Form 4: First Horizon Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Ashley W. Argo, Sr EVP and Chief Risk Officer of First Horizon Corp, sold shares to cover withholding taxes associated with vesting of restricted stock units.
Summary
- On May 12, 2025, Ashley W. Argo, a Senior EVP and Chief Risk Officer at First Horizon Corp (FHN), disposed of 376 shares of common stock at a price of $20.06.
- Additionally, Argo disposed of 599 shares of common stock, also at $20.06 per share, for the same reason.
- Following these transactions, Argo directly owns 34,066 shares of First Horizon Corp common stock.
- Argo also indirectly owns 10,900 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions related to tax obligations.
Industry Context
Form 4 filings are a routine part of insider trading activity and are required by the SEC to provide transparency into the transactions of company executives and other insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on stakeholders as they are related to tax obligations and represent a small portion of the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of stock disposal transactions. |
| 05/13/2025 | Date of signature by attorney-in-fact. |
Keywords
Form 4, First Horizon Corp, FHN, Ashley W. Argo, Chief Risk Officer, Stock Sale, Beneficial Ownership, SEC Filing
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