FIRST COMMONWEALTH FINANCIAL CORP /PA/·4

May 1, 3:13 PM ET

DiVito Joseph V. Jr 4

Research Summary

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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.