Wiseman Thomas Lang 4
Research Summary
AI-generated summary
First Horizon (FHN) GC Wiseman Thomas Lang Receives 11,017 RSUs
What Happened
- Wiseman Thomas Lang, Senior Executive Vice President and General Counsel of First Horizon Corp (FHN), was granted 11,017 restricted stock units (RSUs) on 2026-02-11. The Form 4 reports an acquisition (code A) at $0.00 per share (no cash outlay at grant). These RSUs are compensation awards, not open-market purchases or sales.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-12 (timely).
- Security: 11,017 restricted stock units; reported acquisition price: $0.00; total reported cash value: $0.
- Vesting: Footnote indicates the RSUs will vest on 2029-03-02.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding, or late-filing flags noted in the excerpt.
Context
- RSUs are a form of equity compensation that convert to company shares (or equivalent value) only after vesting; their ultimate value depends on FHN’s stock price at vesting. This grant is a routine compensation award and does not represent an open-market buy or sell.