KeyCorp Director Devina A. Rankin Acquires Deferred Shares via Fee Deferral Plan
KEYCORP /NEW/
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Filing Summary
Form 4 Alert: KEYCORP /NEW/ ($KEY) • Insider: Rankin Devina A (Director) • Transaction: Acquisition of 1,557 Deferred Shares at $0.00 • Total Value: $0.00 (Fee Deferral) • Post-Transaction Holdings: 93,706 Deferred Shares (plus 13,430 Common Shares) • Date: 2026-09-30
Comprehensive Analysis
Insider Filing Analysis: KeyCorp ($KEY)
Transaction Overview
On September 30, 2026, Director Devina A. Rankin acquired 1,557 Deferred Shares of KeyCorp under the Directors' Deferred Share Sub-Plan to the KeyCorp 2026 Equity Compensation Plan. The reported transaction price per share was $0.00, representing an election to defer director fees into phantom/deferred shares that are the economic equivalent of KeyCorp common shares.
Key Details
- Security: Deferred Shares (convertible 1-for-1 to Common Shares)
- Transaction Code:
A(Grant, award, or other acquisition) - Shares Acquired: 1,557
- Holding Post-Transaction: 93,706 Deferred Shares (which includes approximately 862 dividend-equivalent deferred shares accrued in September 2026). She also directly holds 13,430 common shares.
- Settlement Terms: Distribution is deferred until the earlier of January 1, 2029, or the participant's death.
Significance Assessment
This transaction carries Low trading significance. It reflects routine director compensation deferral pursuant to an established equity plan rather than open-market buying or selling activity.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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