Form 4: KeyCorp Executive Angela G. Mago Executes Stock Option and Sells Shares
SEC Form 4 Filing
KeyCorp's Chief Human Resources Officer, Angela G. Mago, exercised stock options and sold shares on November 6, 2024.
Summary
- On November 6, 2024, Angela G. Mago, Chief Human Resources Officer of KeyCorp, exercised an option to buy 15,011 common shares at a price of $14.11.
- Simultaneously, Mago sold 15,011 common shares at a price of $19.59.
- Following these transactions, Mago directly owns 234,582 common shares of KeyCorp.
- Mago also holds options to buy 0 common shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Executive stock transactions are routinely monitored by investors as they can provide insights into an executive's perspective on the company's current valuation and future prospects. It is important to consider the size and frequency of these transactions in relation to the executive's overall holdings.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an executive's decision to exercise options and sell shares.
- The impact on employees, customers, suppliers, and creditors is likely negligible.
Key Dates
| Date | Description |
|---|---|
| February 17, 2019 | Date the option vested in four equal annual installments. |
| February 16, 2025 | Expiration date of the option. |
| November 06, 2024 | Date of the stock option exercise and share sale. |
| November 08, 2024 | Date of the signature on the Form 4 filing. |
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