Rankin Devina A 4
4 · KEYCORP /NEW/ · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
KeyCorp Director Devina A. Rankin Receives 7,352 Deferred Shares
What Happened Devina A. Rankin, a director of KeyCorp (KEY), was granted 7,352 deferred shares (reported as a derivative award) on May 14, 2026. The filing shows $0 paid by the insider for these shares — this was an award (transaction code A), not an open‑market purchase or sale. The deferred shares are the economic equivalent of common shares and will be paid out on January 1, 2031 under KeyCorp's Directors' Deferred Share Sub‑Plan of the 2026 Equity Compensation Plan.
Key Details
- Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (filing appears timely).
- Amount: 7,352 deferred shares; reported price $0.00 (award/derivative).
- Footnotes: F1 — each Deferred Share equals one Common Share economically; F2 — payment deferred until Jan 1, 2031; F3 — awarded under the Deferred Share Plan.
- Shares owned after the transaction: not specified in the provided filing details.
Context This was an equity award for a board director (routine compensation), not a cash purchase or sale. Deferred shares are typically paid later (here in 2031) and are reported as derivative securities until settled; they do not necessarily indicate immediate buying or selling sentiment by the insider.
Insider Transaction Report
- Award
Deferred Shares
[F1][F3][F2]2026-05-14+7,352→ 89,117 total→ Common Shares (7,352 underlying)
- 13,430
Common Shares
Footnotes (3)
- [F1]Each Deferred Share is the economic equivalent of one Common Share.
- [F2]Under the terms of KeyCorp's Amended and Restated Directors' Deferred Share Sub-Plan of the KeyCorp 2026 Equity Compensation Plan (the "Deferred Share Plan"), payment of the deferred shares has been deferred until January 1, 2031.
- [F3]The Deferred Shares were awarded under the Deferred Share Plan.