Reske James R 4

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.