FIRST COMMONWEALTH FINANCIAL CORP /PA/·4

Jan 28, 9:52 PM ET

Riggle Carrie L 4

4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed Jan 28, 2026

Research Summary

AI-generated summary of this filing

Updated

First Commonwealth (FCF) EVP Carrie Riggle Receives 10,500 Shares

What Happened

  • Carrie Riggle, Executive Vice President & Head of Human Resources at First Commonwealth Financial (FCF), received 10,500 shares on January 27, 2026 as settlement of vested restricted stock units (RSUs). The filing shows $0.00 per share (these were awards, not purchases). To cover tax withholding, 6,409 shares were retained by the issuer; the filing also reports conversion/exercise activity for 3,500 derivative units tied to prior awards. Net shares delivered to Riggle were roughly 10,500 - 6,409 = 4,091 (market value not reported in the filing).

Key Details

  • Transaction date: 2026-01-27; Form 4 filed: 2026-01-28 (appears timely).
  • Primary codes: A = Award/Grant (10,500 shares @ $0.00 acquired); F = Tax withholding (6,409 shares @ $0.00 disposed/held by issuer); M = Exercise/conversion of derivative (3,500 units @ $0.00).
  • Footnotes: Shares issued as settlement under the First Commonwealth 2023–2025 Long-Term Incentive Plan (F1); 6,409 shares held by issuer for tax withholding (F2); awards from 2023–2025 are service/performance-based RSUs that convert 1-for-1 after a 3-year vesting period (F3–F5).
  • Shares owned after the transaction: not specified in the provided summary of the filing.

Context

  • These were equity awards/RSU settlements (not open-market purchases or sales), so they reflect compensation vesting rather than a direct market buy/sell by the insider. The tax-withholding share retention is a routine administrative action and not a cash sale. The M-code indicates conversion/exercise of derivative units (RSUs) into common shares as part of the settlement.

Insider Transaction Report

Form 4
Period: 2026-01-27
Riggle Carrie L
EVP/Human Resources
Transactions
  • Award

    Common Stock

    [F1]
    2026-01-27+10,50067,470 total
  • Tax Payment

    Common Stock

    [F2]
    2026-01-276,40961,061 total
  • Exercise/Conversion

    Restricted Stock Units-Service Based

    [F3]
    2026-01-273,5000 total
    Common Stock (3,500 underlying)
Holdings
  • Restricted Stock Units-Service Based

    [F4]
    Common Stock (3,850 underlying)
    3,850
  • Restricted Stock Units-Service Based

    [F5]
    Common Stock (4,050 underlying)
    7,900
Footnotes (5)
  • [F1]Shares issued as settlement of performance and service based restricted stock units granted under the First Commonwealth Financial Corporation 2023-2025 Long-Term Incentive Plan
  • [F2]Shares held by the issuer to satisfy tax withholding obligations in connection with the Long-Term Incentive Plan referenced in footnote 1.
  • [F3]Service based stock units awarded in 2023 and converted to FCF common stock on a 1-for-1 basis after a 3 year vesting period.
  • [F4]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.
  • [F5]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.
Signature
/s/ Matthew C. Tomb POA for Carrie L. Riggle|2026-01-29

Documents

1 file
  • 4
    wk-form4_1769655142.xmlPrimary

    FORM 4