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First Commonwealth (FCF) CFO receives grant of 6,850 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Reske James R reported acquisition or exercise transactions in this Form 4 filing.

FIRST COMMONWEALTH FINANCIAL CORP (FCF) reported that EVP and Chief Financial Officer James R. Reske received a grant of 6,850 service-based restricted stock units on March 11, 2026. These units are convertible into common stock on a 1-for-1 basis after a three-year vesting period.

Following this grant, Reske holds 22,150 service-based restricted stock units of this type, additional service-based units linked to 8,000 and 7,300 underlying shares, and 85,492 shares of common stock directly. The filing also notes similar service-based awards made in 2024, 2025, and 2026, each vesting over three years.

Positive

  • None.

Negative

  • None.
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).
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 PA 15701

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 85,492 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) 03/11/2026 A 6,850 (3) (3) Common Stock 6,850 (3) 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:
/s/ Matthew C. Tomb POA for James R. Reske 03/12/2026
** 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.

FAQ

What insider transaction did FCF disclose for James R. Reske on this Form 4?

FCF disclosed that EVP and CFO James R. Reske received a grant of 6,850 service-based restricted stock units. These units are a form of equity compensation, not an open-market purchase or sale, and convert into common stock after they vest.

How many restricted stock units does FCF’s CFO hold after the latest grant?

After the latest grant, James R. Reske holds 22,150 service-based restricted stock units of the reported award type. The filing also shows additional service-based units tied to 8,000 and 7,300 underlying shares, giving him multiple unvested equity awards alongside his direct stock holdings.

What are the vesting terms of the FCF restricted stock units reported on this Form 4?

The restricted stock units are service-based awards that convert into FCF common stock on a 1-for-1 basis after a three-year vesting period. Footnotes indicate similar three-year vesting structures for service-based awards granted in 2024, 2025, and 2026 to the reporting executive.

Does the FCF Form 4 show any insider stock sales or open-market purchases?

The Form 4 does not report any open-market stock purchases or sales. It shows one acquisition of 6,850 service-based restricted stock units as a compensation grant, along with updated holding entries for existing restricted stock units and common stock positions held directly by the executive.

How many FCF common shares does the CFO hold directly according to this Form 4?

According to the Form 4, James R. Reske holds 85,492 shares of FCF common stock directly. This direct ownership is in addition to his service-based restricted stock unit awards, which will convert into common shares if and when their vesting conditions are satisfied.
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