Davidson Wendy P 4
Research Summary
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First Horizon (FHN) Director Wendy P. Davidson Receives 5,913-Share RSU Award
What Happened Wendy P. Davidson, a director of First Horizon Corp (FHN), received a grant of 5,913 restricted stock units (RSUs) on May 5, 2026. The filing reports an acquisition with a reported price of $0.00 (typical for awards), so the transaction value is reported as $0. These RSUs are a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-05; Form filed: 2026-05-06 (appears timely).
- Transaction type: Award/Grant (code A) — 5,913 RSUs reported at $0.00 per share.
- Reported value: $0 (award reported as $0.00 per share in Form 4).
- Shares owned after transaction: not disclosed in this filing.
- Footnote: RSUs will vest on April 22, 2027 (per filing footnote F1).
- No 10b5-1 plan, tax withholding, or sale reported in this Form 4.
Context RSU grants are a standard form of equity compensation for executives and directors and do not represent an immediate buy/sell signal—value is realized when RSUs vest (and any subsequent sale occurs). This filing simply reports the award; it does not indicate any immediate change in ownership through a market transaction.