First Commonwealth CFO sells 2,072 shares
FIRST COMMONWEALTH FINANCIAL CORP’s CFO reported pre-planned open-market sales of 2,072 common shares under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
FIRST COMMONWEALTH FINANCIAL CORP (FCF) reported that Executive Vice President and Chief Financial Officer James R. Reske sold a total of 2,072 shares of common stock on September 4, 2026 in multiple open-market transactions at prices between $21.16 and $21.31 per share. The company states these sales were made pursuant to a Rule 10b5-1 trading plan adopted on March 20, 2025. Reske also continues to hold service-based restricted stock unit awards from 2024, 2025, and 2026 that are each convertible into common shares on a 1-for-1 basis after a three-year vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,072 shares
Net Sell
20 txns
Insider
Reske James R
Role
EVP/Chief Financial Officer
Sold
2,072 shs ($44K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 70 | $21.16 | $1K |
| Sale | Common Stock | 100 | $21.17 | $2K |
| Sale | Common Stock | 100 | $21.19 | $2K |
| Sale | Common Stock | 80 | $21.20 | $2K |
| Sale | Common Stock | 100 | $21.225 | $2K |
| Sale | Common Stock | 100 | $21.235 | $2K |
| Sale | Common Stock | 100 | $21.24 | $2K |
| Sale | Common Stock | 112 | $21.245 | $2K |
| Sale | Common Stock | 100 | $21.25 | $2K |
| Sale | Common Stock | 340 | $21.255 | $7K |
| Sale | Common Stock | 170 | $21.26 | $4K |
| Sale | Common Stock | 100 | $21.265 | $2K |
| Sale | Common Stock | 120 | $21.275 | $3K |
| Sale | Common Stock | 70 | $21.285 | $1K |
| Sale | Common Stock | 160 | $21.295 | $3K |
| Sale | Common Stock | 160 | $21.30 | $3K |
| Sale | Common Stock | 90 | $21.305 | $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 — 73,060 shares (Direct);
Restricted Stock Units-Service Based — 45,450 contracts for 22,150 underlying 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
Common shares sold: 2,072 shares
Lowest sale price: $21.16 per share
Highest sale price: $21.31 per share
+4 more
7 metrics
Common shares sold
2,072 shares
Total common stock sold by the CFO on September 4, 2026
Lowest sale price
$21.16 per share
Lowest reported price for the September 4, 2026 sales
Highest sale price
$21.31 per share
Highest reported price for the September 4, 2026 sales
2024 service-based RSU underlying shares
8,000 shares
Convertible into common stock on a 1-for-1 basis after three-year vesting
2025 service-based RSU underlying shares
7,300 shares
Convertible into common stock on a 1-for-1 basis after three-year vesting
2026 service-based RSU underlying shares
6,850 shares
Convertible into common stock on a 1-for-1 basis after three-year vesting
Trading plan adoption date
March 20, 2025
Date the Rule 10b5-1 trading plan governing these sales was adopted
Key Terms
Rule 10b5-1 trading plan, service based stock units, vesting period
3 terms
Rule 10b5-1 trading plan regulatory
"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.
service based stock units financial
"Award in 2024 of service based stock units convertible into shares"
vesting period financial
"on a 1-for-1 basis 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.
FAQ
What insider transaction did FCF report for its CFO on September 4, 2026?
The filing reports that FCF’s Executive Vice President and Chief Financial Officer James R. Reske sold 2,072 shares of common stock on September 4, 2026 in a series of open-market transactions.
How many FCF restricted stock units from 2024 does the CFO hold?
The CFO holds a 2024 award of service-based stock units convertible into 8,000 shares of FCF common stock on a 1-for-1 basis at the end of a three-year vesting period.
What additional FCF restricted stock unit awards does the CFO have from 2025 and 2026?
The filing reports a 2025 award convertible into 7,300 shares and a 2026 award convertible into 6,850 shares of FCF common stock, each on a 1-for-1 basis after a three-year vesting period.
What role does the insider hold at FCF in this Form 4 filing?
The reporting insider, James R. Reske, is identified as FCF’s Executive Vice President and Chief Financial Officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
