First Commonwealth Financial CFO sells $44,030 in stock

James R. Reske, Chief Financial Officer of FIRST COMMONWEALTH FINANCIAL CORP, divested 2,072 shares of the company's stock on September 4, 2026. The sale occurred at prices between $21.16 and $21.305 per share, amounting to a total of $44,030. This action followed a previously approved trading plan from March 20, 2025. Post-sell, Reske holds 73,060 shares of common stock.

The stock has posted a 29% return so far this year, trading at $21.34 and boasting a market capitalization of $2.13 billion. The filing also detailed Reske's holdings in derivative securities, specifically Restricted Stock Units (RSUs) convertible into FCF common stock at a 1:1 ratio after a three-year vesting period. He owns 22,150 RSUs in total.

FIRST COMMONWEALTH is known for its consistent dividend growth, having increased payouts for nine straight years and offering a 2.62% yield. Financial data indicates the company trades close to its fair value, according to InvestingPro's analysis. Recently, FIRST COMMONWEALTH Financial reported Q2 2026 earnings that beat analysts' expectations, with adjusted earnings per share at $0.44 on revenue of $139.43 million.

This surpassed previous estimates of $0.43 per share and $137.44 million in revenue. Management cited wider lending margins, lower deposit costs, and tighter expense control as key contributors to the strong performance. During the earnings call, the company's leadership expressed optimism about buybacks, loan growth, and fee income.