[Form 4] FIRST COMMONWEALTH FINANCIAL CORP /PA/ Insider Trading Activity
Rhea-AI Filing Summary
First Commonwealth Financial Corp. (FCF) executive vice president and Chief Banking Officer Michael P. McCuen reported an open-market purchase of company stock. On 11/21/2025, he bought 3,090 shares of FCF common stock at a price of $16.19 per share, increasing his directly held position to 62,111 shares.
The filing also notes equity awards that vest over time. Securities beneficially owned include 8,000 shares of restricted stock that vest in a single installment on September 11, 2026, and 30,000 shares of restricted stock that vest in equal installments on July 1, 2026 and July 1, 2027, subject to Restricted Stock Agreements. In addition, he holds service-based restricted stock units awarded in 2024 and 2025 that are convertible into FCF common stock on a 1-for-1 basis after a three-year vesting period.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,090 | $16.19 | $50K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
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