Dmuchowski Hope 4
Research Summary
AI-generated summary
First Horizon (FHN) CFO Hope Dmuchowski Withholds 5,752 Shares for Taxes
What Happened
- Hope Dmuchowski, Senior EVP & CFO of First Horizon Corp (FHN), had 5,752 shares withheld to satisfy tax withholding related to the vesting of previously granted restricted stock units (RSUs). The shares were valued at $24.16 each for a total of $138,968. This was a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date and price: Mar 2, 2026 at $24.16 per share
- Shares withheld/disposed: 5,752 (total value ~$138,968)
- Transaction code: F (shares withheld for taxes)
- Footnote: Mandatory withholding to pay withholding taxes on vested RSU award
- Shares owned after transaction: Not specified in the provided filing
- Filing timeliness: Report filed Mar 3, 2026 (appears timely; not marked late)
Context
- This is a routine tax-withholding action tied to RSU vesting — equivalent to withholding part of the award to cover tax obligations. It is not an open-market sale and should not be interpreted as a discretionary divestiture or a direct signal of insider sentiment. Purchases or open-market sales typically carry more weight for interpreting insider conviction.