Grebenc Jane 4
4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
First Commonwealth (FCF) EVP Jane Grebenc Sells 7,402 Shares
What Happened Jane Grebenc, EVP/Chief Revenue Officer and director of First Commonwealth Financial Corp. (FCF), reported two sales on February 5, 2026: 5,000 shares at $18.70 (reported $93,506) and 2,402 shares at $18.90 (reported $45,399), for a combined 7,402 shares and total proceeds of about $138,905. These were reported as sales (dispositions), not purchases.
Key Details
- Transaction dates and prices: Feb 5, 2026 — 5,000 shares @ $18.70; 2,402 shares @ $18.90.
- Total reported proceeds: $138,905 (sum of $93,506 and $45,399).
- Transaction type: S (sale) — filing lists “open market or private sale.”
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 = 2024 award of service-based stock units convertible 1-for-1 after a 3-year vesting period; F2 = 2025 award with same 1-for-1 conversion after 3 years.
- Filing timeliness: Report filed Feb 6, 2026 for Feb 5 transactions (timely filing within one business day).
Context These reports show insider disposals rather than purchases. Sales can be routine (for liquidity, diversification, tax or other personal reasons) and do not, by themselves, indicate the insider’s view of the company’s prospects. The filing does not state whether the sold shares came from previously vested awards, open-market holdings, or another source.
Insider Transaction Report
- Sale
Common Stock
2026-02-05$18.70/sh−5,000$93,506→ 179,975 total - Sale
Common Stock
2026-02-05$18.90/sh−2,402$45,399→ 177,573 total
- 8,750
Restricted Stock Units-Service Based
[F1]→ Common Stock (8,750 underlying) - 16,750
Restricted Stock Units-Service Based
[F2]→ Common Stock (8,000 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.