JORDAN D BRYAN 4
Research Summary
AI-generated summary
First Horizon CEO Jordan D. Bryan Surrenders 27,119 Shares for Taxes
What Happened
- Jordan D. Bryan, Chairman, President & CEO of First Horizon Corp (FHN), had 27,119 shares withheld to cover tax withholding related to vested restricted stock units. The withholding was at $24.16 per share, totaling approximately $655,195. This is a routine tax-related disposition (not an open-market sale).
Key Details
- Transaction date: 2026-03-02 (reported on Form 4 filed 2026-03-03)
- Disposition: 27,119 shares withheld at $24.16/share — total value ~$655,195
- Shares owned after transaction: not provided in the filing excerpt
- Footnote: F1 — mandatory withholding of shares to pay withholding taxes on previously granted RSU award
- Filing timeliness: reported the next day (appears timely; no late filing flag)
Context
- This transaction reflects tax withholding on vested RSUs, a routine administrative action. It should not be interpreted as a deliberate open-market sale or investment signal by the insider.