Lee E. Lyon II, Executive Vice President and Chief Audit Executive at First Commonwealth Financial Corp (NASDAQ:FCF), sold common stock totaling approximately $644,054 on May 18, 2026.
The executive disposed of a total of 35,000 shares of First Commonwealth common stock across multiple transactions. The shares were sold at prices ranging from $18.3809 to $18.4205 per share. The stock currently trades at $18.40, near its 52-week high of $19.14, and has delivered a 16% return over the past year. According to Bond.az analysis, FCF appears undervalued at current levels, with a P/E ratio of 12.12.
Following these transactions, Mr. Lyon II directly holds 57,739 shares of the company’s common stock. Additionally, he holds 3,350 Restricted Stock Units awarded in 2026, convertible into FCF common stock on a one-for-one basis after a three-year vesting period.
In other news, First Commonwealth reported first-quarter 2026 earnings missing analysts' expectations. The company posted EPS of $0.37, below the forecasted $0.40. Revenue was $133.56 million, missing the anticipated $134.32 million. The market reacted with a stock price decline, though shares recovered slightly in premarket trading.
