Restel Anthony J 4

What Happened
Anthony J. Restel, Senior Executive Vice President and Chief Banking Officer of First Horizon Corp (FHN), was granted 27,944 restricted stock units (RSUs) on February 11, 2026. The Form 4 reports the acquisition price as $0.00 (typical for RSU grants); no cash changed hands. The award is recorded as an "A" (award/grant) transaction.

Key Details

• Transaction date: 2026-02-11; Form 4 filed: 2026-02-12 (timely filing).
• Grant size: 27,944 RSUs; reported acquisition price: $0.00.
• Vesting: These RSUs will vest on 2029-03-02 (footnote F1).
• Shares owned after transaction: not specified in the provided filing details.
• Filing status: Timely (filed within required Form 4 window).
• Transaction code: A = Award/Grant of equity-based units.

Context
RSUs are a form of compensation that convert into company shares (or equivalent value) if the recipient meets vesting conditions; they do not represent an immediate market purchase or sale. Grants like this are commonly used for retention and long-term incentive pay and should be interpreted as compensation, not a direct buy/sell market signal.