First Commonwealth (FCF) awards 6,500 RSUs to Chief Banking Officer

Q: What did First Commonwealth Financial (FCF) executive Michael McCuen receive in this Form 4?

Michael P. McCuen, EVP and Chief Banking Officer at First Commonwealth Financial , received a grant of 6,500 service-based restricted stock units . These units convert into common shares on a 1-for-1 basis after a three-year vesting period, representing stock-based compensation rather than a market purchase.

Q: Were there any open-market buys or sells of First Commonwealth Financial (FCF) stock in this Form 4?

The filing shows no open-market purchases or sales of First Commonwealth common stock. The main reportable event is a grant of 6,500 service-based restricted stock units , classified as a compensation-related acquisition rather than a discretionary market trade in the company’s shares.

Q: What are the key vesting terms for Michael McCuen’s restricted stock and units at First Commonwealth (FCF)?

Footnotes state he has 8,000 restricted shares vesting in a single installment on September 11, 2026 and 30,000 restricted shares vesting in equal installments on July 1, 2026 and July 1, 2027 . Service-based stock units awarded from 2024–2026 each vest after three years.

Q: How do Michael McCuen’s service-based stock units in FCF convert into common shares?

The service-based stock units awarded in 2024, 2025, and 2026 convert into First Commonwealth common stock on a 1-for-1 basis at the end of their respective three-year vesting periods, assuming vesting conditions under the applicable Restricted Stock Unit Agreements are satisfied.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider McCuen Michael P

Role EVP/Chief Banking Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units-Service Based	6,500	$0.00	--
holding	Restricted Stock Units-Service Based	--	--	--
holding	Restricted Stock Units-Service Based	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units-Service Based — 20,200 shares (Direct); Common Stock — 62,111 shares (Direct)

Footnotes (1)

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. 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. 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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

03/12/2026 - 04:32 PM

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).

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^*

McCuen Michael P

(Last)

(First)

(Middle)

601 PHILADELPHIA STREET

(Street)

INDIANA

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 Banking Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								62,111⁽¹⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units-Service Based	⁽²⁾							⁽²⁾	⁽²⁾	Common Stock	6,800		6,800	D
Restricted Stock Units-Service Based	⁽³⁾							⁽³⁾	⁽³⁾	Common Stock	6,900		13,700	D
Restricted Stock Units-Service Based	⁽⁴⁾	03/11/2026		A		6,500		⁽⁴⁾	⁽⁴⁾	Common Stock	6,500	⁽⁴⁾	20,200	D

Explanation of Responses:

1. 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.

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.

4. 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.

Remarks:

	/s/ Matthew C. Tomb POA for Michael P. McCuen	03/12/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did First Commonwealth Financial (FCF) executive Michael McCuen receive in this Form 4?

Michael P. McCuen, EVP and Chief Banking Officer at First Commonwealth Financial, received a grant of 6,500 service-based restricted stock units. These units convert into common shares on a 1-for-1 basis after a three-year vesting period, representing stock-based compensation rather than a market purchase.

How many First Commonwealth Financial (FCF) shares does Michael McCuen hold after this filing?

After the reported transactions, Michael McCuen directly holds 62,111 shares of First Commonwealth common stock. In addition, he holds 20,200 service-based restricted stock units, which can convert into common shares upon vesting, increasing his potential future equity exposure to the company.

Were there any open-market buys or sells of First Commonwealth Financial (FCF) stock in this Form 4?

The filing shows no open-market purchases or sales of First Commonwealth common stock. The main reportable event is a grant of 6,500 service-based restricted stock units, classified as a compensation-related acquisition rather than a discretionary market trade in the company’s shares.

What are the key vesting terms for Michael McCuen’s restricted stock and units at First Commonwealth (FCF)?

Footnotes state he has 8,000 restricted shares vesting in a single installment on September 11, 2026 and 30,000 restricted shares vesting in equal installments on July 1, 2026 and July 1, 2027. Service-based stock units awarded from 2024–2026 each vest after three years.

How do Michael McCuen’s service-based stock units in FCF convert into common shares?

The service-based stock units awarded in 2024, 2025, and 2026 convert into First Commonwealth common stock on a 1-for-1 basis at the end of their respective three-year vesting periods, assuming vesting conditions under the applicable Restricted Stock Unit Agreements are satisfied.