Elizabeth A. Ardoin, SEVP and Chief Communications Officer of First Horizon Corp, filed a Form 4 on August 24, 2026, reporting a series of stock option exercises and corresponding share sales that all took place on August 20, 2026.

Key Highlights

  • Reporting person: Elizabeth A. Ardoin, identified in the filing as SEVP, Chief Communications Officer of First Horizon Corp (NYSE:FHN).
  • Options exercised: A total of 22,571 stock options were exercised across six tranches on August 20, 2026, at exercise prices of $15.35, $17.94, and $18.68 per share.
  • Shares sold: A total of 18,313 shares of common stock were sold on August 20, 2026, at prices ranging from $24.845 to $24.85 per share.
  • Remaining beneficial ownership: Following all reported transactions, Ardoin directly held 340,368 shares of common stock.
  • Remaining options: After the exercises, 2,882 options with an exercise price of $17.94 (expiring 02/22/2028) and 6,306 options with an exercise price of $15.35 (expiring 01/11/2029) remain beneficially owned.
  • Filing signed: The form was signed by Peter V. Letsou as attorney-in-fact on August 24, 2026.

Ardoin's Option Exercises and Share Sales at First Horizon Corp

According to the filing, Elizabeth A. Ardoin executed multiple transactions on August 20, 2026, all involving First Horizon Corp common stock. The filing reports six separate option exercises using transaction code "M," covering options with exercise prices of $18.68 and $17.94 (originally exercisable from July 1, 2020) and $15.35 (also exercisable from July 1, 2020). The options carried expiration dates of February 15, 2027, February 22, 2028, and January 11, 2029, respectively, and the filing lists their derivative security price as $0.

Corresponding to several of the exercises, the filing reports five separate sale transactions, also coded as same-day disposals. Shares totaling 3,502 were sold at $24.85, while shares of 3,763, 3,324, and 6,724 were each sold at $24.855, and 1,000 shares were sold at $24.845, all on August 20, 2026. Each sale reduced the directly held share count back to 340,368 following the exercise-and-sell sequence, as reported in the filing.

The filing indicates that after all transactions, Ardoin retained direct beneficial ownership of 340,368 shares of common stock. In addition, the filing reports remaining derivative positions of 2,882 stock options at an exercise price of $17.94 expiring February 22, 2028, and 6,306 stock options at an exercise price of $15.35 expiring January 11, 2029, both held directly.

What Was Disclosed

The filing discloses stock option exercises and share sales by First Horizon Corp's SEVP and Chief Communications Officer on August 20, 2026, resulting in direct beneficial ownership of 340,368 shares of common stock following the reported transactions.