Form 4: First Horizon Corp Executive Elizabeth Ardoin Reports Stock Transactions
SEC Form 4 Filing
Elizabeth Ardoin, SEVP and Chief Communications Officer of First Horizon Corp, reports the disposal of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 4, 2024, Elizabeth Ardoin, SEVP, Chief Communications Officer of First Horizon Corp, disposed of 4,712 shares of common stock at a price of $14.33 to cover withholding taxes.
- Additionally, on the same day, she disposed of 7,391 shares of common stock at $14.33 for the same reason.
- Following these transactions, Ardoin directly owns 273,591 shares and then 266,200 shares of First Horizon Corp common stock.
- She also indirectly owns 266 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to routine stock disposals for tax purposes and doesn't indicate a change in the executive's overall confidence in the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. These filings are closely watched by investors for signals about management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of stock disposal transactions. |
| 03/06/2024 | Date of signature on the Form 4 filing. |
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