Insider Trading February 9, 2026

First Commonwealth EVP Disposes $350,606 in Shares as Bank Posts Quarterly Beat

Jane Grebenc sold 18,598 shares on Feb. 6, 2026 while First Commonwealth reports stronger-than-expected Q4 results and upbeat guidance for 2026

By Maya Rios FCF
First Commonwealth EVP Disposes $350,606 in Shares as Bank Posts Quarterly Beat
FCF

Jane Grebenc, executive vice president and chief revenue officer at First Commonwealth Financial Corp (FCF), completed three stock sales on February 6, 2026, disposing of 18,598 shares for a total of $350,606. The transactions took place as FCF shares traded close to a 52-week high and followed the bank's fourth-quarter 2025 earnings and revenue results that exceeded forecasts, along with optimistic guidance for 2026.

Key Points

  • Jane Grebenc sold 18,598 First Commonwealth shares in three transactions on Feb. 6, 2026, generating $350,606 at prices between $18.8473 and $18.8567.
  • Following the sale, Grebenc directly owns 158,975 shares and holds 25,500 Restricted Stock Units that vest on a three-year schedule and convert 1-for-1 to common stock.
  • First Commonwealth beat Q4 2025 expectations with EPS of $0.43 versus $0.42 forecast and revenue of $137.9 million versus $135.63 million; the bank provided optimistic guidance for 2026.

Insider transaction details

Jane Grebenc, EVP and Chief Revenue Officer at First Commonwealth Financial Corp (NYSE: FCF), sold a total of 18,598 shares of the bank's common stock on February 6, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The disposition was executed in three separate trades at prices between $18.8473 and $18.8567, bringing the aggregate proceeds to $350,606.

Share price context

The timing of the sale coincides with FCF shares trading near their 52-week high of $19.08. Over the past six months the stock has delivered an 18% return, based on data from InvestingPro.

Post-transaction holdings and equity awards

After the February 6 transactions, Grebenc directly holds 158,975 shares of common stock. In addition to her direct ownership, she retains 8,750 Restricted Stock Units - Service Based awarded in 2024 and 16,750 Restricted Stock Units - Service Based awarded in 2025. Those restricted stock units convert into common shares on a 1-for-1 basis after a three-year vesting period.

Company fundamentals and dividend record

First Commonwealth Financial is a regional bank with a market capitalization of $1.93 billion. The shares trade at a price-to-earnings ratio of 12.8 and offer a dividend yield of 2.87%. InvestingPro analysis included in publicly available company coverage indicates FCF is currently trading below its Fair Value assessment. The bank has paid dividends for 40 consecutive years and has increased its dividend for nine straight years.

Recent financial performance

First Commonwealth Financial reported fourth-quarter 2025 results that surpassed analysts' expectations. The company posted earnings per share of $0.43, compared with the consensus forecast of $0.42. Revenue for the quarter came in at $137.9 million, topping the projected $135.63 million. Management provided optimistic guidance for 2026, reflecting the company's strategic priorities. Analysts have taken note of these results, although the reports did not cite any specific upgrades or downgrades to ratings.


Additional resources

Investors interested in more detailed analysis can consult FCF's Pro Research Report available through InvestingPro, where the company is covered alongside more than 1,400 U.S. equities.

Risks

  • The filing does not state the motivation behind the insider sale, leaving the intent behind the transaction unclear for investors. This uncertainty affects perceptions in the regional banking and equity markets.
  • FCF shares are trading near a 52-week high, a level that can introduce greater price sensitivity and investor scrutiny amid any insider transaction disclosures.
  • Although the company reported stronger-than-expected quarterly results and provided optimistic guidance, reports noted no specific analyst upgrades or downgrades, leaving analyst sentiment and near-term market reaction uncertain.

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