Form 4: KeyCorp Director Carlton L. Highsmith Sells 7,500 Shares
SEC Form 4 Filing
Director Carlton L. Highsmith sold 7,500 shares of KeyCorp stock at $15.1 per share on March 8, 2024.
Summary
- On March 8, 2024, Carlton L. Highsmith, a director of KeyCorp, sold 7,500 shares of KeyCorp common stock.
- The sale price was $15.1 per share.
- Following the transaction, Highsmith directly owns 53,577 shares of KeyCorp.
Sentiment
Score: 5
Explanation: The document simply reports a transaction. It is neutral in sentiment.
Industry Context
Sales of shares by company directors are a normal part of corporate governance. It is important to consider the context of the sale, such as the director's overall holdings and any company-specific news.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: Carlton L. Highsmith sold 7,500 shares of KeyCorp stock. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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