Riggle Carrie L 4
4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
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
Riggle Carrie L
EVP/Human Resources
Transactions
- Award
Common Stock
[F1]2026-01-27+10,500→ 67,470 total - Tax Payment
Common Stock
[F2]2026-01-27−6,409→ 61,061 total - Exercise/Conversion
Restricted Stock Units-Service Based
[F3]2026-01-27−3,500→ 0 total→ Common Stock (3,500 underlying)
Holdings
- 3,850
Restricted Stock Units-Service Based
[F4]→ Common Stock (3,850 underlying) - 7,900
Restricted Stock Units-Service Based
[F5]→ Common Stock (4,050 underlying)
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