Form 4: KeyCorp Director Jacqui Allard Reports Transaction in Common Shares and Deferred Shares
SEC Form 4 Filing
Director Jacqui Allard reports a transaction involving KeyCorp common shares and deferred shares, with deferred shares awarded under the Deferred Share Plan.
Summary
- Jacqui Allard, a director of KeyCorp, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates a disposition of 180 common shares.
- Additionally, 8,798 deferred shares were acquired on May 15, 2025, under KeyCorp's Amended and Restated Directors' Deferred Share Sub-Plan of the KeyCorp Amended and Restated 2019 Equity Compensation Plan.
- Payment for these deferred shares is deferred until October 1, 2029.
- Each deferred share is economically equivalent to one common share.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in director Allard's holdings of KeyCorp stock and deferred shares.
Stakeholder Impact
- The filing provides transparency to shareholders regarding director stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction involving common shares and acquisition of deferred shares. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
| 10/01/2029 | Payment date for the deferred shares. |
Keywords
Form 4, KeyCorp, Director, Deferred Shares, Common Shares, Beneficial Ownership, Transaction
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