted stock units.
• Following these transactions, Restel directly owns 546,872 shares of First Horizon Corp common stock.
• Restel also indirectly owns 19,523 shares through an IRA, 3,000 Depositary Shares directly, and 50 Depositary Shares indirectly through a child.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, as it's simply a factual report.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in insider ownership, but the impact is likely minimal as the transactions are related to tax obligations.

Key Dates