First Commonwealth (FCF) CFO sells 2,072 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Commonwealth Financial Corp. EVP and CFO James R. Reske reported open-market sales of a total of 2,072 shares of common stock on July 6, 2026, at prices between $20.44 and $20.57 per share. After these trades, he directly holds 79,176 shares of common stock.
Reske also holds service-based restricted stock units granted in 2024, 2025 and 2026, covering 6,850, 7,300 and 8,000 underlying common shares, respectively. Each RSU award converts into common stock 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 ($42,485)
Net Sell
21 txns
Insider
Reske James R
Role
EVP/Chief Financial Officer
Sold
2,072 shs ($42K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 100 | $20.44 | $2K |
| Sale | Common Stock | 250 | $20.445 | $5K |
| Sale | Common Stock | 60 | $20.45 | $1K |
| Sale | Common Stock | 50 | $20.455 | $1K |
| Sale | Common Stock | 60 | $20.465 | $1K |
| Sale | Common Stock | 40 | $20.475 | $819.00 |
| Sale | Common Stock | 32 | $20.48 | $655.36 |
| Sale | Common Stock | 50 | $20.485 | $1K |
| Sale | Common Stock | 180 | $20.49 | $4K |
| Sale | Common Stock | 190 | $20.495 | $4K |
| Sale | Common Stock | 90 | $20.515 | $2K |
| Sale | Common Stock | 90 | $20.52 | $2K |
| Sale | Common Stock | 280 | $20.53 | $6K |
| Sale | Common Stock | 220 | $20.535 | $5K |
| Sale | Common Stock | 100 | $20.54 | $2K |
| Sale | Common Stock | 70 | $20.55 | $1K |
| Sale | Common Stock | 70 | $20.56 | $1K |
| Sale | Common Stock | 140 | $20.57 | $3K |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
Holdings After Transaction:
Common Stock — 79,176 shares (Direct, null);
Restricted Stock Units-Service Based — 8,000 shares (Direct, null)
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. 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 prices: $20.44–$20.57 per share
Shares held after: 79,176 shares
+3 more
6 metrics
Shares sold
2,072 shares
Total open-market sales on July 6, 2026
Sale prices
$20.44–$20.57 per share
Range of reported open-market sale prices
Shares held after
79,176 shares
Direct common stock ownership after transactions
2024 RSU underlying shares
6,850 shares
Service-based RSU award convertible 1-for-1 after 3 years
2025 RSU underlying shares
7,300 shares
Service-based RSU award convertible 1-for-1 after 3 years
2026 RSU underlying shares
8,000 shares
Service-based RSU award convertible 1-for-1 after 3 years
Key Terms
Restricted Stock Units-Service Based, open-market sale, vesting period, Form 4
4 terms
Restricted Stock Units-Service Based financial
"security_title: "Restricted Stock Units-Service Based""
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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did FCF CFO James R. Reske report in this Form 4?
He reported open-market sales of 2,072 shares of First Commonwealth Financial common stock on July 6, 2026, at prices around $20.45–$20.57 per share, and updated his remaining direct holdings and restricted stock unit positions.
What restricted stock units does the FCF CFO currently hold?
He holds service-based restricted stock units from 2024, 2025 and 2026 covering 6,850, 7,300 and 8,000 underlying common shares, respectively. Each award converts into FCF common stock on a 1-for-1 basis following a three-year vesting period.