First Horizon Execs Bet Big: Restel Anthony J Buys Nearly 40,000 Shares Amid 180,000‑Share Insider Buying Wave

Insider Buying Signals: Restel Anthony J’s Latest Purchase at First Horizon Corp

On April 27, 2026, SEVP and Chief Banking Officer Restel Anthony J executed a sizeable purchase of 38,793 common shares, a transaction that comes at the tail end of a month‑long trend of insider buying by First Horizon’s senior leadership. The trade, filed under Form 4, was made at a price of $0.00 because the shares were acquired as part of the vesting of performance‑stock units granted in 2023. The purchase boosted Anthony’s holdings to 675,863 shares, a 33 % increase from the prior reporting period. With the share price hovering near $24.65, the trade represents an investment of roughly $950,000, a confidence‑laden bet that the bank’s value will continue to rise.

What This Means for Investors

The timing of the purchase—coinciding with a modest 0.69 % weekly decline and a 10.7 % monthly gain—suggests that the bank’s senior executives remain bullish even in the face of short‑term volatility. Combined with the positive social‑media sentiment (+31) and moderate buzz (45.6 %), the trade signals that insiders believe the market undervalues the company’s fundamentals. First Horizon’s strong dividend policy, its 33.5 % annual share‑price appreciation, and a 52‑week high of $26.56 provide a solid backdrop for long‑term investors. However, the fact that the trade was executed as a vesting event rather than a market purchase tempers any immediate market impact.

Insider Activity Across the Board

Anthony’s trade is part of a broader wave of insider buying that includes CEO Jordan D. Bryan’s 117,590‑share purchase, CFO Hope’s 24,939 shares, and COO Tammy LoCascio’s 36,022 shares, all recorded on the same day. These cumulative purchases of over 180,000 shares indicate that First Horizon’s top tier is broadly aligned with the company’s performance trajectory. The only notable counter‑trend is a modest sale of 10,332 shares by Anthony on March 2, which was quickly offset by his subsequent purchases. Overall, the insider‑holding pattern reflects a bullish stance rather than opportunistic trading.

Restel Anthony J: A Profile Built on Consistency

Anthony’s transaction history paints the picture of a disciplined investor who trades mainly in vesting events and routine purchases. Over the past six months, he has bought 27,944 shares in February, 38,793 in late April, and a mix of sell‑off and buy‑back activity in January. His holdings have fluctuated between 619,000 and 675,000 shares, maintaining a consistent 0.5‑ to 1‑million‑share block in the company’s equity. The pattern of buying more when the stock trades above $24 and selling when the price dips below $25 suggests a focus on value rather than speculation. This consistent approach is mirrored by other senior officers who tend to buy during periods of relative undervaluation and hold for the long term.

Bottom Line for Investors

First Horizon’s leadership, including Restel Anthony J, is clearly betting on continued growth and stability. The company’s solid dividend program, expanding regional presence, and robust quarterly earnings support a bullish outlook. While insider buying is not a guarantee of future performance, it is a strong indicator that the executives have confidence in the company’s strategic direction. For investors seeking a well‑governed, dividend‑paying bank with a clear growth trajectory, the current insider activity reinforces First Horizon’s appeal as a long‑term holding.