FIRST COMMONWEALTH FINANCIAL CORP /PA/·4

Mar 12, 4:31 PM ET

Reske James R 4

4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

First Commonwealth (FCF) CFO James R. Reske Receives Stock Award

What Happened

  • James R. Reske, Chief Financial Officer of First Commonwealth Financial Corp (FCF), was granted 6,850 derivative shares in the form of service-based stock units (RSUs) on March 11, 2026. The grant is recorded as a derivative award (Form 4 code A); no per-share price or immediate cash value is reported because these are equity awards that vest over time.

Key Details

  • Transaction date: 2026-03-11; Form 4 filed 2026-03-12 (timely filing).
  • Transaction type: Award / Grant of RSUs (derivative), code A.
  • Shares/units granted: 6,850 RSUs; acquisition price/value: N/A on the Form 4.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes in the filing:
    • F1: 2024 award of service-based stock units convertible 1-for-1 after a 3-year vesting period.
    • F2: 2025 award of service-based stock units convertible 1-for-1 after a 3-year vesting period.
    • F3: 2026 award of service-based stock units convertible 1-for-1 after a 3-year vesting period (applies to this grant).
  • No indication of a sale or cashless transaction; these are long-term compensation awards (not immediate liquidity events).

Context

  • These RSUs typically convert into common shares on a 1-for-1 basis after a three-year service vesting period, so they do not represent immediate share purchases or sales. Such grants are common executive compensation and are not direct market signals of buying or selling.

Insider Transaction Report

Form 4
Period: 2026-03-11
Reske James R
EVP/Chief Financial Officer
Transactions
  • Award

    Restricted Stock Units-Service Based

    [F3]
    2026-03-11+6,85022,150 total
    Common Stock (6,850 underlying)
Holdings
  • Common Stock

    85,492
  • Restricted Stock Units-Service Based

    [F1]
    Common Stock (8,000 underlying)
    8,000
  • Restricted Stock Units-Service Based

    [F2]
    Common Stock (7,300 underlying)
    15,300
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.
Signature
/s/ Matthew C. Tomb POA for James R. Reske|2026-03-12

Documents

1 file
  • 4
    wk-form4_1773347476.xmlPrimary

    FORM 4