Form 4: First Horizon Corp Executive Hope Dmuchowski Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Hope Dmuchowski, Sr. EVP & CFO of First Horizon Corp, disposed of 15,066 shares of common stock to cover withholding taxes related to a performance stock unit award.
Summary
- On May 12, 2025, Hope Dmuchowski, the Sr. EVP & CFO of First Horizon Corp (FHN), disposed of 15,066 shares of common stock.
- The transaction was executed to cover mandatory withholding taxes associated with the payment of a previously granted performance stock unit award.
- The price per share was $20.06.
- Following the transaction, Dmuchowski directly owns 146,899 shares of First Horizon Corp.
Sentiment
Score: 6
Explanation: Neutral sentiment. The transaction is a routine disposal of shares to cover tax obligations, which is a common practice and doesn't necessarily reflect a change in the executive's outlook on the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Hope Dmuchowski, transact in their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of the stock disposal transaction. |
| 05/13/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, First Horizon Corp, FHN, Hope Dmuchowski, Stock Disposal, Tax Withholding, Performance Stock Unit, Insider Trading
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