BANK OF NOVA SCOTIA sold KEY
December 2, 2025 · Form 4 insider transaction
BANK OF NOVA SCOTIA sold 57,241 shares of KeyCorp at $18.29 per share, a transaction worth $1.05M. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Disposition pursuant to the Investment Agreement by and between the Reporting Person and the Issuer, dated August 12, 2024 (the "Investment Agreement"), and related arrangements between the Reporting Person and the Issuer, pursuant to which the Reporting Person participates (in certain circumstances, automatically), on a pro rata basis, in any repurchase by the Issuer of its common shares.; Amount excludes certain common shares, par value $1.00 per share, of the Issuer held by the Reporting Person on a proprietary basis and in which the Reporting Person does not have a pecuniary interest (such common shares, "Excluded Shares"). Excluded Shares were previously reported on, and this Form 4 is deemed to accordingly adjust, the Form 3 filed by the Reporting Person on January 6, 2025 (62,051 Excluded Shares) and the Form 4s filed by the Reporting Person on February 7, 2025 (50,000 Excluded Shares), November 20, 2025 (126,037 Excluded Shares) and November 26, 2025 (127,271 Excluded Shares).