Hung Thomas 4
Research Summary
AI-generated summary
First Horizon (FHN) Sr EVP Hung Thomas Receives 12,740 RSU Award
What Happened
Hung Thomas, Senior Executive Vice President & Chief Credit Officer of First Horizon Corp (FHN), received an award of 12,740 restricted stock units (transaction code A) on 2026-02-11. The grant shows an acquisition price of $0.00 (typical for RSU awards); the units will vest on 2029-03-02 per the filing footnote.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-12 (timely filing).
- Transaction type/code: A = Award/Grant of restricted stock units.
- Shares/units granted: 12,740 RSUs; grant price reported $0.00 (no cash paid).
- Vesting: RSUs vest on 2029-03-02 (footnote F1).
- Shares owned after transaction: Not reported in the provided filing details.
- No sale, exercise, or open-market purchase occurred in this filing.
Context
Restricted stock units are a form of compensation that convert to actual shares (and potential economic value) only when they vest; they do not represent immediately tradable stock. Awards like this are common executive compensation and do not, by themselves, indicate a buy/sell signal by the insider.
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