KeyCorp Director Dallas H. James Receives Deferred Share Award

What Happened
Dallas H. James, a director of KeyCorp (KEY), was granted 7,352 Deferred Shares on May 14, 2026. The award is recorded at $0.00 per share because it is a non‑cash director compensation grant (derivative award), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (filed within the SEC’s two-business-day window).
• Transaction type/code: A = Award/Grant (Derivative). Amount: 7,352 Deferred Shares; reported price: $0.00.
• Shares owned after transaction: Not specified in this filing.
• Footnotes from filing:
  • Each Deferred Share is the economic equivalent of one Common Share.
  • Under the Deferred Share Plan, payment will be made one-half in Common Shares and one-half in cash on May 14, 2029.
  • The award was granted under KeyCorp’s Directors’ Deferred Share Sub-Plan.

Context
This is a routine director compensation award (deferred equity) rather than a market purchase or sale. Deferred Shares convert economically to common shares on the stated payout date (half in stock, half in cash), and do not indicate an immediate market transaction.