Form 4: First Horizon Corp Executive Tammy LoCascio Reports Stock Transaction
SEC Form 4 Filing
Tammy LoCascio, SEVP and Chief Operating Officer of First Horizon Corp, reported a transaction involving common stock due to mandatory withholding of shares for taxes.
Summary
- On October 28, 2024, Tammy LoCascio, SEVP and Chief Operating Officer of First Horizon Corp, reported a transaction involving the company's common stock.
- The transaction involved the disposal of 3,909 shares at a price of $17.38 per share.
- This disposal was due to the mandatory withholding of shares to cover withholding taxes associated with the vesting of a previously granted restricted stock unit award.
- Following the transaction, LoCascio directly owns 303,126 shares of First Horizon Corp common stock and indirectly owns 265 shares through a Spouse IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, and does not contain any information that would indicate a positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2024-08-15 | Date of Power of Attorney execution. |
| 2024-10-28 | Date of stock transaction (disposal of shares). |
| 2024-10-30 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.