Form 4: First Horizon Corp Executive Jeff L. Fleming Trades Shares and Options

First Horizon Corp's EVP & Chief Accounting Officer, Jeff L. Fleming, executed a series of transactions involving company stock and options on November 22, 2024.

Summary

• Jeff L. Fleming, EVP & Chief Accounting Officer of First Horizon Corp, engaged in transactions involving the company's stock and options on November 22, 2024.
• Fleming acquired 8,025 shares of common stock at a price of $18.69 per share.
• He then disposed of 8,025 shares of common stock at a price of $20.65 per share.
• Following these transactions, Fleming directly owns 124,699 shares of common stock.
• He also indirectly owns 30,279 shares through a 401(k) plan.
• Fleming exercised stock options to acquire 8,025 shares at $18.69 per share.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by an executive, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to insider trading activity, which is common for executives of publicly traded companies. The transactions are not unusual and do not indicate any specific trend in the financial industry.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies, and this filing is consistent with standard practices.
• Similar filings are made by executives at comparable financial institutions such as Truist Financial Corporation and Regions Financial Corporation, reflecting routine trading activity.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are routine and do not indicate any significant change in the company's financial health or outlook.

Key Dates

Keywords

First Horizon Corp, stock options, insider trading, executive transactions, common stock, SEC Form 4