FCF FIRST COMMONWEALTH FINANCIAL CORP /PA/

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q3 2025: $2M, Q2 2025: $0M, Q1 2025: $2M, Q3 2024: $3M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $2M vs trailing avg $2M (+41%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Missing buyback or cash flow data

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Missing shares repurchased or outstanding data

Are officers and directors buying stock with their own money on the open market?

7 open-market purchases by 2 insiders

• BRICE TODD D () bought 1,000 shares at $18.58 on 2026-05-04
• BRICE TODD D () bought 1,000 shares at $18.23 on 2026-02-03
• McCuen Michael P (EVP/Chief Banking Officer) bought 3,090 shares at $16.19 on 2025-11-21
• BRICE TODD D () bought 1,000 shares at $15.27 on 2025-11-03
• McCuen Michael P (EVP/Chief Banking Officer) bought 2,826 shares at $17.67 on 2025-09-03
• BRICE TODD D () bought 1,000 shares at $16.52 on 2025-08-04
• BRICE TODD D () bought 7,000 shares at $16.09 on 2025-05-13

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 4 quarters and 7 insider purchases by 2 insiders (no calendar overlap, but both independently active)

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $1M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 5.5x more than bought. 2 C-suite officers among sellers

• Reske James R (EVP/Chief Financial Officer) sold 100 shares on 2026-05-05
• Reske James R (EVP/Chief Financial Officer) sold 100 shares on 2026-05-05
• Reske James R (EVP/Chief Financial Officer) sold 207 shares on 2026-05-05
• Reske James R (EVP/Chief Financial Officer) sold 100 shares on 2026-05-05
• Reske James R (EVP/Chief Financial Officer) sold 100 shares on 2026-05-05
• Reske James R (EVP/Chief Financial Officer) sold 1,054 shares on 2026-05-05
• Reske James R (EVP/Chief Financial Officer) sold 6 shares on 2026-05-05
• Reske James R (EVP/Chief Financial Officer) sold 388 shares on 2026-05-05
• Reske James R (EVP/Chief Financial Officer) sold 7 shares on 2026-05-05
• Reske James R (EVP/Chief Financial Officer) sold 10 shares on 2026-05-05