Form 4: KeyCorp Director Reports Stock Transactions

KeyCorp Director Carlton L. Highsmith reported transactions involving deferred shares and common shares on May 11, 2026.

Summary

• Carlton L. Highsmith, a Director at KeyCorp, reported transactions on May 11, 2026.
• 18,118 deferred shares were acquired, which are economically equivalent to KeyCorp common shares.
• Of these, 9,059 deferred shares were settled for cash based on the average closing price over the 30 trading days prior to settlement.
• The remaining 9,058 deferred shares were settled for an equal number of KeyCorp common shares.
• Additionally, 9,059 common shares were disposed of at a price of $21.41.
• Following these transactions, Highsmith beneficially owns 46,236 common shares directly and 19,425 deferred shares indirectly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions without indicating significant positive or negative strategic shifts.

Positives

• Director Highsmith acquired 18,118 deferred shares, indicating continued engagement with the company's equity.
• The settlement of deferred shares for common shares represents a direct increase in Highsmith's ownership of KeyCorp stock.

Negatives

• 9,059 common shares were disposed of, representing a reduction in direct ownership.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which solely reports past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. This filing details a director's activity in KeyCorp's stock, providing transparency on their holdings and movements.

Stakeholder Impact

• Shareholders: Provides transparency into director's stock holdings and transactions, which can inform investment decisions.
• Management: Standard reporting requirement for directors, ensuring compliance with SEC regulations.

Key Dates

Keywords

KeyCorp, Form 4, Insider Trading, Director Transactions, Deferred Shares, Common Shares, Beneficial Ownership, SEC Filing