Form 4: KeyCorp Executive Douglas Schosser Reports Stock Transactions
SEC Form 4 Filing
KeyCorp's Chief Accounting Officer, Douglas Schosser, reports the vesting and subsequent disposition of restricted stock units.
Summary
- Douglas M. Schosser, Chief Accounting Officer of KeyCorp, filed a Form 4 detailing changes in beneficial ownership.
- On February 24, 2024, Schosser vested 2,252 common shares from restricted stock units.
- Also on February 24, 2024, 684 common shares were disposed of at a price of $14.26.
- Following these transactions, Schosser directly owns 24,380 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 02/24/2020 | Restricted stock units granted to Douglas Schosser. |
| 02/24/2024 | Restricted stock units vested and common shares disposed of. |
| 02/27/2024 | Date of Form 4 filing. |
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