Form 4: First Horizon Corp Executive Hope Dmuchowski Sells Shares to Cover Tax Obligations

Hope Dmuchowski, Sr. EVP & CFO of First Horizon Corp, disposed of 7,831 shares of common stock on March 3, 2025, to cover withholding taxes related to a restricted stock unit vesting.

Summary

• On March 3, 2025, Hope Dmuchowski, a Senior EVP & CFO at First Horizon Corp (FHN), sold 7,831 shares of common stock.
• The transaction was executed at a price of $20.91 per share.
• This sale was to cover mandatory withholding taxes associated with the vesting of a previously granted restricted stock unit award.
• Following the transaction, Dmuchowski directly owns 123,679 shares of First Horizon Corp.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction appears to be a routine sale to cover tax obligations related to vested stock.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax obligations. Monitoring these transactions can provide insights into management's perspective on the company's value, although this particular sale appears to be primarily for tax purposes.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the stated reason for the sale.

Key Dates