Form 4: KeyCorp Director Sells Shares After Option Exercise

KeyCorp Director, Corporate Center Trina M. Evans reported exercising options and selling a portion of her common shares.

Summary

• Trina M. Evans, Director, Corporate Center at KeyCorp, reported transactions on January 22, 2026.
• Exercised options to acquire 8,695 common shares at a price of $18.96 per share.
• Sold 32,695 common shares at a weighted average price of $21.74 per share, with individual sales ranging from $21.73 to $21.78.
• Following these transactions, beneficial ownership stands at 58,719 direct common shares.
• The option exercised had fully vested in four equal annual installments ending on February 17, 2021, and has an expiration date of February 20, 2027.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions involving option exercise and subsequent share sale, which is a common practice for executive compensation and liquidity. It does not inherently indicate a positive or negative outlook for the company.

Positives

• The sale of shares occurred at a price ($21.74 average) higher than the option exercise price ($18.96), indicating a profitable transaction for the reporting person.

Negatives

• The reporting person sold a net of 24,000 shares (32,695 sold 8,695 acquired via option exercise), reducing their direct beneficial ownership in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction represents a routine insider sale, which typically has minimal direct impact on other shareholders unless it signals a broader trend of insider selling or a significant change in confidence. The remaining beneficial ownership of 58,719 shares indicates continued alignment with shareholder interests.

Key Dates

Keywords

KeyCorp, KEY, Insider Trading, Form 4, Stock Sale, Option Exercise, Beneficial Ownership, Director Transaction