James R. Reske, who serves as Executive Vice President and Chief Financial Officer at First Commonwealth Financial Corp (NYSE: FCF), executed sales of 2,092 shares of the bank's common stock on March 5, 2026, according to a Form 4 filing with the Securities and Exchange Commission.
The transactions, carried out in multiple tranches the same day, produced proceeds totaling $36,432. Reported sale prices ranged from $17.475 to $17.715 per share.
Following these disposals, Reske's direct holding in First Commonwealth common stock stands at 85,492 shares. In addition to those direct holdings, the filing notes outstanding Restricted Stock Units - Service Based: 8,000 units awarded in 2024 and 15,300 units awarded in 2025. Those RSUs convert on a 1-for-1 basis into shares of FCF common stock at the conclusion of a three-year vesting period.
The Form 4 indicates the sales were conducted pursuant to a trading plan that was adopted on March 20, 2025. The filing does not provide further detail beyond the transaction amounts, prices, or the plan adoption date.
In related corporate developments, First Commonwealth reported fourth-quarter results for 2025 that modestly beat consensus expectations. The company posted diluted earnings per share of $0.43, versus a forecast of $0.42. Revenue for the quarter reached $137.9 million, compared with expected revenue of $135.63 million.
Company leadership conveyed optimism about the year ahead and provided positive guidance for 2026. The earnings release and accompanying outlook have been noted by analysts and investors and may factor into future projections.
The available filings and the earnings release together present a snapshot of insider activity and recent financial performance. Where the public filings or releases are limited in detail, those limitations are reflected here rather than expanded upon.