JORDAN D BRYAN 4
Research Summary
AI-generated summary
First Horizon (FHN) CEO Jordan Bryan Withholds 46,272 Shares for Taxes
What Happened
- Jordan D. Bryan, Chairman, President & CEO (and Director) of First Horizon Corp, had 46,272 shares withheld to satisfy tax withholding on a previously granted performance stock unit award. The shares are reported as disposed at $23.90 per share, totaling $1,105,901. This was a tax-withholding disposition (routine), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-05-12
- Price per share: $23.90; Shares withheld/disposed: 46,272; Reported value: $1,105,901
- Shares owned after transaction: Not provided in the supplied filing details
- Footnote: Mandatory withholding of shares to pay withholding taxes on a prior performance stock unit award (F-code: tax withholding)
- Filing date: 2026-05-14 (filed two days after the transaction); appears timely for a Form 4
Context
- This was a tax-withholding event tied to vested performance stock units — effectively a cashless method of satisfying the insider’s tax obligation by withholding shares. Such transactions are routine and do not necessarily indicate the insider is reducing their economic stake by choice.