Riggle Carrie L 4

What Happened Carrie L. Riggle, Executive Vice President – Human Resources at First Commonwealth Financial Corp (FCF), received a grant of 4,050 service-based stock units on 2026-03-11. These units are derivative awards (no cash purchase) and convert into common shares on a 1-for-1 basis after a three-year service-based vesting period (see footnote F3). The filing lists the award but does not report an immediate cash value or share sale.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (timely filing).
• Transaction type/code: A = Award/Grant of derivative units; price: N/A.
• Units granted: 4,050 service-based stock units (convertible 1-for-1 into FCF common stock after 3 years).
• Shares owned after transaction: Not specified in the supplied filing details.
• Relevant footnotes: F3 describes the 2026 award’s 3-year vesting; F1 and F2 note prior service-based unit awards in 2024 and 2025 with similar 3-year vesting.
• No indication of a 10b5-1 plan, cashless exercise, tax withholding sale, or late filing.

Context Service-based stock units are compensation awards that become company shares only after meeting vesting/service requirements; they are retention-focused and not an immediate market purchase or sale. Because these units vest over three years, they signal long-term compensation alignment rather than a near-term bullish or bearish trade by the insider.