Form 4: First Horizon Corp Executive Bryan Jordan Reports Share Transactions

Bryan Jordan, Chairman, President & CEO of First Horizon Corp, reported the disposition of 75,000 common shares and holdings in various accounts.

Summary

• Bryan Jordan, the Chairman, President, and CEO of First Horizon Corp, filed a Form 4 disclosing changes in his beneficial ownership of the company's stock.
• On November 27, 2024, Jordan disposed of 75,000 shares of common stock at a price of $0, which is likely a grant or award.
• Following this transaction, Jordan directly owns 1,850,848 shares of common stock.
• He also has indirect ownership of 1,000 shares through a child, 139,086.164 shares through a children's trust, and 5,188 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard insider trading activity. There is no indication of positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies like First Horizon Corp. It provides transparency into the holdings of key executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The level of detail provided in this filing is consistent with SEC requirements for reporting changes in beneficial ownership.
• Other financial institutions and public companies have similar reporting requirements for their executives.

Stakeholder Impact

• This filing provides transparency to shareholders regarding the stock ownership of the company's CEO.
• The transaction itself is unlikely to have a significant impact on the company's operations or financial performance.

Key Dates

Keywords

Form 4, Beneficial Ownership, First Horizon Corp, Bryan Jordan, Share Transactions, Executive Holdings, Stock Disposal