FIRST COMMONWEALTH FINANCIAL CORP (FCF) executive Lee E. Lyon II, EVP / Chief Audit Executive, reported open-market sales of 25,000 shares of common stock on 2026-08-10 in multiple transactions at per-share prices around $21.46–$21.48, all held directly.
He also has a 2026 award of service-based restricted stock units convertible into 3,350 shares of FCF common stock on a 1-for-1 basis after a three-year vesting period.
First Commonwealth Financial Corp. director Jane Grebenc reported open-market sales of a total of 15,000 shares of common stock on 2026-08-06. The trades were executed in multiple blocks at per-share prices ranging from $21.67 to $21.735. The filing’s Rule 10b5-1 checkbox was not marked as an affirmatively adopted trading plan.
State Street Corporation reported a significant ownership position in First Commonwealth Financial Corp. common stock. State Street and its investment adviser subsidiaries beneficially owned 5,259,965 shares of common stock, representing 5.2% of the class as of June 30, 2026. State Street reported no sole voting or dispositive power, but shared voting power over 820,526 shares and shared dispositive power over all 5,259,965 shares, reflecting holdings primarily managed on behalf of clients by entities including SSGA Funds Management, Inc. and various State Street Global Advisors entities. The filing indicates no other person is known to have the right to receive more than 5% of dividends or sale proceeds from these securities.
First Commonwealth Financial Corp EVP/Chief Financial Officer James R. Reske reported selling 2,072 shares of common stock on August 5, 2026, in a series of open-market transactions at prices between $21.7800 and $21.9600 per share under a Rule 10b5-1 trading plan adopted March 20, 2025.
He continues to hold service-based restricted stock unit awards convertible into 8000.0000, 7300.0000, and 6850.0000 shares of common stock on a 1-for-1 basis after three-year vesting periods.
A shareholder of First Commonwealth Financial Corporation has filed to sell up to 15,000 shares of common stock. The planned sale, through TD Securities (USA) LLC on the NYSE, has an indicated aggregate value of about $329,250. The shares originate from awards issued on 02/05/2019 under the company’s 2016-2018 Long-Term Incentive Plan as equity compensation.
First Commonwealth Financial Corporation is the issuer for a planned sale of its common stock under a Form 144 filing by Lyon Lee E II. The filing covers up to 25,000 shares, with an aggregate market value of $538,250.00, to be sold through UBS Financial Services on the NYSE, with a proposed sale date of August 5, 2026.
The 25,000 shares were acquired on April 30, 2025 as part of the merger of CenterGroup Financial Inc. into First Commonwealth Financial Corporation, via an exchange of CenterGroup Financial shares. The filer also reports having sold 35,000 shares of First Commonwealth Financial Corporation on May 18, 2026 for proceeds of $644,054.34 during the past three months.
First Commonwealth Financial Corporation’s Board of Directors approved amendments to its by-laws on July 28, 2026. The changes update rules for shareholder meetings held solely via the Internet or other electronic communications, aligning them with the Pennsylvania Business Corporation Law.
Disclosure rules for advance notice of director nominations now require nominating shareholders to solicit proxies from holders representing at least 67% of the voting power entitled to vote on director elections, in line with Rule 14a-19 under the Exchange Act. Provisions on board vacancies now clarify that an appointed director serves until the next annual meeting and until a successor is elected and qualified, and references to “Chairman” are replaced with “Chair” throughout Article 10. An Amended and Restated version of the by-laws is included as Exhibit 3.1.
First Commonwealth Financial Corporation reported strong results for the quarter ended June 30, 2026. GAAP net income was $44.6 million, or $0.44 per diluted share, up from $37.5 million ($0.37) in the prior quarter and $33.4 million ($0.32) a year earlier. Core net income was $44.4 million, or $0.44 per share. Return on average assets reached 1.47%, return on average equity was 11.44%, and return on average tangible common equity was 15.71%.
Net interest income on a fully taxable-equivalent basis was $112.8 million, with net interest margin of 4.01%, up 9 basis points sequentially and 18 basis points year over year. Noninterest income was $27.0 million, while noninterest expense was $74.2 million, driving a core efficiency ratio of 52.24%, an improvement of 320 basis points from the prior quarter. The allowance for credit losses was 1.35% of loans. Nonperforming loans fell to $81.6 million, or 0.86% of loans, but net charge-offs increased to $11.4 million, or 0.49% of average loans.
Capital remained robust, with a total risk-based capital ratio of 15.1% and common equity Tier 1 of 12.6%. The company repurchased 645,695 shares at an average price of $18.66 in the quarter and the board authorized an additional $75.0 million share repurchase program. A quarterly cash dividend of $0.14 per share was declared, implying a 2.7% projected annual yield based on a $20.87 share price.
First Commonwealth Financial Corporation insider James R. Reske filed a notice of proposed sale of common stock under Form 144. The filing covers up to 15,217 shares of common stock, with an aggregate market value of $316,970.00, proposed to be sold on or after 08/05/2026 on the NYSE. These shares were issued as awards under the company’s 2015–2017 Long-Term Incentive Plan (6,216 shares, dated 01/31/2018) and 2014–2016 Long-Term Incentive Plan (9,001 shares, dated 02/27/2017), categorized as equity compensation. The filing also lists sales during the past three months, including three transactions of 2,072 shares each on 05/05/2026, 06/05/2026, and 07/06/2026, with total proceeds per transaction of $38,366.68, $39,225.24, and $42,484.51, respectively.
First Commonwealth Financial Corp. filed an amended initial ownership report for EVP / Regional Banking Matthew T. Zuro, adding a previously omitted holding of 4,750 service-based restricted stock units awarded in 2026. These units are convertible into common stock on a 1-for-1 basis at the end of a 3 year vesting period.