KEY Form 144: Insider Plans Sale of 50,000 Common Shares (~$0.88M)
Rhea-AI Filing Summary
Form 144 filed for KeyCorp (KEY) shows a proposed sale of 50,000 common shares through Fidelity Brokerage Services with an aggregate market value of $880,750.01. The sale is slated approximately for 08/08/2025 on the NYSE and the issuer has 1,096,515,839 shares outstanding, placing the proposed sale at a small fraction of total equity.
The notice details the acquisition history of the 50,000 shares as restricted stock vesting paid as compensation on 02/20/2019 (10,500), 02/17/2020 (16,485), 02/17/2021 (12,450) and 02/17/2025 (10,565). It also discloses a prior sale by Amy G. Brady of 19,000 shares on 06/12/2025 for $305,775.77. The form includes the standard representation that the filer is not aware of undisclosed material adverse information and references trading-plan language.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Rule 144 notice: 50,000 KEY shares (~$0.88M) proposed for sale; size is immaterial relative to outstanding shares.
The filing documents a planned sale of 50,000 common shares via Fidelity with an aggregate market value of $880,750.01 and confirms the shares were received as restricted stock vesting and paid as compensation across 2019–2025. Given the issuer's reported 1,096,515,839 shares outstanding, the proposed sale represents a de minimis percentage of float and is unlikely to move market prices on its own. The disclosure of a prior 19,000-share sale by Amy G. Brady in June 2025 provides additional context on recent insider liquidity.
TL;DR: Filing shows compliance with Rule 144 and disclosure norms; no governance red flags presented in the notice.
The form lists acquisition dates and compensation-related vesting for all 50,000 shares to be sold, and names the executing broker, which aligns with standard insider-sale disclosure practices. The statement attesting to absence of undisclosed material adverse information and mention of trading-plan adoption language are customary representations. There is no information in the filing indicating unexpected executive departures, enforcement actions, or material governance concerns.
FAQ
What does the KEY Form 144 disclose about the proposed sale?
Who is the broker handling the sale on the KEY Form 144?