Form 4: KeyCorp Director Todd J. Vasos Reports Changes in Beneficial Ownership

Director Todd J. Vasos reports acquisition and disposal of KeyCorp common and deferred shares.

Summary

• On July 2, 2024, Todd J. Vasos, a director of KeyCorp, filed a Form 4 with the SEC reporting changes in beneficial ownership.
• The report details transactions involving common shares and deferred shares.
• On July 1, 2024, 6,674 common shares were acquired and disposed of.
• As of July 1, 2024, Vasos beneficially owns 19,460 common shares.
• On June 30, 2024, Vasos acquired 1,759 deferred shares at a price of $14.22.
• As of July 1, 2024, Vasos beneficially owns 56,886 deferred shares.
• These deferred shares are payable on the earlier of January 4, 2027, or the death of the participant.
• The report was filed by Adam J. Larkins as POA for Todd J. Vasos.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.

Future Outlook

The deferred shares are payable on the earlier of January 4, 2027, or the death of the participant.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a KeyCorp director.

Key Dates