Jeffrey R. Balser, a director at First Horizon Corp, has reported the acquisition of 5,664 shares in the company, a move that underscores his commitment to the organization. This acquisition, filed on October 30, 2026, is significant as it reflects Balser's confidence in the future of First Horizon, a key player in the banking sector.
Background
First Horizon Corp, identified by the Central Index Key (CIK) 0000036966, operates in the National Commercial Banks sector. The company has undergone several name changes, previously known as First Horizon National Corp and First Tennessee National Corp. The latest filing was made under the SEC Act of 1934, with the company incorporated in Tennessee.
What the Filing Says
The filing indicates that Balser acquired the shares on October 29, 2026, under the transaction code 'A', which signifies an acquisition. The filing states, "Grant of restricted stock units which will vest October 29, 2027." Following this transaction, Balser now holds a total of 5,664 shares directly.
Impact
This acquisition may have implications for stakeholders and investors in First Horizon Corp, as it demonstrates a personal investment from one of its directors. Such actions often serve to bolster investor confidence in the leadership and future direction of the company, particularly in the banking industry.
What's Next
The filing does not say what happens next.
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