First Commonwealth Financial (FCF) CFO trades stock under 10b5-1 plan, holds RSUs
Rhea-AI Filing Summary
First Commonwealth Financial Corp EVP/Chief Financial Officer James R. Reske reported selling 2,072 shares of common stock on August 5, 2026, in a series of open-market transactions at prices between $21.7800 and $21.9600 per share under a Rule 10b5-1 trading plan adopted March 20, 2025.
He continues to hold service-based restricted stock unit awards convertible into 8000.0000, 7300.0000, and 6850.0000 shares of common stock on a 1-for-1 basis after three-year vesting periods.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,072 shares
Net Sell
15 txns
Insider
Reske James R
Role
EVP/Chief Financial Officer
Sold
2,072 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 90 | $21.78 | $2K |
| Sale | Common Stock | 200 | $21.785 | $4K |
| Sale | Common Stock | 100 | $21.81 | $2K |
| Sale | Common Stock | 90 | $21.82 | $2K |
| Sale | Common Stock | 200 | $21.83 | $4K |
| Sale | Common Stock | 500 | $21.84 | $11K |
| Sale | Common Stock | 312 | $21.86 | $7K |
| Sale | Common Stock | 112 | $21.865 | $2K |
| Sale | Common Stock | 69 | $21.87 | $2K |
| Sale | Common Stock | 109 | $21.89 | $2K |
| Sale | Common Stock | 200 | $21.91 | $4K |
| Sale | Common Stock | 90 | $21.96 | $2K |
| holding | Restricted Stock Units-Service Based F1 | -- | -- | -- |
| holding | Restricted Stock Units-Service Based F2 | -- | -- | -- |
| holding | Restricted Stock Units-Service Based F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 75,132 shares (Direct);
Restricted Stock Units-Service Based — 22,150 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. Award in 2026 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.
Key Figures
Shares sold: 2072 shares
Sale price low: $21.7800 per share
Sale price high: $21.9600 per share
+3 more
6 metrics
Shares sold
2072 shares
Total common shares sold by James R. Reske on August 5, 2026
Sale price low
$21.7800 per share
Lowest reported sale price for the August 5, 2026 transactions
Sale price high
$21.9600 per share
Highest reported sale price for the August 5, 2026 transactions
2024 RSU award underlying shares
8000.0000 shares
Service-based RSUs awarded in 2024, convertible 1-for-1 after a 3-year vesting period
2025 RSU award underlying shares
7300.0000 shares
Service-based RSUs awarded in 2025, convertible 1-for-1 after a 3-year vesting period
2026 RSU award underlying shares
6850.0000 shares
Service-based RSUs awarded in 2026, convertible 1-for-1 after a 3-year vesting period
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units-Service Based, vesting period
3 terms
Rule 10b5-1 trading plan financial
"Sales made pursuant to trading plan adopted March 20, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units-Service Based financial
"Security title Restricted Stock Units-Service Based appears in the holdings table"
vesting period financial
"Convertible into shares of FCF common stock at the end of a 3 year vesting period"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sale did First Commonwealth Financial (FCF) report?
James R. Reske, EVP/Chief Financial Officer of First Commonwealth Financial, sold 2,072 shares of common stock on August 5, 2026, through multiple open-market transactions priced between $21.7800 and $21.9600 per share under a pre-arranged Rule 10b5-1 trading plan already in place.
Was the FCF insider sale by James R. Reske under a Rule 10b5-1 plan?
Yes. The reported sales were made pursuant to a trading plan adopted March 20, 2025 and identified as a Rule 10b5-1 arrangement. Such plans pre-schedule trades, which can reduce the informational value of the transaction timing for outside investors.
What restricted stock unit (RSU) awards does FCF’s CFO still hold?
James R. Reske continues to hold service-based RSU awards convertible 1-for-1 into 8000.0000, 7300.0000, and 6850.0000 FCF common shares. Footnotes state these were awarded in 2024, 2025, and 2026 respectively, each vesting after a three-year period.
What type of securities were involved in the FCF Form 4 filing for James R. Reske?
The Form 4 reports non-derivative common stock sales totaling 2,072 shares and derivative holdings consisting of service-based restricted stock units. The RSUs are each convertible into FCF common stock on a 1-for-1 basis after specified three-year vesting periods.