STOCK TITAN

First Commonwealth Financial (FCF) CFO discloses sale of 2,072 shares

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Reske James R

(Last) (First) (Middle)
601 PHILADELPHIA STREET

(Street)
INDIANA PA 15701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRST COMMONWEALTH FINANCIAL CORP /PA/ [ FCF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP/Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/05/2026 S 180 D $18.77 89,456 D
Common Stock 02/05/2026 S 260 D $18.895 89,196 D
Common Stock 02/05/2026 S 100 D $18.92 89,096 D
Common Stock 02/05/2026 S 932 D $18.93 88,164 D
Common Stock 02/05/2026 S 100 D $18.935 88,064 D
Common Stock 02/05/2026 S 300 D $18.945 87,764 D
Common Stock 02/05/2026 S 100 D $18.96 87,664 D
Common Stock 02/05/2026 S 100 D $19 87,564 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units-Service Based (1) (1) (1) Common Stock 8,000 8,000 D
Restricted Stock Units-Service Based (2) (2) (2) Common Stock 7,300 15,300 D
Explanation of Responses:
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.
2. 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.
Remarks:
Sales made pursuant to trading plan adopted March 20, 2025
/s/ Matthew C. Tomb POA for James R. Reske 02/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many First Commonwealth Financial (FCF) shares does the CFO hold after the sale?

After the reported transactions, James R. Reske directly owns 87,564 shares of FCF common stock. This figure reflects his remaining direct holdings following the February 5, 2026 series of open-market sales disclosed in the Form 4 filing.

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.
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