Tomb Matthew C 4

What Happened

• Matthew C. Tomb, EVP and Chief Risk Officer of First Commonwealth Financial (FCF), received an award/settlement of 18,300 shares on January 27, 2026 (reported on Form 4 filed Jan 28, 2026). The shares were issued at $0.00 per share as the settlement of performance- and service-based restricted stock units under the company's 2023–2025 Long-Term Incentive Plan.
• The same filing reports 10,620 shares were disposed (code F) with $0.00 value — these shares were held by the issuer to satisfy tax withholding obligations. The filing also reports a conversion/exercise of 6,100 derivative units (code M) at $0.00; footnotes indicate these reflect service-based stock units converting to common stock after vesting.

Key Details

• Transaction date: January 27, 2026; Form 4 filed January 28, 2026 (timely filing).
• Reported transactions: A (award/acquisition) 18,300 shares @ $0.00; F (tax withholding) 10,620 shares @ $0.00; M (conversion/exercise of derivative) 6,100 shares @ $0.00.
• Footnotes: Shares issued as settlement of performance/service RSUs (F1); 10,620 shares withheld by issuer for tax obligations (F2); F3–F5 note service-based stock unit awards from 2023–2025 that convert 1-for-1 after multi-year vesting.
• Shares owned after the transactions are not specified in the provided excerpt of the filing.

Context

• This is an award/settlement of restricted stock units (not an open-market buy) and includes tax-withholding by the issuer — a routine compensation-related transaction rather than an independent purchase or sale.
• The M-code conversion indicates vested stock units were converted into common shares; the F-code indicates a cashless/tax-withholding mechanism where the company retained shares to cover taxes. These actions are common when RSUs vest and do not by themselves signal a buy/sell decision by the insider.