Director David K. Wilson retires from KeyCorp (NYSE: KEY) board role

Rhea-AI Filing Summary

KeyCorp reported that Board member David K. Wilson has retired from its Board of Directors for personal health reasons, effective January 13, 2026. In connection with his departure, the Board approved a reduction in its size to 14 members, effective January 15, 2026. This change reflects an adjustment in the Board’s composition following Mr. Wilson’s immediate retirement.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Understanding 8-K Material Events →

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

 of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 13, 2026

KeyCorp

(Exact name of registrant as specified in charter)

Ohio

001-11302

34-6542451

State or other jurisdiction of incorporation or organization:

Commission File Number

I.R.S. Employer Identification Number:

127 Public Square,

Cleveland,

Ohio

44114-1306

Address of principal executive offices:

Zip Code:

(216) 689-3000

Registrant’s telephone number, including area code:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered Pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Shares, $1 par value			KEY			New York Stock Exchange
Depositary Shares (each representing a 1/40th interest in a share of Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series E)			KEY PrI			New York Stock Exchange
Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series F)			KEY PrJ			New York Stock Exchange
Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series G)			KEY PrK			New York Stock Exchange
Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Reset Perpetual Non-Cumulative Preferred Stock, Series H)			KEY PrL			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 13, 2026, David K. Wilson informed KeyCorp of his decision to retire for personal health reasons from the Board of Directors (the "Board"), effective immediately.

In light of Mr. Wilson's retirement, KeyCorp's Board approved a reduction in the size of the Board to 14 members, effective January 15, 2026.

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
						KEYCORP
Date: January 16, 2026						/s/ Andrea R. McCarthy
						By: Andrea R. McCarthy
						Title: Assistant Secretary

FAQ

What did KeyCorp (KEY) announce regarding its Board of Directors?

KeyCorp announced that director David K. Wilson retired from its Board of Directors for personal health reasons, effective January 13, 2026.

When is David K. Wilson’s retirement from KeyCorp’s Board effective?

David K. Wilson’s retirement from KeyCorp’s Board is effective immediately as of January 13, 2026.

How is KeyCorp (KEY) changing the size of its Board after the retirement?

Following David K. Wilson’s retirement, KeyCorp’s Board approved a reduction in its size to 14 members, effective January 15, 2026.

Why did David K. Wilson retire from the KeyCorp (KEY) Board?

David K. Wilson informed KeyCorp that he decided to retire for personal health reasons from the Board of Directors.

Does the KeyCorp 8-K mention any other major corporate actions?

The disclosure focuses on David K. Wilson’s retirement from the Board and the resulting reduction of the Board size to 14 members.