FIRST COMMONWEALTH FINANCIAL CORP /PA/·4

May 1, 3:08 PM ET

CHARLEY RAY T 4

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First Commonwealth Director Charley Ray Receives 2,790-Share Award

What Happened Charley Ray, a director of First Commonwealth Financial Corp (FCF), was issued 2,790 shares on 2026-05-01 as an award/acquisition (reported code A). The shares were valued at $18.41 each, for a total grant value of $51,364. This issuance was compensation (a director retainer) rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-01; Filing date / Period of Report: 2026-05-01 (appears timely).
  • Shares issued: 2,790 at $18.41 per share; total value $51,364.
  • Transaction type: Award/Acquisition (compensation for director services), not a buy or sale indicating market sentiment.
  • Ownership after transaction: Not specified in the provided excerpt. Footnote notes that reported holdings include 18,000 shares held in a family trust of which Mr. Ray is trustee.
  • Footnotes: F1 — shares issued as payment of director retainer under the Director Retainer Plan, based on FCF NYSE closing price on 2026-04-30. F2 — includes 18,000 shares held in a family trust.
  • No options exercised, no 10b5-1 plan or tax-withholding details disclosed in this filing.

Context Director awards like this are routine compensation and do not necessarily signal the director buying or selling stock based on company performance. The grant value (~$51K) is modest and reflects payment for board service rather than a market-driven investment decision.