First Commonwealth Financial (FCF) CFO discloses sale of 2,072 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Commonwealth Financial Corp EVP and CFO James R. Reske reported selling common stock under a pre-set trading plan. On February 5, 2026, he sold a total of 2,072 shares of FCF common stock in multiple open-market trades at prices ranging from $18.77 to $19.00, leaving 87,564 shares directly owned.
He also holds 8,000 service-based restricted stock units awarded in 2024 and 7,300 awarded in 2025, each convertible into FCF common stock on a 1-for-1 basis after a three-year vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,072 shares ($39,199)
Net Sell
10 txns
Insider
Reske James R
Role
EVP/Chief Financial Officer
Sold
2,072 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 180 | $18.77 | $3K |
| Sale | Common Stock | 260 | $18.895 | $5K |
| Sale | Common Stock | 100 | $18.92 | $2K |
| Sale | Common Stock | 932 | $18.93 | $18K |
| Sale | Common Stock | 100 | $18.935 | $2K |
| Sale | Common Stock | 300 | $18.945 | $6K |
| Sale | Common Stock | 100 | $18.96 | $2K |
| Sale | Common Stock | 100 | $19.00 | $2K |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
Holdings After Transaction:
Common Stock — 89,456 shares (Direct);
Restricted Stock Units-Service Based — 8,000 shares (Direct)
Footnotes (1)
- Award in 2024 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period. Award in 2025 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
FAQ
What insider transaction did FCF EVP/CFO James R. Reske report?
EVP and CFO James R. Reske reported selling FCF common stock. On February 5, 2026, he executed multiple open-market sales totaling 2,072 shares at prices between $18.77 and $19.00 per share under a pre-established trading plan.
At what prices did the FCF CFO sell his common stock on February 5, 2026?
The CFO sold FCF common stock at various prices between $18.77 and $19.00 per share. Individual trades included prices such as $18.77, $18.895, $18.92, $18.93, $18.935, $18.945, $18.96 and $19.00, reflecting several small open-market transactions.
Were the FCF insider stock sales made under a trading plan?
Yes. The sales were made pursuant to a trading plan adopted on March 20, 2025. Such plans typically pre-schedule trades, and the Form 4 notes that the February 5, 2026 transactions followed this existing trading plan for the CFO.
What restricted stock units does the FCF CFO currently hold?
James R. Reske holds service-based restricted stock units that convert into FCF common stock on a 1-for-1 basis. Awards include 8,000 units granted in 2024 and 7,300 units granted in 2025, each vesting after a three-year service-based vesting period.
Do the FCF restricted stock units convert into common stock, and on what terms?
Yes. The restricted stock units are convertible into FCF common stock on a 1-for-1 basis. Each award converts into shares at the end of a three-year service-based vesting period, as described for the 2024 and 2025 RSU grants reported in the filing.