February 16, 2024 · Form 4 insider transaction
Paine Andrew J III bought 18,731 shares of KeyCorp, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
Each deferred share represents a right to receive the cash value of one share of common stock.; In connection with the vesting on February 17, 2024, of cash-settling performance shares previously granted to the reporting person, the reporting person's receipt of the cash value of 18,731 shares of common stock was deferred, resulting in the reporting person's receipt instead of 18,731 deferred shares pursuant to KeyCorp's Long-Term Incentive Deferral Plan.; The deferred shares become payable upon the reporting person's termination of employment with KeyCorp and its subsidiaries.