Form 4: First Horizon Corp Executive Restel Anthony J Reports Share Transaction
SEC Form 4 Filing
SEVP, Chief Banking Officer of First Horizon Corp, Anthony J Restel, reports disposition of shares to cover tax obligations.
Summary
- On March 3, 2025, Anthony J Restel, SEVP, Chief Banking Officer of First Horizon Corp, reported a transaction involving the company's stock.
- Restel disposed of 14,039 shares of common stock at a price of $20.91 to cover withholding taxes associated with the vesting of a restricted stock unit award.
- Following the transaction, Restel directly owns 593,475 shares of common stock.
- Restel also indirectly owns 19,523 shares and 50 depositary shares through a child, and 3,000 depositary shares through an IRA.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard Form 4 filing reporting a transaction related to tax obligations. It doesn't reflect any positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and regulated to ensure transparency in the market. It doesn't necessarily indicate a change in the company's outlook or performance.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of stock transaction (disposal of shares). |
| 03/04/2025 | Date of signature on the report. |
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