Gile Elizabeth R. 4
Research Summary
AI-generated summary
KeyCorp (KEY) Director Elizabeth R. Gile Sells 23,946 Shares
What Happened
Elizabeth R. Gile, a director of KeyCorp (KEY), sold 23,946 shares on June 3, 2026. The reported weighted-average price was $20.88, producing proceeds of approximately $499,992. The transaction is reported as a sale (code S) executed in the open market or as private sales.
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (filed two days after the trade, within the normal reporting window).
- Price: weighted average $20.88; reported trade prices ranged $20.88–$20.89 (Footnote F1).
- Shares sold: 23,946; total proceeds reported: $499,992.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote (F2): The reporting person can provide a breakdown of the number of shares sold at each separate price upon request to KeyCorp or the SEC staff.
- No 10b5-1 plan, tax-withholding, or other special transaction codes were disclosed in the supplied transaction data.
Context
This was a straight sale of common stock by a company director. Sales by insiders are common and can reflect many reasons (liquidity, portfolio rebalancing, estate planning, etc.); they are not, on their own, definitive evidence of a change in the insider’s view of the company.