DiVito Joseph V. Jr 4
4 · FIRST COMMONWEALTH FINANCIAL CORP /PA/ · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
First Commonwealth (FCF) Director Joseph DiVito Receives 2,790 Shares
What Happened Joseph V. DiVito Jr., a director of First Commonwealth Financial Corp (FCF), was issued 2,790 shares on 2026-05-01 as a director retainer award (transaction code A). The shares were valued at $18.41 each, for a total of approximately $51,364. This was an issuance under the company's director retainer plan (a routine compensation grant), not an open-market purchase.
Key Details
- Transaction date: 2026-05-01; Price per share: $18.41; Total value: ~$51,364.
- Transaction type: Award/Grant (code A) — shares issued as payment of director retainer.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1: Shares issued as payment of Mr. DiVito's director retainer per the First Commonwealth Director Retainer Plan (based on NYSE/FCF closing price on 04/30/2026).
- F2: Includes 3 shares purchased via automatic reinvestment of dividends in Feb 2026 under the company's dividend reinvestment plan.
- Filing timeliness: Report filed 2026-05-01 for a 2026-05-01 transaction (filed timely).
Context This was a routine compensatory issuance for board service rather than a market purchase or sale; such awards commonly reflect standard director pay and do not, by themselves, indicate a change in insider sentiment. Transaction code A denotes an award/grant/acquisition of shares.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-01$18.41/sh+2,790$51,364→ 3,342 total
Footnotes (2)
- [F1]Shares issued as payment of Mr. DiVito's retainer for service as a director pursuant to the First Commonwealth Financial Corporation Director Retainer Plan (based on NYSE/FCF closing price on 04.30.26).
- [F2]Includes 3 shares purchased from the automatic reinvestment of dividends in February 2026 as a participant in First Commonwealth's dividend reinvestment plan.