FIRST HORIZON CORP·4

May 6, 4:49 PM ET

Maples Ricky E 4

Research Summary

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First Horizon (FHN) Director Ricky Maples Receives 12,030-Share Award

What Happened

  • Ricky E. Maples, a director of First Horizon Corp. (FHN), was granted 12,030 restricted stock units (RSUs) on May 5, 2026. The award is reported at $0.00 per share in the Form 4 (code A — grant/award). The RSUs will convert to common shares if and when they vest; the filing reports the grant value as $0 because no purchase price was paid.

Key Details

  • Transaction date: 2026-05-05; Form 4 filed: 2026-05-06 (timely; Form 4s are due within two business days).
  • Transaction type/code: Award/Grant (A) — restricted stock units (RSUs).
  • Amount: 12,030 RSUs granted at $0.00 per share (reported acquisition value $0).
  • Vesting: Footnote F1 — these RSUs will vest on April 22, 2027.
  • Shares owned after the transaction: not specified in the provided filing.

Context

  • RSUs are a form of compensation: they represent a promise to issue shares in the future if vesting conditions are met and do not represent an immediate market purchase or sale. Because the award vests in the future, it is not an immediate bullish cash outlay by the insider. This is a routine compensation disclosure for a director, not an indication of an open-market purchase or sale.