FIRST HORIZON CORP·4

Mar 3, 4:31 PM ET

JORDAN D BRYAN 4

Research Summary

AI-generated summary

Updated

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.