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

Tammy LoCascio, SEVP and Chief Operating Officer of First Horizon Corp, reported a disposition of 14,175 shares of common stock on May 12, 2026, primarily to cover tax withholding obligations.

Summary

• Tammy LoCascio, SEVP and Chief Operating Officer of First Horizon Corp, disposed of 14,175 shares of common stock on May 12, 2026.
• The disposition was a result of mandatory withholding of shares to cover taxes associated with a previously granted performance stock unit award.
• Following this transaction, LoCascio beneficially owns 391,859 shares of common stock directly and an additional 265 shares indirectly through a Spouse IRA.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the stock disposition is for tax withholding purposes and not indicative of a change in the insider's view of the company's performance.

Negatives

• Insider selling, even for tax purposes, can sometimes be perceived negatively by the market.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Management Comments

• The disposition reflects mandatory withholding of shares to pay withholding taxes associated with payment of performance stock unit award granted previously.

Industry Context

StockSavvy.ai notes that insider transactions, particularly Form 4 filings, are closely watched by investors as they can signal management's confidence or concerns about the company's prospects. While this transaction is for tax withholding, any insider selling warrants attention.

Stakeholder Impact

• Shareholders: The disposition of shares by a key executive may be noted, but as it's for tax withholding, the direct impact on share price is likely minimal unless part of a larger trend.

Key Dates

Keywords

First Horizon Corp, FHN, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Performance Stock Unit, SEVP, Chief Operating Officer