Reske James R 4
4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
First Commonwealth (FCF) CFO James Reske Sells 2,072 Shares
What Happened James R. Reske, Chief Financial Officer of First Commonwealth Financial Corp (ticker: FCF), sold a total of 2,072 shares in multiple open-market transactions on March 5, 2026. The sales totaled approximately $36,436 and were executed in 22 separate trades at prices ranging from $17.48 to $17.71. These were sales (not purchases) and were reported as being made pursuant to a trading plan adopted March 20, 2025.
Key Details
- Transaction date: March 5, 2026 (reported March 6, 2026).
- Total shares sold: 2,072 across 22 trades.
- Price range: $17.48 – $17.71 per share; total proceeds ≈ $36,436.
- Reason/plan: Sales made pursuant to a trading plan adopted March 20, 2025 (per filing remarks).
- Footnotes: F1 and F2 note service-based stock unit awards (2024 and 2025) that convert 1-for-1 into shares after a 3-year vesting period.
- Shares owned after transaction: Not specified in the supplied filing excerpt.
- Filing timeliness: Report filed the next day (appears timely); no late-filing flag indicated.
Context
- These are open-market sales and, because they were executed under a pre-established trading plan, they are often routine disposals rather than an immediate expression of market view. For retail investors, purchases tend to be more informative of insider confidence; sales like these are common for diversification or tax-planning reasons.
Insider Transaction Report
- Sale
Common Stock
2026-03-05$17.48/sh−100$1,748→ 87,464 total - Sale
Common Stock
2026-03-05$17.50/sh−3$53→ 87,461 total - Sale
Common Stock
2026-03-05$17.50/sh−231$4,044→ 87,230 total - Sale
Common Stock
2026-03-05$17.52/sh−100$1,752→ 87,130 total - Sale
Common Stock
2026-03-05$17.52/sh−190$3,329→ 86,940 total - Sale
Common Stock
2026-03-05$17.53/sh−90$1,578→ 86,850 total - Sale
Common Stock
2026-03-05$17.54/sh−100$1,754→ 86,750 total - Sale
Common Stock
2026-03-05$17.54/sh−100$1,754→ 86,650 total - Sale
Common Stock
2026-03-05$17.55/sh−100$1,755→ 86,550 total - Sale
Common Stock
2026-03-05$17.57/sh−59$1,037→ 86,491 total - Sale
Common Stock
2026-03-05$17.57/sh−201$3,533→ 86,290 total - Sale
Common Stock
2026-03-05$17.59/sh−40$703→ 86,250 total - Sale
Common Stock
2026-03-05$17.59/sh−100$1,759→ 86,150 total - Sale
Common Stock
2026-03-05$17.61/sh−3$53→ 86,147 total - Sale
Common Stock
2026-03-05$17.65/sh−5$88→ 86,142 total - Sale
Common Stock
2026-03-05$17.66/sh−100$1,766→ 86,042 total - Sale
Common Stock
2026-03-05$17.66/sh−80$1,413→ 85,962 total - Sale
Common Stock
2026-03-05$17.68/sh−100$1,768→ 85,862 total - Sale
Common Stock
2026-03-05$17.69/sh−90$1,592→ 85,772 total - Sale
Common Stock
2026-03-05$17.70/sh−90$1,593→ 85,682 total - Sale
Common Stock
2026-03-05$17.70/sh−100$1,770→ 85,582 total - Sale
Common Stock
2026-03-05$17.71/sh−90$1,594→ 85,492 total
- 8,000
Restricted Stock Units-Service Based
[F1]→ Common Stock (8,000 underlying) - 15,300
Restricted Stock Units-Service Based
[F2]→ Common Stock (7,300 underlying)
Footnotes (2)
- [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.