First Horizon Corp Executive Receives 38,793 Performance Stock Units

2026-04-29SEC Filing 4 (0000036966-26-000082)

This Form 4 filing reports that Anthony J. Restel, SEVP and Chief Banking Officer of First Horizon Corp, received 38,793 performance stock units on April 27, 2026. These units were granted in 2023 as part of the company's performance-based compensation program, with the Compensation Committee determining the performance level achieved. The units are scheduled to vest on May 12, 2026, and will be settled with shares of common stock. Following this transaction, Restel's direct holdings of First Horizon common stock increased to 675,863 shares. Additionally, the filing shows he holds 19523 shares in an IRA, 3,000 depositary shares directly, and 50 depositary shares indirectly through a child. The filing represents a significant equity award to a key executive, reflecting the company's compensation structure tied to performance metrics.