First Horizon Officer Files Intent to Sell $166K in Stock (FHN)
FIRST HORIZON CORP
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Filing Summary
First Horizon Officer Files Intent to Sell $166K in Stock
Company: FIRST HORIZON CORP (FHN) Form: 144 | Filed: 2025-11-12 Significance: Low
Insider: Fleming Jeff L. Title: Officer
Transaction (Proposed): • Type: Sale • Shares: 7,619 • Value: $165,660 • Price: ~$21.74/share
Key Insight: An officer filed a notice of intent to sell a small number of shares, representing a negligible fraction (<0.01%) of the company's market capitalization. The shares originate from an option grant made in 2019.
Market Context: This is a routine filing with low market impact, likely for personal financial management or portfolio diversification.
Comprehensive Analysis
SEC Filing Analysis: FIRST HORIZON CORP (FHN)
Executive Summary
- Trading Significance: Low
- Key Takeaway: An officer of First Horizon Corp has filed a notice of intent to sell a small lot of shares worth approximately $166k, a transaction of minimal financial significance to the company.
- Market Impact: Neutral. The proposed sale is too small to have any meaningful impact on the stock price or trading volume.
Company Information
| Field | Value |
|---|---|
| Company | FIRST HORIZON CORP |
| Ticker Symbol | FHN |
| CIK | 0000036966 |
| Industry | National Commercial Banks [6021] |
Insider Information
| Field | Value |
|---|---|
| Name | Fleming Jeff L. |
| CIK | 0001537451 |
| Title/Position | Officer |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 |
| Transaction Date | 2025-11-12 (Approximate Sale Date) |
| Transaction Code | null |
| Security Type | Common Stock |
| Shares Involved | 7,619 |
| Price Per Share | ~$21.74 (calculated) |
| Total Value | $165,659.92 |
| Shares Owned After | null |
| Ownership Type | null |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $165,659.92 |
| % of Market Cap | 0.0015% |
| Shares Transacted | 7,619 |
| % of Shares Outstanding | 0.0015% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction value of ~$166k is negligible when compared to First Horizon's market capitalization of $10.74 billion.
- Ownership Concentration: Without post-transaction ownership data, a full assessment is not possible, but the size of this sale is too small to materially alter the insider's relative stake.
- Transaction Significance: The sale represents less than 0.01% of both market cap and shares outstanding, placing it well below any threshold for significance. It is considered a routine, non-material event.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The size of the proposed sale is de minimis relative to the company's public float and market cap. It is highly unlikely to be perceived by the market as a significant signal from the insider.
Volume & Sentiment
- Expected Volume Impact: Negligible. The transaction size is too small to impact daily trading volume in any noticeable way.
- Sentiment Indicator: Neutral. This filing does not provide any bullish or bearish signals due to its small scale.
Additional Context
Transaction Notes
- This Form 144 is a notice of proposed sale, not a completed transaction. The sale is intended to occur on or around November 12, 2025.
- The shares to be sold were acquired via an option grant on February 11, 2019, indicating this is likely the monetization of vested compensation.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.