Form 4: KeyCorp Director Carlton L. Highsmith Sells 9,000 Shares

Sentiment:

SEC Form 4 Filing


Director Carlton L. Highsmith sold 9,000 shares of KeyCorp common stock at a price of $17.14 per share on November 5, 2024.

Summary

  • On November 5, 2024, Carlton L. Highsmith, a director of KeyCorp, sold 9,000 shares of the company's common stock.
  • The sale price was $17.14 per share.
  • Following the transaction, Highsmith directly owns 37,864 shares of KeyCorp.
  • The transaction was reported on November 7, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a transaction by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The sale of shares by a director could be perceived in various ways by stakeholders, but the impact is likely minimal given the relatively small number of shares sold compared to the overall outstanding shares of KeyCorp.

Key Dates

DateDescription
11/05/2024Date of transaction: Carlton L. Highsmith sold 9,000 shares of KeyCorp common stock.
11/07/2024Date of report: Form 4 filing date.

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