DIETRICH JOHN W 4
Research Summary
AI-generated summary
First Horizon (FHN) Director John W. Dietrich Receives RSU Award
What Happened
John W. Dietrich, a director of First Horizon Corp (FHN), was granted 5,913 restricted stock units (RSUs) on May 5, 2026. The grant is reported at $0.00 per share (no cash paid). The filing does not show a market value for the award; RSUs typically convert to shares when they vest.
Key Details
- Transaction date: 2026-05-05; transaction type: Award/Grant (code A).
- Shares granted: 5,913 RSUs; reported acquisition price: $0.00 per share.
- Vesting: These RSUs will vest on April 22, 2027 (footnote F1).
- Shares owned after transaction: not specified in the filing excerpt.
- Filing date: 2026-05-06 — filed promptly (next day), not late.
Context
RSUs are a form of equity compensation that normally convert into actual shares at vesting and can be forfeited if employment or board service ends before vesting. This is a compensation grant rather than an open-market purchase or sale, so it should be viewed as routine director compensation rather than a direct trading signal.