ARDOIN ELIZABETH A 4
Research Summary
AI-generated summary
First Horizon SEVP Elizabeth Ardoin Withholds 5,790 Shares
What Happened
- Elizabeth A. Ardoin, Senior EVP & Chief Communications Officer at First Horizon Corp (FHN), had 5,790 shares disposed on March 2, 2026 to satisfy withholding taxes tied to a previously granted restricted stock unit (RSU) award. The shares were valued at $24.16 each, for a total of $139,886. This was a tax-withholding disposition (routine) rather than an open-market sale for investment purposes.
Key Details
- Transaction date and price: 2026-03-02 — 5,790 shares at $24.16 each (total $139,886).
- Transaction type/code: Payment of tax liability / withholding of shares (code F).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — mandatory withholding of shares to pay withholding taxes associated with vesting of a previously granted RSU award.
- Filing timeliness: Reported on 2026-03-03 for a 2026-03-02 transaction (filed promptly).
Context
- This was a routine tax-withholding event tied to RSU vesting, not an indication of a discretionary sale or change in investment view. Withholding of shares to cover taxes is common when equity awards vest and should not be interpreted as a directional insider trade.