Reske James R 4

What Happened

• James R. Reske, Chief Financial Officer of First Commonwealth Financial Corp. (FCF), sold a total of 2,072 shares in open-market transactions on June 5, 2026, generating approximately $39,225 in gross proceeds.
• The sales were executed in multiple lots at prices ranging from $18.87 to $19.02 per share (individual lot proceeds reported between $19 and $11,509). These are cash sales (S = sale) and typically represent routine dispositions rather than new purchases.

Key Details

• Transaction date: 2026-06-05; filing date: 2026-06-08 (timely — within the Form 4 reporting window).
• Price range: $18.87–$19.02 per share; total shares sold: 2,072; total reported proceeds: ~$39,225.
• Shares owned after the transaction: Not disclosed in the provided filing excerpt.
• Footnotes: F1–F3 note service-based stock unit awards granted in 2024, 2025, and 2026 that convert 1-for-1 into common shares after a 3-year vesting period.
• Remarks: Sales were made pursuant to a trading plan adopted March 20, 2025 (as noted in the filing).

Context

• These transactions are sales (often routine) and were executed under a pre-established trading plan; such plans are commonly used to schedule trades in advance. The filing does not provide a reason for the sales, and footnotes indicate existing stock-unit awards with multi-year vesting schedules.