First Commonwealth (NYSE: FCF) EVP awarded 7,250 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST COMMONWEALTH FINANCIAL CORP executive Jane Grebenc, EVP/Chief Revenue Officer, reported receiving a grant of 7,250 service-based restricted stock units on March 11, 2026. These units convert into an equal number of common shares on a 1-for-1 basis after a three-year vesting period.
Following this award, she holds 24,000 service-based RSUs in total across awards from 2024, 2025, and 2026. The filing also shows 158,975 shares of common stock held directly after the reported transactions, indicating a substantial ongoing equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Grebenc Jane
Role
EVP/Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units-Service Based | 7,250 | $0.00 | -- |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units-Service Based — 24,000 shares (Direct);
Common Stock — 158,975 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. 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.
FAQ
What did Jane Grebenc report in this Form 4 for FCF?
Jane Grebenc reported a grant of 7,250 service-based restricted stock units. These units are a form of equity compensation that will convert into First Commonwealth common shares on a 1-for-1 basis after a three-year vesting period, aligning her interests with shareholders.
How many restricted stock units does Jane Grebenc now hold in FCF?
After the latest grant, Jane Grebenc holds 24,000 service-based restricted stock units. This total reflects awards received in 2024, 2025, and 2026, each designed to vest over three years and convert into an equal number of First Commonwealth common shares.
What are the vesting terms of Jane Grebenc’s FCF restricted stock units?
Each award of service-based restricted stock units vests over three years. At the end of the three-year vesting period, the units convert into First Commonwealth Financial common stock on a 1-for-1 basis, providing long-term, performance-linked compensation.
Did Jane Grebenc buy or sell FCF common stock in this Form 4?
The filing shows a grant of 7,250 restricted stock units, not an open-market stock purchase or sale. Other entries update post-transaction holdings, including 158,975 common shares held directly, but do not record additional buy or sell transactions.
What types of equity awards has Jane Grebenc received from FCF?
She has received service-based restricted stock unit awards in 2024, 2025, and 2026. Each award is denominated in units that are convertible into First Commonwealth common stock on a 1-for-1 basis after a three-year vesting period, as described in the filing footnotes.