First Commonwealth EVP granted 6,500 RSUs
McCuen Michael P reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
McCuen Michael P reported acquisition or exercise transactions in this Form 4 filing.
FIRST COMMONWEALTH FINANCIAL CORP (FCF) executive Michael P. McCuen received a new equity award. On March 11, 2026, the EVP and Chief Banking Officer was granted 6,500 service-based restricted stock units, each convertible into one share of common stock after a three-year vesting period.
Following this grant, he directly holds 62,111 shares of common stock and 20,200 service-based restricted stock units, as reported. Footnotes also note separate restricted stock awards totaling 38,000 shares, with scheduled vesting in 2026 and 2027, subject to existing restricted stock agreements.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units-Service Based | 6,500 | $0.00 | $0.00 |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 1. Securities Beneficially Owned includes 8,000 shares of restricted stock which vest in a single installment on September 11, 2026 and 30,000 shares of restricted stock which vest in equal installments on each of July 1, 2026 and July 1, 2027, in each case subject to the terms of Restricted Stock Agreements entered into between the Issuer and the Reporting Person.
- F2. 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.
- F3. 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.
- F4. 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.
FAQ
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What did First Commonwealth Financial (FCF) executive Michael McCuen receive in this Form 4?
Were there any open-market buys or sells of First Commonwealth Financial (FCF) stock in this Form 4?
What are the key vesting terms for Michael McCuen’s restricted stock and units at First Commonwealth (FCF)?
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