POPWELL DAVID T

SEVP Popwell sold 155.1K FHN shares at $21.31, reducing position 33.5%; stock now -8.2% from 52-week high

David T. Popwell, Senior EVP of Strategic Execution at First Horizon Corp, sold 155,149 shares at $21.31 on November 4, 2025, reducing his holdings from 462,581 shares to 307,432 shares—a -33.5% reduction. The sale occurred as the stock trades at $21.51 current price, -8.2% from its 52-week high of $23.43 and down 6.7% over the past 30 days. Reviewing his prior trades at FHN specifically (5 prior transactions), his four prior sales with measurable 90-day outcomes showed positive returns in all cases (ranging from +4.7% to +4.8%)—indicating the stock rose after those sales, making them poorly timed from a sell-timing perspective (0 of 4 well-timed at the 90-day mark). His cross-ticker track record across 11 prior open-market sales averages +4.5% at 30 days and +11.5% at 90 days, with a 0.00% well-timed rate, reinforcing a pattern of selling before rallies rather than declines. Against fundamentals showing FHN with a low P/E of 12.96, quarterly net income of $241.0M on revenue of $830.0M, and a market cap of $10.9B, the material scale of this sale and historical sell patterns warrant tracking this position's outcome.

SEVP David Popwell sold 100,000 FHN shares at $22.50 on 2025-08-22; holds 462,581 post-sale. Stock at $22.69.

David Popwell, Sr Strategic Executive Vice President, sold 100,000 shares (-17.8% of his pre-transaction holdings) near the 52-week high of $22.81. His cross-ticker track record shows prior sells averaged +11.5% over 90 days (poorly timed, as the stock typically rose post-sale), with a 0.00% well-timed rate; at FHN specifically, all 5 prior sales occurred on 2024-11-07 and subsequently posted +11.6% average 90-day gains, again indicating poor timing. The current sale occurs with the stock at -0.5% from 52-week high and the company reporting -8.0% annual revenue growth, a P/E of 13.67, and $241.0M net income on $830.0M quarterly revenue. The timing pattern and fundamental softness warrant tracking whether this sale marks a shift in insider appetite or reflects routine portfolio management near elevated prices.

POPWELL (SEVP) sold 100,974 shares at blended $19.77 on 2024-11-07, netting $1,996,016.97; reduced holding by 16.3% to 519.9K shares.

POPWELL DAVID T executed 10 separate sales totaling 100,974 shares for $1,996,016.97 on 2024-11-07, reducing his FHN holdings by 16.3% from 620.9K to 519.9K shares. The sales were executed across a narrow price range ($19.74–$19.78), with blended average price $19.77 slightly above the current price of $19.69. FHN has appreciated 23.8% over 30 days and 31.4% over 90 days, and currently trades at -2.0% from its 52-week high of $20.10. The company shows a P/E of 13.13 with annual revenue declining 6.1% year-over-year despite reported net income of $218.0M in the latest quarter. The substantial block sale and material reduction in insider position are observable facts requiring context on whether this disposal follows a planned schedule (10b5-1 arrangement) or reflects discretionary decision-making.