Tammy LoCascio, SEVP and Chief Operating Officer of First Horizon Corp, filed a Form 4 on October 28, 2026, reporting the disposition of 3,909 shares of common stock on October 26, 2026, through mandatory tax withholding tied to a vesting restricted stock unit award.

Key Highlights

  • Reporting person: Tammy LoCascio, identified as SEVP, Chief Operating Officer of First Horizon Corp (NYSE:FHN).
  • Transaction: 3,909 shares of common stock disposed of (transaction code F) on October 26, 2026, at a price of $23.43 per share.
  • Reason for disposition: The filing states the transaction "reflects mandatory withholding of shares to pay withholding taxes associated with vesting of restricted stock unit award granted previously."
  • Direct beneficial ownership following transaction: 387,950 shares of common stock held directly.
  • Indirect ownership: 265 shares of common stock held indirectly through a Spouse IRA.

LoCascio RSU Vesting Triggers Tax Withholding Transaction at First Horizon

According to the filing, Tammy LoCascio, serving as SEVP and Chief Operating Officer of First Horizon Corp, reported a change in beneficial ownership of the company's common stock. The transaction, dated October 26, 2026, involved the disposal of 3,909 shares at $23.43 per share under transaction code F, which denotes payment of an exercise price or tax liability by delivering or withholding securities.

The filing's footnote explains that the share reduction reflects a mandatory withholding to satisfy withholding tax obligations arising from the vesting of a previously granted restricted stock unit award. No open-market sale was reported in connection with this transaction. The filing was signed on October 28, 2026, by Peter V. Letsou as attorney-in-fact on behalf of LoCascio.

Following the reported transaction, LoCascio directly holds 387,950 shares of First Horizon common stock, according to the filing. An additional 265 shares are held indirectly through a Spouse IRA. No derivative securities were reported in Table II of the form.

What Was Disclosed

The Form 4 discloses that LoCascio disposed of 3,909 shares of First Horizon common stock on October 26, 2026, at $23.43 per share, solely to satisfy mandatory tax withholding on a vesting RSU award, leaving direct ownership of 387,950 shares.