ARDOIN ELIZABETH A 4

What Happened

• Elizabeth A. Ardoin, SEVP and Chief Communications Officer of First Horizon Corp (FHN), had 9,879 shares disposed on 2026-05-12 at $23.90 per share for a total value of $236,108. The transaction is a share withholding to satisfy tax obligations tied to a previously granted performance stock unit (PSU) award, not an open-market sale.

Key Details

• Transaction date: 2026-05-12
• Price per share: $23.90; Shares withheld/disposed: 9,879; Implied value: $236,108
• Transaction type/code: F — share withholding to pay tax liability on equity award
• Footnote: Mandatory withholding of shares to pay withholding taxes associated with a prior PSU award (Footnote F1)
• Filing date: 2026-05-14 (filed promptly; not marked late)
• Shares owned after transaction: not specified in the provided filing

Context

• This was a routine tax-withholding transaction tied to the settlement of performance stock units. Shares were withheld by the company to cover taxes rather than sold in the open market by the insider, so it should not be read as a directional bet on the stock.