STOCK TITAN

First Commonwealth (FCF) EVP sells 37,964 shares in open market

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

First Commonwealth Financial (FCF) executive Norman J. Montgomery, EVP/Business Integration, reported open-market sales of company common stock. On April 30 and May 1, 2026, he sold a total of 37,964 shares in multiple transactions at prices around the high‑$18 range per share. After these sales, he still directly holds 50,104 shares of common stock. In addition, he holds several service-based restricted stock unit awards from 2024, 2025, and 2026, each convertible into First Commonwealth common stock on a 1‑for‑1 basis after a three‑year vesting period, covering 5,250, 5,750, and 6,300 underlying shares respectively.

Positive

  • None.

Negative

  • None.
Insider Montgomery Norman J
Role EVP/Business Integration
Sold 37,964 shs ($697K)
Type Security Shares Price Value
Sale Common Stock 6,841 $18.378 $126K
Sale Common Stock 3,592 $18.3113 $66K
Sale Common Stock 133 $18.4442 $2K
Sale Common Stock 1,090 $18.4441 $20K
Sale Common Stock 237 $18.4441 $4K
Sale Common Stock 1,071 $18.4441 $20K
Sale Common Stock 6,916 $18.3432 $127K
Sale Common Stock 7,546 $18.3294 $138K
Sale Common Stock 7,207 $18.3363 $132K
Sale Common Stock 3,331 $18.3905 $61K
holding Restricted Stock Units-Service Based -- -- --
holding Restricted Stock Units-Service Based -- -- --
holding Restricted Stock Units-Service Based -- -- --
Holdings After Transaction: Common Stock — 56,227 shares (Direct, null); Restricted Stock Units-Service Based — 6,300 shares (Direct, null)
Footnotes (1)
  1. Award in 2024 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period. Award in 2025 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period. Award in 2026 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
Total shares sold 37,964 shares Net open-market sales on April 30 and May 1, 2026
Post-sale common stock holding 50,104 shares Direct ownership after May 1, 2026 transactions
Sample sale price $18.4442 per share Common stock sale on May 1, 2026
Additional sale price $18.3113 per share Common stock sale on May 1, 2026
2024 RSU underlying shares 5,250 shares Service-based stock units, 3-year vesting period
2025 RSU underlying shares 5,750 shares Service-based stock units, 3-year vesting period
2026 RSU underlying shares 6,300 shares Service-based stock units, 3-year vesting period
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Restricted Stock Units-Service Based financial
"security_title: Restricted Stock Units-Service Based"
service based stock units financial
"Award in 2024 of service based stock units convertible"
vesting period financial
"on a 1-for-1 basis at the end of a 3 year vesting period"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
1-for-1 basis financial
"convertible into shares of FCF common stock on a 1-for-1 basis"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Montgomery Norman J

(Last)(First)(Middle)
601 PHILADELPHIA STREET

(Street)
INDIANA PENNSYLVANIA 15701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FIRST COMMONWEALTH FINANCIAL CORP /PA/ [ FCF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP/Business Integration
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026S6,916D$18.343281,152D
Common Stock04/30/2026S7,546D$18.329473,606D
Common Stock04/30/2026S7,207D$18.336366,399D
Common Stock04/30/2026S3,331D$18.390563,068D
Common Stock05/01/2026S6,841D$18.37856,227D
Common Stock05/01/2026S3,592D$18.311352,635D
Common Stock05/01/2026S133D$18.444252,502D
Common Stock05/01/2026S1,090D$18.444151,412D
Common Stock05/01/2026S237D$18.444151,175D
Common Stock05/01/2026S1,071D$18.444150,104D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units-Service Based(1) (1) (1)Common Stock6,3006,300D
Restricted Stock Units-Service Based(2) (2) (2)Common Stock5,75012,050D
Restricted Stock Units-Service Based(3) (3) (3)Common Stock5,25017,300D
Explanation of Responses:
1. Award in 2024 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
2. Award in 2025 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
3. Award in 2026 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
Remarks:
/s/ Matthew C. Tomb POA for Norman J. Montgomery05/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FCF executive Norman J. Montgomery report?

Norman J. Montgomery, EVP/Business Integration at First Commonwealth Financial (FCF), reported open-market sales of company common stock. Across April 30 and May 1, 2026, he sold a combined 37,964 shares in multiple transactions disclosed in the Form 4 filing.

At what prices did Norman J. Montgomery sell First Commonwealth (FCF) shares?

Montgomery’s reported open-market sales of First Commonwealth common stock occurred at per-share prices in the $18.31–$18.44 range. Individual transactions are listed with specific prices such as $18.3113, $18.3363, $18.3432, $18.3905, and $18.4442 per share.

How many First Commonwealth (FCF) shares does Montgomery hold after these sales?

After the reported open-market sales, Norman J. Montgomery directly holds 50,104 shares of First Commonwealth Financial common stock. This post-transaction holding is disclosed in the Form 4 as the total number of shares he owns directly following the latest sale on May 1, 2026.

How many First Commonwealth (FCF) shares did Montgomery sell in total?

The Form 4 transaction summary states that Norman J. Montgomery sold a net total of 37,964 shares of First Commonwealth Financial common stock. These sales occurred through 10 separate open-market transactions reported for April 30 and May 1, 2026.

What restricted stock units (RSUs) does Norman J. Montgomery hold at FCF?

Montgomery holds service-based restricted stock units awarded in 2024, 2025, and 2026. Footnotes state these stock units convert into FCF common stock on a 1‑for‑1 basis after a three‑year vesting period, covering 5,250, 5,750, and 6,300 underlying shares.

Are Norman J. Montgomery’s First Commonwealth (FCF) RSUs currently exercisable?

The filing describes Montgomery’s awards as service based stock units from 2024, 2025, and 2026 that are convertible on a 1‑for‑1 basis into FCF common stock at the end of a three‑year vesting period, indicating they vest and become deliverable after that period.