EVP Jane Grebenc trims stake in First Commonwealth (FCF)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Commonwealth Financial Corp. executive Jane Grebenc reported open‑market sales of company stock. On February 6, 2026, she sold 5,000 shares at $18.8567, another 5,000 shares at $18.8473, and 8,598 shares at $18.8516, all as common stock sales.
Following these transactions, Grebenc directly beneficially owned 158,975 common shares. She also held service‑based restricted stock units from 2024 and 2025 awards covering 8,750 and 8,000 underlying shares, respectively, each convertible into common stock on a 1‑for‑1 basis after a three‑year vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,598 shares ($350,606)
Net Sell
5 txns
Insider
Grebenc Jane
Role
EVP/Chief Revenue Officer
Sold
18,598 shs ($351K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $18.8567 | $94K |
| Sale | Common Stock | 5,000 | $18.8473 | $94K |
| Sale | Common Stock | 8,598 | $18.8516 | $162K |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
Holdings After Transaction:
Common Stock — 172,573 shares (Direct);
Restricted Stock Units-Service Based — 8,750 shares (Direct)
Footnotes (1)
- 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.
FAQ
What insider transaction did FCF executive Jane Grebenc report?
Jane Grebenc reported selling First Commonwealth Financial Corp. common stock in three open‑market transactions on February 6, 2026. She sold 5,000 shares at $18.8567, 5,000 shares at $18.8473, and 8,598 shares at $18.8516, as disclosed in the Form 4 filing.
What is Jane Grebenc’s role at First Commonwealth Financial Corp. (FCF)?
Jane Grebenc is identified as both a director and an officer of First Commonwealth Financial Corp. She holds the title of Executive Vice President and Chief Revenue Officer, reflecting a senior leadership role within the company in addition to her board position.
What restricted stock units does Jane Grebenc hold in FCF?
Grebenc holds service‑based restricted stock units awarded in 2024 and 2025. These units cover 8,750 and 8,000 underlying shares, respectively, and each grant converts into FCF common stock on a 1‑for‑1 basis after a three‑year vesting period.
How do Jane Grebenc’s FCF restricted stock units vest and convert?
The restricted stock units awarded to Grebenc in 2024 and 2025 vest over three years. At the end of each three‑year vesting period, the service‑based units are convertible into shares of First Commonwealth common stock on a one‑for‑one basis, according to the disclosure.