CFO trims stake with 2,072-share sale at FCF (NYSE: FCF)

Rhea-AI Filing Summary

First Commonwealth Financial EVP and CFO James R. Reske sold 2,072 shares of common stock in multiple open-market transactions on April 6, 2026, at prices between $17.8100 and $17.9050 per share. After these sales, he directly holds 83,420 shares of common stock. He also holds service-based restricted stock units from 2024, 2025, and 2026 awards that are convertible into 8,000, 7,300, and 6,850 shares of common stock, respectively, on a 1-for-1 basis after a three-year vesting period.

Insights

Equity analyst

CFO’s 2,072-share open-market sale is small relative to his remaining holdings.

EVP and CFO James R. Reske executed a series of open-market sales totaling 2,072 common shares of First Commonwealth Financial at prices around the high-$17 range. These are discretionary sales, not tax withholding or option exercises.

Following the transactions, he still directly holds 83,420 shares, indicating the sale represents only a minor portion of his visible stake. In addition, he maintains unvested, service-based restricted stock units covering 8,000, 7,300, and 6,850 underlying shares that vest after three years, showing continued long-term equity exposure.

Insider Trade Summary 10b5-1

Net Seller: 2,072 shares ($37,007)

Net Sell 16 txns

Insider Reske James R

Role EVP/Chief Financial Officer

Sold 2,072 shs ($37K)

Type	Security	Shares	Price	Value
Sale	Common Stock	99	$17.81	$2K
Sale	Common Stock	205	$17.815	$4K
Sale	Common Stock	100	$17.825	$2K
Sale	Common Stock	3	$17.845	$53.54
Sale	Common Stock	600	$17.85	$11K
Sale	Common Stock	200	$17.865	$4K
Sale	Common Stock	200	$17.87	$4K
Sale	Common Stock	77	$17.88	$1K
Sale	Common Stock	60	$17.885	$1K
Sale	Common Stock	210	$17.89	$4K
Sale	Common Stock	180	$17.895	$3K
Sale	Common Stock	48	$17.90	$859.20
Sale	Common Stock	90	$17.905	$2K
holding	Restricted Stock Units-Service Based	--	--	--
holding	Restricted Stock Units-Service Based	--	--	--
holding	Restricted Stock Units-Service Based	--	--	--

Holdings After Transaction: Common Stock — 85,393 shares (Direct); Restricted Stock Units-Service Based — 8,000 shares (Direct)

Footnotes (1)

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. 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

Shares sold: 2,072 shares Sale price range: $17.8100–$17.9050 per share Shares held after sale: 83,420 shares +3 more

6 metrics

Shares sold 2,072 shares Total open-market sales on April 6, 2026

Sale price range $17.8100–$17.9050 per share Prices for April 6, 2026 open-market trades

Shares held after sale 83,420 shares Common stock directly owned post-transaction

2024 RSU underlying shares 8,000 shares Service-based RSUs convertible 1-for-1 after 3-year vesting

2025 RSU underlying shares 7,300 shares Service-based RSUs convertible 1-for-1 after 3-year vesting

2026 RSU underlying shares 6,850 shares Service-based RSUs convertible 1-for-1 after 3-year vesting

Key Terms

open-market sale, Restricted Stock Units-Service Based, vesting period, 1-for-1 basis

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Restricted Stock Units-Service Based financial

"security_title": "Restricted Stock Units-Service Based""

vesting period financial

"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.

1-for-1 basis financial

"convertible into shares of FCF common stock on a 1-for-1 basis"

Form 4 Insider Transactions: What Each Field Means →

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).

X

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^*

Reske James R

(Last) (First) (Middle)

601 PHILADELPHIA STREET

(Street)

INDIANA PENNSYLVANIA 15701

(City) (State) (Zip)

UNITED STATES

(Country)

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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/06/2026		S		99	D	$17.81	85,393	D
Common Stock	04/06/2026		S		205	D	$17.815	85,188	D
Common Stock	04/06/2026		S		100	D	$17.825	85,088	D
Common Stock	04/06/2026		S		3	D	$17.845	85,085	D
Common Stock	04/06/2026		S		600	D	$17.85	84,485	D
Common Stock	04/06/2026		S		200	D	$17.865	84,285	D
Common Stock	04/06/2026		S		200	D	$17.87	84,085	D
Common Stock	04/06/2026		S		77	D	$17.88	84,008	D
Common Stock	04/06/2026		S		60	D	$17.885	83,948	D
Common Stock	04/06/2026		S		210	D	$17.89	83,738	D
Common Stock	04/06/2026		S		180	D	$17.895	83,558	D
Common Stock	04/06/2026		S		48	D	$17.9	83,510	D
Common Stock	04/06/2026		S		90	D	$17.905	83,420	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units-Service Based	(1)							(1)	(1)	Common Stock	8,000		8,000	D
Restricted Stock Units-Service Based	(2)							(2)	(2)	Common Stock	7,300		15,300	D
Restricted Stock Units-Service Based	(3)							(3)	(3)	Common Stock	6,850		22,150	D

Explanation of Responses:

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.

2. 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.

3. 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:

Sales made pursuant to trading plan adopted March 20, 2025

	/s/ Matthew C. Tomb POA for James R. Reske	04/07/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did FCF CFO James R. Reske report in this Form 4 filing?

He reported selling 2,072 shares of First Commonwealth Financial common stock in open-market transactions on April 6, 2026. The shares were sold at prices around the high-$17 range, and he retained a substantial remaining equity position afterward.

How many First Commonwealth Financial (FCF) shares does the CFO hold after the sale?

After the reported trades, CFO James R. Reske directly holds 83,420 shares of First Commonwealth Financial common stock. This figure reflects his position following the 2,072-share open-market sale disclosed for April 6, 2026.

At what prices did the FCF CFO sell his shares on April 6, 2026?

The Form 4 shows multiple small open-market sales at prices between $17.8100 and $17.9050 per share. These trades collectively totaled 2,072 shares of First Commonwealth Financial common stock sold on April 6, 2026.

Does the FCF CFO still have equity incentives after this Form 4 sale?

Yes. In addition to his direct holdings, he has service-based restricted stock unit awards from 2024, 2025, and 2026. These are convertible on a 1-for-1 basis into 8,000, 7,300, and 6,850 shares, respectively, after three-year vesting periods.

Is the 2,072-share sale by the FCF CFO a large portion of his stake?

The sale is relatively small compared to his remaining 83,420 directly held shares. The Form 4 also shows significant unvested restricted stock units, indicating that most of his disclosed equity exposure to First Commonwealth Financial remains intact after these transactions.