First Commonwealth CFO sells 2,072 shares
First Commonwealth Financial EVP/Chief Financial Officer James R. Reske sold 2,072 shares of common stock on July 6, 2026 in multiple open-market transactions at prices between $20.44 and $20.57 per share under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
First Commonwealth Financial EVP/Chief Financial Officer James R. Reske sold 2,072 shares of common stock on July 6, 2026 in multiple open-market transactions at prices between $20.44 and $20.57 per share under a Rule 10b5-1 trading plan. He also holds service-based restricted stock units awarded in 2024, 2025 and 2026 that are convertible 1-for-1 into 8,000, 7,300 and 6,850 shares of common stock after 3-year vesting periods.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,072 shares
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 — 77,204 shares (Direct);
Restricted Stock Units-Service Based — 22,150 contracts (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
Shares sold: 2,072 shares
Lowest sale price: $20.44 per share
Highest sale price: $20.57 per share
+3 more
6 metrics
Shares sold
2,072 shares
Total common shares sold on 2026-07-06 by CFO James R. Reske
Lowest sale price
$20.44 per share
Lowest reported price among the July 6, 2026 open-market sales
Highest sale price
$20.57 per share
Highest reported price among the July 6, 2026 open-market sales
2024 RSU underlying shares
8,000 shares
Service-based RSUs awarded in 2024, convertible 1-for-1 after a 3-year vesting period
2025 RSU underlying shares
7,300 shares
Service-based RSUs awarded in 2025, convertible 1-for-1 after a 3-year vesting period
2026 RSU underlying shares
6,850 shares
Service-based RSUs awarded in 2026, convertible 1-for-1 after a 3-year vesting period
Key Terms
Restricted Stock Units-Service Based, Rule 10b5-1, vesting period
3 terms
Restricted Stock Units-Service Based financial
"Award in 2024 of service based stock units convertible into shares of FCF common stock"
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
vesting period financial
"convertible into shares of FCF common stock 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did First Commonwealth (FCF) report for James R. Reske?
First Commonwealth reported that CFO James R. Reske sold 2,072 shares of common stock on July 6, 2026. The sales were executed in multiple open-market trades at prices between $20.44 and $20.57 per share under a Rule 10b5-1 trading plan.
Were James R. Reske’s FCF stock sales made under a Rule 10b5-1 plan?
Yes. The filing’s Rule 10b5-1 checkbox is marked true, indicating the reported transactions were effected under a Rule 10b5-1 trading plan. Such plans pre-establish trading instructions, which can reduce the informational value of the timing of the disclosed sales.
What restricted stock unit awards linked to FCF stock does James R. Reske hold?
James R. Reske holds service-based restricted stock units convertible 1-for-1 into 8,000, 7,300 and 6,850 shares of First Commonwealth common stock. Footnotes state these awards were granted in 2024, 2025 and 2026 and vest after three-year periods.
What type of securities did James R. Reske sell in the latest FCF Form 4?
The reported transactions involved Common Stock of First Commonwealth Financial. All 2,072 shares sold on July 6, 2026 were classified as non-derivative securities and executed as open-market or private sale transactions, according to the transaction code and descriptions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
