4Filed Aug 9, 8:00 PM ET
First Commonwealth (FCF) Director Jane Grebenc Sells 15,000 Shares
$FCF · FIRST COMMONWEALTH FINANCIAL CORP /PA/Research Summary
AI-generated summary of this SEC filing
First Commonwealth (FCF) Director Jane Grebenc Sells 15,000 Shares
What Happened
- Jane Grebenc, a director of First Commonwealth Financial Corp (FCF), sold a total of 15,000 shares in open-market/private sales on August 6, 2026 for aggregate proceeds of about $325,454.
- The sales were executed in five lots: 3,300 shares at $21.67 ($71,511); 9,746 shares at $21.70 ($211,488); 302 shares at $21.70 ($6,555); 1,342 shares at $21.73 ($29,162); and 310 shares at $21.73 ($6,738). Transaction code: S (sale).
- This was a sale (not a purchase or option exercise). Sales by insiders are often routine (cash needs, diversification, tax), and do not by themselves indicate a change in company outlook.
Key Details
- Transaction date: August 6, 2026. Filing date: August 10, 2026 (filed 4 days after the trades).
- Prices: $21.67–$21.73 per share across the five trades.
- Total shares sold: 15,000. Total reported proceeds: ~$325,454.
- Shares owned after the transaction: not stated in the filing.
- No 10b5-1 plan, tax-withholding, or other footnotes were disclosed in the Form 4.
- Timeliness: filing indicates a late report relative to the standard 2-business-day Form 4 window (marked L).
Context
- As a company director, Grebenc is an insider whose trades are reportable; however, routine sales are common and do not necessarily signal material insider sentiment.
- For retail investors, purchases by insiders are generally considered more informative than sales; treat this sale as a factual record of insider activity rather than a definitive market signal.