Tomb Matthew C 4

What Happened Matthew C. Tomb, EVP and Chief Risk Officer of First Commonwealth Financial Corp (FCF), was granted 5,350 service-based stock units on 2026-03-11. The award is reported as a derivative grant (transaction code A); no per-share price or immediate cash value is listed in the filing. This is a compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-03-11 (Form 4 filed 2026-03-12 — timely).
• Transaction type/code: Grant/Award (A); derivative security (restricted stock units/stock units).
• Amount: 5,350 stock units; Price: N/A (award).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes:
  • F3: This 2026 award is a service-based stock unit convertible 1-for-1 into FCF common stock at the end of a 3-year vesting period.
  • F1/F2 (also on the filing) describe similar service-based awards granted in 2024 and 2025 with 3-year vesting.
• Filing timeliness: Reported the day after the transaction date (appears timely).

Context These stock units are standard long-term compensation that convert into common shares (1-for-1) only after satisfying a three-year service vesting period. Such awards align executive compensation with shareholder value but are not the same signal as an insider buying shares on the open market. They do not indicate an immediate purchase or sale decision by the insider.