Restel Anthony J 4

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.