Form 4: KeyCorp Executive Amy G. Brady Reports Stock Transactions
SEC Form 4 Filing
Amy G. Brady, Chief Information Officer of KeyCorp, reports the exercise of options and subsequent sale of common shares on August 29, 2024.
Summary
- On August 29, 2024, Amy G. Brady, Chief Information Officer of KeyCorp, exercised options to purchase 13,856 common shares at a price of $14.11 per share.
- Following the exercise of these options, Ms. Brady sold 42,535 common shares at a weighted average price of $16.92, with individual transactions ranging from $16.88 to $16.94.
- After these transactions, Ms. Brady beneficially owns 82,648 common shares directly.
- Ms. Brady also continues to hold options to buy 0 shares.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among corporate executives. It provides transparency to investors regarding the buying and selling activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| February 17, 2019 | Date on which the options vested in four equal annual installments. |
| August 29, 2024 | Date of the reported transactions: option exercise and stock sale. |
| February 16, 2025 | Expiration date of the options. |
| September 03, 2024 | Date of the signature on the Form 4 filing. |
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