Riggle Carrie L 4

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.