First Horizon (FHN) Chief Banking Officer Receives Award

What Happened Anthony J. Restel, SEVP and Chief Banking Officer of First Horizon Corp. (FHN), was credited with 38,793 performance stock units (PSUs) as an award reported on 2026-04-27. The filing shows an acquisition at $0.00 (award), with the Compensation Committee determining the performance level on 4/27/2026. These units will vest on 5/12/2026 and will be settled in shares of common stock when vested.

Key Details

• Transaction type: Award/acquisition of performance stock units (Form 4 code A).
• Transaction date: 2026-04-27; Filing date: 2026-04-29 (filed within the typical 2-business-day Form 4 window).
• Shares/units: 38,793 PSUs recorded at $0.00 (award).
• Settlement/vesting: Units will vest on 2026-05-12 and will be settled in common stock per footnote.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: These PSUs were originally granted in 2023; the 4/27/2026 action reflects the Compensation Committee’s performance determination.

Context This is a compensation award (performance-based equity), not an open-market purchase or sale. Such awards are standard executive compensation and are recorded at $0 in Form 4s until settled; they do not necessarily indicate buying or selling intent. The award will convert to actual shares only upon vesting/settlement on 5/12/2026.