# EDGAR Filing Document

**Accession Number:** 0000036966
**File Stem:** 0000930413-26-000684
**Filing Date:** 2026-3
**Character Count:** 8125
**Document Hash:** 5182993f070d783f56edb1a9cbc22943
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000930413-26-000684.hdr.sgml**: 20260305

**ACCESSION NUMBER**: 0000930413-26-000684

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260305

**DATE AS OF CHANGE**: 20260305

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST HORIZON CORP
- **CENTRAL INDEX KEY:** 0000036966
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 620803242
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-287053
- **FILM NUMBER:** 26727553

**BUSINESS ADDRESS:**
- **STREET 1:** 165 MADISON AVENUE
- **CITY:** MEMPHIS
- **STATE:** TN
- **ZIP:** 38103
- **BUSINESS PHONE:** 9018186232

**MAIL ADDRESS:**
- **STREET 1:** 165 MADISON AVENUE
- **CITY:** MEMPHIS
- **STATE:** TN
- **ZIP:** 38103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST HORIZON NATIONAL CORP
- **DATE OF NAME CHANGE:** 20040422

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST TENNESSEE NATIONAL CORP
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST TENNESSEE BANKS INC
- **DATE OF NAME CHANGE:** 19600201
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST HORIZON CORP
- **CENTRAL INDEX KEY:** 0000036966
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 620803242
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 165 MADISON AVENUE
- **CITY:** MEMPHIS
- **STATE:** TN
- **ZIP:** 38103
- **BUSINESS PHONE:** 9018186232

**MAIL ADDRESS:**
- **STREET 1:** 165 MADISON AVENUE
- **CITY:** MEMPHIS
- **STATE:** TN
- **ZIP:** 38103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST HORIZON NATIONAL CORP
- **DATE OF NAME CHANGE:** 20040422

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST TENNESSEE NATIONAL CORP
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST TENNESSEE BANKS INC
- **DATE OF NAME CHANGE:** 19600201

Filed Pursuant to Rule 433<br> Registration No. 333-287053<br> March 5, 2026

**First Horizon Corporation<br>16,000,000 Depositary Shares<br> Each Representing 1/4,000<sup>th</sup> Interest in a Share of<br> Non-Cumulative Perpetual Preferred Stock, Series H<br>Pricing Term Sheet**

This pricing term sheet supplements the information set forth under "Description of the Series H Preferred Stock" in the preliminary prospectus supplement, dated March 5, 2026, to the prospectus, dated May 7, 2025.

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| | |
|:---|:---|
| &nbsp;&nbsp;Issuer: | &nbsp;&nbsp;First Horizon Corporation |
| &nbsp;&nbsp;Security: | &nbsp;&nbsp;Depositary shares (the "Depositary Shares") each representing a 1/4,000<sup>th</sup> ownership interest in a share of Non-Cumulative Perpetual Preferred Stock, Series H of the Issuer (the "Series H Preferred Stock") |
| &nbsp;&nbsp;Expected Security Ratings:\* | &nbsp;&nbsp;Ba2 (positive) / BB (stable) (Moody's / Fitch) |
| &nbsp;&nbsp;Size: | &nbsp;&nbsp;$400,000,000 (16,000,000 Depositary Shares) |
| &nbsp;&nbsp;Liquidation Preference: | &nbsp;&nbsp;$25 per Depositary Share (equivalent to $100,000 per share of Series H Preferred Stock) |
| &nbsp;&nbsp;Term: | &nbsp;&nbsp;Perpetual |
| &nbsp;&nbsp;Dividend Rate (Non-Cumulative): | &nbsp;&nbsp;6.750% per annum, only when, as and if declared |
| &nbsp;&nbsp;Dividend Payment Dates: | &nbsp;&nbsp;Quarterly in arrears on January 10, April 10, July 10 and October 10 of each year, commencing on July 10, 2026 |
| &nbsp;&nbsp;Day Count: | &nbsp;&nbsp;30/360 |
| &nbsp;&nbsp;Trade Date: | &nbsp;&nbsp;March 5, 2026 |
| &nbsp;&nbsp;Settlement Date\*\*: | &nbsp;&nbsp;March 12, 2026 (T+5) |
| &nbsp;&nbsp;Optional Redemption: | &nbsp;&nbsp;The Issuer may, at its option, redeem the Series H Preferred Stock (i) in whole or in part, from time to time, on any dividend payment date on or after April 10, 2031, or (ii) in whole, but not in part, at |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;any time within 90 days following a Regulatory Capital Event (as defined in the preliminary prospectus supplement dated March 5, 2026), at a redemption price equal to $100,000 per share of Series H Preferred Stock (equivalent to $25 per Depositary Share), plus any declared and unpaid dividends. |
| &nbsp;&nbsp;Listing: | &nbsp;&nbsp;Application will be made to list the Depositary Shares on the New York Stock Exchange under the symbol "FHN PrH". If the application is approved, trading of the Depositary Shares on the New York Stock Exchange is expected to commence within a 30-day period after the initial delivery of the Depositary Shares. |
| &nbsp;&nbsp;Public Offering Price: | &nbsp;&nbsp;$25.00 per Depositary Share |
| &nbsp;&nbsp;Underwriting Discount: | &nbsp;&nbsp;$0.4160 per Depositary Share<sup>1</sup> |
| &nbsp;&nbsp;Net Proceeds (before expenses) to Issuer: | &nbsp;&nbsp;$393344051.25 |
| &nbsp;&nbsp;Joint Book-Running Managers: | &nbsp;&nbsp; Morgan Stanley & Co. LLC<br> Citigroup Global Markets Inc.<br> J.P. Morgan Securities LLC<br> RBC Capital Markets, LLC<br> UBS Securities LLC |
| &nbsp;&nbsp;CUSIP/ISIN for the Depositary Shares: | &nbsp;&nbsp;320517 840 / US3205178409 |

---

**Change from Preliminary Prospectus Supplement**

In addition to the information set forth above, the final prospectus supplement will reflect the following change (and information in the preliminary prospectus supplement is deemed to have changed to the extent affected thereby):

**Over-Allotment Option**

The underwriters will not have an over-allotment option to purchase additional depositary shares.

_____________________________

\* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

\*\* The issuer expects that delivery of the Depositary Shares will be made against payment therefor on or about the fifth business day following the date of pricing of the Depositary Shares (this settlement cycle being referred to as "T+5"). Accordingly, purchasers who wish to trade the

Depositary Shares on the date of pricing will be required, by virtue of the fact that the Depositary Shares initially will settle in T+5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of the Depositary Shares who wish to trade their Depositary Shares on any day prior to one business day before the settlement date should consult their own advisors.

<sup>1</sup> Reflects 11,058,700 Depositary Shares sold to institutional investors, for which the underwriters received an underwriting discount of $0.2500 per Depositary Share, and 4,941,300 Depositary Shares sold to retail investors, for which the underwriters received an underwriting discount of $0.7875 per Depositary Share.

The Depositary Shares are not deposits or obligations of a bank and are not insured or guaranteed by the Federal Deposit Insurance Corporation or by any other government agency or instrumentality.

First Horizon Corporation has filed a registration statement (including a prospectus and preliminary prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read each of these documents and the other documents First Horizon Corporation has filed with the SEC and incorporated by reference in such documents for more complete information about First Horizon Corporation and this offering. You may get these documents for free by visiting EDGAR on the SEC website at <u>www.sec.gov</u>. Alternatively, you may obtain a copy of these documents by calling Morgan Stanley & Co. LLC toll-free at 1-866-718-1649, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, J.P. Morgan Securities LLC collect at 1-212-834-4533, RBC Capital Markets, LLC toll-free at 1-866-375-6829 or UBS Securities LLC toll-free at 1-833-481-0269.

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