Form 4: First Horizon Corp Executive Jeff L. Fleming Reports Changes in Beneficial Ownership
SEC Form 4
Jeff L. Fleming, EVP & Chief Accounting Officer of First Horizon Corp, reports changes in beneficial ownership of common stock and performance stock units.
Summary
- On April 22, 2024, Jeff L. Fleming, EVP & Chief Accounting Officer of First Horizon Corp, reported changes in beneficial ownership.
- The transactions involved common stock and performance stock units.
- Fleming acquired 11,359 shares of common stock at $0, and directly owns 132,855 shares of common stock.
- Fleming also indirectly owns 29,783 shares of common stock through a 401(k).
- The performance stock units granted in 2021 vested on May 12, 2024, and will be settled with shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing detailing changes in ownership. The acquisition of shares could be seen as slightly positive, but it's not a major event.
Positives
- The acquisition of 11,359 shares indicates a potential positive outlook by the executive.
Future Outlook
The performance stock units will be settled with shares of common stock on May 12, 2024.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 04/22/2024 | Date of transaction and Compensation Committee determination of performance level achieved for performance stock units. |
| 04/24/2024 | Date of signature on the report. |
| 05/12/2024 | Vesting date of performance stock units granted in 2021. |
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