KEY.NYSEKeycorp /NEW/
Form 4: KeyCorp Director Richard J. Tobin Reports Changes in Beneficial Ownership
Sentiment:
SEC Filing
Director Richard J. Tobin reports changes in beneficial ownership of KeyCorp shares, including the acquisition of deferred shares.
Summary
- Richard J. Tobin, a director of KeyCorp, filed a Form 4 with the SEC on May 13, 2024, reporting changes in beneficial ownership.
- The report details the acquisition of 9,283 deferred shares on May 9, 2024, under KeyCorp's Amended and Restated Directors' Deferred Share Sub-Plan of the KeyCorp Amended and Restated 2019 Equity Compensation Plan.
- These deferred shares are the economic equivalent of common shares, with payment deferred until November 26, 2028.
- Tobin's holdings decreased by 50,815 shares.
- Following the reported transactions, Tobin beneficially owns 50,815 deferred shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, indicating a neutral sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: acquisition of deferred shares. |
| 05/13/2024 | Date of Form 4 filing. |
| 11/26/2028 | Payment date of the deferred shares. |
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