LoCascio Tammy 4
Research Summary
AI-generated summary
First Horizon (FHN) COO Tammy LoCascio Receives 27,944 RSUs
What Happened
Tammy LoCascio, Chief Operating Officer of First Horizon Corp (FHN), received a grant of 27,944 restricted stock units (RSUs) on Feb 11, 2026. The Form 4 reports the acquisition price as $0.00 (typical for RSU awards), and the RSUs will vest on March 2, 2029.
Key Details
- Transaction date: 2026-02-11; Form filed: 2026-02-12.
- Transaction type/code: Award/Grant (A).
- Shares granted: 27,944 RSUs; reported acquisition price: $0.00 (no cash exchanged at grant).
- Vesting: RSUs vest on March 2, 2029 (per filing footnote).
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: filed the day after the transaction; not indicated as late in the filing.
Context
RSU grants are compensation awards that typically convert to shares if vesting conditions are met; they are not purchases or sales and do not by themselves signal immediate buying or selling. For retail investors, such grants mainly reflect executive compensation and retention incentives rather than direct market conviction.