Form 4: First Horizon Corp Executive Jeff L. Fleming Reports Stock Transaction

Jeff L. Fleming, EVP & Chief Accounting Officer of First Horizon Corp, reports disposition of shares to cover withholding taxes.

Summary

• On March 4, 2024, Jeff L. Fleming, EVP & Chief Accounting Officer of First Horizon Corp, reported a transaction involving the company's common stock.
• Fleming disposed of 1,827 shares of common stock at a price of $14.33 per share to cover withholding taxes associated with the vesting of a restricted stock unit award.
• Following the transaction, Fleming directly owns 121,496 shares of First Horizon Corp common stock and indirectly owns 29,546 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a routine transaction for tax purposes.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transaction has minimal impact on stakeholders as it is a routine sale of shares for tax purposes and does not indicate a change in the executive's long-term outlook on the company.

Key Dates