Form 4: First Horizon Corp Executive Restel Anthony J Reports Stock Transaction

Anthony J Restel, SEVP and Chief Banking Officer of First Horizon Corp, reports a transaction involving common stock due to mandatory withholding of shares for tax obligations.

Summary

• On May 12, 2025, Anthony J Restel, SEVP, Chief Banking Officer of First Horizon Corp, reported a transaction.
• The transaction involved the disposal of 27,009 shares of common stock at a price of $20.06.
• This disposal was due to mandatory withholding of shares to cover withholding taxes related to a previously granted performance stock unit award.
• Following the transaction, Restel directly owns 626,022 shares of common stock.
• Restel also indirectly owns 19,523 shares of common stock through an IRA, 3,000 Depositary Shares directly, and 50 Depositary Shares indirectly through a child.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related share withholding, which is a common practice.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it is a standard procedure for covering tax obligations on stock-based compensation.

Key Dates

Keywords

Form 4, First Horizon Corp, FHN, Anthony J Restel, Stock Transaction, SEVP, Chief Banking Officer, Share Withholding, Performance Stock Unit