Form 4: First Horizon Corp: Executive Sells Shares for Tax Withholding

Elizabeth Ardoin, SEVP Chief Communications Officer at First Horizon Corp, reported a disposition of 9,879 common shares due to mandatory tax withholding.

Summary

• Elizabeth Ardoin, SEVP, Chief Communications Officer of First Horizon Corp, disposed of 9,879 shares of common stock on May 12, 2026.
• The disposition was a result of mandatory withholding of shares to cover taxes related to a previously granted performance stock unit award.
• Following this transaction, Ardoin beneficially owns 336,110 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as the share disposition is a standard, non-discretionary event for tax withholding purposes and does not indicate a change in the executive's confidence in the company.

Negatives

• A disposition of shares by a key executive, even if for tax purposes, can sometimes be perceived negatively by the market.

Future Outlook

No specific future outlook or guidance is provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions, often related to compensation plans or personal financial management, and this specific transaction appears to be a standard tax-related event.

Stakeholder Impact

• Shareholders: The disposition is a result of a pre-existing compensation plan and tax obligation, not a sale driven by negative company outlook, thus likely to have minimal direct impact on share price.

Key Dates

Keywords

Form 4, SEC Filing, Insider Transaction, Stock Disposition, Tax Withholding, First Horizon Corp, FHN, Executive Compensation