First Commonwealth EVP reports initial share holdings
FIRST COMMONWEALTH FINANCIAL CORP executive Matthew T. Zuro filed an initial ownership report showing his holdings of the company’s common stock.
Accepted by SEC EDGAR
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Form Type
3
Rhea-AI Filing Summary
FIRST COMMONWEALTH FINANCIAL CORP executive Matthew T. Zuro filed an initial ownership report showing his holdings of the company’s common stock. He directly owns 50,096 shares and indirectly owns 650 shares through an IRA. The filing notes multiple restricted stock awards scheduled to vest between 2027 and 2029 under existing Restricted Stock Agreements.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Zuro Matthew T.
Role
EVP / Regional Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings:
Common Stock — 50,096 shares (Direct);
Common Stock — 650 shares (Indirect, IRA)
Footnotes (1)
- F1. Securities Beneficially Owned includes 4,000 shares of restricted stock which vest in a single installment on February 20, 2027; 15,000 shares of restricted stock which vest in a single installment on March 25, 2027; 4,000 shares of restricted stock which vest in a single installment on February 18, 2028; 15,000 shares of restricted stock which vest in equal installments on each of April 1, 2027, April 1, 2028 and April 1, 2029; and 4,500 shares of restricted stock which vest in a single installment on February 23, 2029, in each case subject to the terms of Restricted Stock Agreements entered into between the Issuer and the Reporting Person.
Key Figures
Direct common shares: 50,096 shares
Indirect IRA shares: 650 shares
Restricted stock vesting: 4,000 shares
+4 more
7 metrics
Direct common shares
50,096 shares
Directly owned common stock as of reported date
Indirect IRA shares
650 shares
Indirect ownership via IRA
Restricted stock vesting
4,000 shares
Vests in single installment on February 20, 2027
Restricted stock vesting
15,000 shares
Vests in single installment on March 25, 2027
Restricted stock vesting
4,000 shares
Vests in single installment on February 18, 2028
Installment restricted stock
15,000 shares
Vests in equal installments on April 1, 2027, 2028 and 2029
Restricted stock vesting
4,500 shares
Vests in single installment on February 23, 2029
Key Terms
Securities Beneficially Owned, restricted stock, Restricted Stock Agreements, IRA
4 terms
Securities Beneficially Owned financial
"Securities Beneficially Owned includes 4,000 shares of restricted stock..."
restricted stock financial
"shares of restricted stock which vest in a single installment..."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Restricted Stock Agreements financial
"subject to the terms of Restricted Stock Agreements entered into between the Issuer and the Reporting Person"
IRA financial
"nature_of_ownership": "IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing by FCF executive Matthew T. Zuro show?
The Form 3 shows Matthew T. Zuro’s initial beneficial ownership in First Commonwealth Financial common stock, including direct holdings, indirect IRA holdings, and several restricted stock awards that vest between 2027 and 2029 under Restricted Stock Agreements.
What indirect FCF holdings does Matthew T. Zuro report on this Form 3?
The Form 3 shows that Matthew T. Zuro indirectly owns 650 shares of First Commonwealth Financial common stock through an IRA. These shares are reported separately from his direct holdings, indicating ownership through a retirement account structure.
What restricted stock awards for FCF does Matthew T. Zuro hold?
The filing’s footnote lists several restricted stock awards: 4,000 shares vesting February 20, 2027; 15,000 vesting March 25, 2027; 4,000 vesting February 18, 2028; 15,000 vesting in three annual installments starting April 1, 2027; and 4,500 vesting February 23, 2029.
When will Matthew T. Zuro’s FCF restricted stock awards vest?
The awards vest on specific future dates: February 20, 2027; March 25, 2027; February 18, 2028; April 1, 2027, 2028 and 2029 for an installment grant; and February 23, 2029. Each vesting is governed by Restricted Stock Agreements with the company.
Does this FCF Form 3 show any stock purchases or sales by Matthew T. Zuro?
No purchases or sales are indicated. The entries are coded as holdings, and the transaction summary shows no buy or sell transactions, only two holding entries that describe his direct and indirect beneficial ownership positions in First Commonwealth Financial common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
