Form 4: KeyCorp Director Devina A. Rankin Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Devina A. Rankin reports a transaction involving KeyCorp common shares and deferred shares on May 13, 2024.
Summary
- On May 13, 2024, Devina A. Rankin, a director of KeyCorp, reported changes in beneficial ownership of KeyCorp securities.
- The transactions involved common shares and deferred shares, each equivalent to one KeyCorp common share.
- 3,287 deferred shares were settled for cash at a price of $14.86 per share.
- An additional 3,287 deferred shares were settled for an equal number of KeyCorp common shares.
- Following these transactions, Rankin directly owns 13,430 common shares and 52,973 deferred shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a KeyCorp director.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of transaction involving common shares and deferred shares. |
| 05/15/2024 | Date of signature by Adam J. Larkins, POA for Devina A. Rankin. |
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