Argo Ashley W 4

What Happened

• Ashley W. Argo, Senior EVP and Chief Risk Officer of First Horizon (FHN), had 1,005 shares withheld to satisfy tax withholding related to vested restricted stock units (RSUs). The withholdings consisted of 599 shares at $23.90 ($14,316) and 406 shares at $23.90 ($9,703), totaling 1,005 shares and $24,019. These were tax-withholding dispositions (routine), not open-market sales indicating a deliberate cashing out.

Key Details

• Transaction date: 2026-05-12; withholding price reported: $23.90 per share.
• Shares withheld/disposed: 599 shares ($14,316) and 406 shares ($9,703); total 1,005 shares (~$24,019).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — Mandatory withholding of shares to pay withholding taxes associated with vesting of a previously granted RSU award.
• Filing date: 2026-05-14 for transactions on 2026-05-12; appears timely (filed within two business days).

Context

• These transactions reflect tax withholding on RSU vesting (transaction code F) — a common, administrative action. Such withholdings are not generally viewed as a signal of insider sentiment in the same way as discretionary open-market sales or purchases.