Carboni Velia 4

What Happened
Velia Carboni, a director of First Horizon Corp (FHN), received a grant of 5,913 restricted stock units (reported as an acquisition, code A) on May 5, 2026. The units were granted at $0.00 (i.e., no purchase price), so the immediate reported cost/value is $0; these RSUs convert to shares if and when they vest under the award terms.

Key Details

• Transaction date: 2026-05-05; filing date (Form 4): 2026-05-06 (timely).
• Award: 5,913 restricted stock units (price $0.00).
• Vesting: Per the filing footnote, the RSUs vest on April 22, 2027.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding, or sale reported in this filing.

Context
RSU grants to directors are typically part of routine compensation and do not represent an open-market purchase or sale. They only convert to actual shares if vesting conditions are met, so this award alone doesn’t signal a buy or sell decision by the insider. Investors may watch future filings for vesting confirmations or any subsequent sales.