STOCK TITAN

First Commonwealth (FCF) CFO reports stock sales and 22,300 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

First Commonwealth Financial Corp. executive vice president and chief financial officer James R. Reske reported open-market sales of company stock. On 01/05/2026, he sold a total of 2,072 shares of common stock in multiple transactions at prices ranging from $16.58 to $16.98 per share. After these trades, he directly owns 80,311 shares of common stock.

He also holds service-based restricted stock units granted in 2023, 2024, and 2025, which are convertible into a total of 22,300 shares of First Commonwealth common stock on a 1-for-1 basis after three-year vesting periods. The sales were made under a trading plan adopted on March 20, 2025.

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)
01/05/2026
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 01/05/2026 S 81 D $16.58 82,302 D
Common Stock 01/05/2026 S 22 D $16.61 82,280 D
Common Stock 01/05/2026 S 944 D $16.62 81,336 D
Common Stock 01/05/2026 S 73 D $16.72 81,263 D
Common Stock 01/05/2026 S 146 D $16.81 81,117 D
Common Stock 01/05/2026 S 125 D $16.815 80,992 D
Common Stock 01/05/2026 S 87 D $16.82 80,905 D
Common Stock 01/05/2026 S 65 D $16.83 80,840 D
Common Stock 01/05/2026 S 73 D $16.84 80,767 D
Common Stock 01/05/2026 S 10 D $16.845 80,757 D
Common Stock 01/05/2026 S 73 D $16.9 80,684 D
Common Stock 01/05/2026 S 73 D $16.93 80,611 D
Common Stock 01/05/2026 S 81 D $16.95 80,530 D
Common Stock 01/05/2026 S 73 D $16.96 80,457 D
Common Stock 01/05/2026 S 146 D $16.98 80,311 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 7,000 7,000 D
Restricted Stock Units-Service Based (2) (2) (2) Common Stock 8,000 15,000 D
Restricted Stock Units-Service Based (3) (3) (3) Common Stock 7,300 22,300 D
Explanation of Responses:
1. Award in 2023 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 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.
3. 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 01/06/2026
** 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 First Commonwealth Financial (FCF) report?

The EVP and chief financial officer, James R. Reske, reported multiple open-market sales of First Commonwealth Financial common stock on 01/05/2026.

How many First Commonwealth Financial (FCF) shares did the CFO sell and at what prices?

On 01/05/2026, the CFO sold a total of 2,072 shares of common stock in a series of small trades at prices between $16.58 and $16.98 per share.

How many First Commonwealth Financial (FCF) shares does the CFO own after the reported sales?

Following the reported transactions, the CFO directly owns 80,311 shares of First Commonwealth Financial common stock.

What restricted stock units does the First Commonwealth Financial (FCF) CFO hold?

The CFO holds service-based restricted stock units awarded in 2023, 2024, and 2025, which are convertible on a 1-for-1 basis into a total of 22,300 shares of FCF common stock after three-year vesting periods.

Were the First Commonwealth Financial (FCF) insider sales under a 10b5-1 trading plan?

Yes. The filing notes that the sales were made pursuant to a trading plan adopted on March 20, 2025, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

What is the role of the reporting person in First Commonwealth Financial (FCF)?

The reporting person, James R. Reske, is an officer of First Commonwealth Financial Corp., serving as EVP/Chief Financial Officer.

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