Form 4: KeyCorp Director David K. Wilson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director David K. Wilson reports transactions involving KeyCorp common shares and deferred shares on January 1st and 2nd, 2025.
Summary
- David K. Wilson, a director of KeyCorp, filed a Form 4 detailing changes in his beneficial ownership of KeyCorp securities.
- On January 1, 2025, Wilson acquired 8,440 common shares and disposed of 8,440 deferred shares.
- On January 2, 2025, Wilson acquired 1,625 common shares and disposed of 1,625 deferred shares.
- Following these transactions, Wilson directly owns 50,871 common shares and 55,784 deferred shares.
- The deferred shares are the economic equivalent of common shares and include dividend-equivalent deferred shares accrued between June and December 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These filings are monitored by investors to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Acquisition of 8,440 common shares and disposal of 8,440 deferred shares. |
| 01/02/2025 | Acquisition of 1,625 common shares and disposal of 1,625 deferred shares. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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