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KeyCorp (NYSE: KEY) director DeSpirito discloses 4,450-share ownership on Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

KEYCORP /NEW/ director Antonio DeSpirito III filed an initial Form 3 showing his current equity stake in the company. The filing reports beneficial ownership of 4,450 Common Shares, held directly. This is a baseline disclosure of his holdings, not a report of a new trade.

Positive

  • None.

Negative

  • None.
Insider DeSpirito Antonio III
Role null
Type Security Shares Price Value
holding Common Shares -- -- --
Holdings After Transaction: Common Shares — 4,450 shares (Direct, null)
Footnotes (1)
Common Shares owned 4,450 shares Beneficially owned directly by Antonio DeSpirito III
Buy transactions reported 0 transactions Form 3 initial ownership statement
Sell transactions reported 0 transactions Form 3 initial ownership statement
Derivative positions 0 instruments No derivative securities listed in derivativeSummary
Form 3 regulatory
"This Form 3 serves as an initial statement of beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"The Form 3 shows that Antonio DeSpirito III beneficially owns 4,450 Common Shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Shares financial
"The filing reports beneficial ownership of 4,450 Common Shares, held directly"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
director financial
"KEYCORP /NEW/ director Antonio DeSpirito III filed an initial Form 3"
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
DeSpirito Antonio III

(Last)(First)(Middle)
127 PUBLIC SQUARE

(Street)
CLEVELAND OHIO 44114

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
05/14/2026
3. Issuer Name and Ticker or Trading Symbol
KEYCORP /NEW/ [ KEY ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares4,450D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
Adam J. Larkins POA for Antonio DeSpirito III05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Antonio DeSpirito III’s Form 3 for KEY (KeyCorp) show?

The Form 3 shows that Antonio DeSpirito III, a director of KeyCorp, beneficially owns 4,450 Common Shares. This is an initial ownership report required when someone becomes a director or officer, establishing a baseline of their equity stake.

Did Antonio DeSpirito III buy or sell KEY stock in this Form 3 filing?

The Form 3 does not report any buy or sell transactions. It only discloses that Antonio DeSpirito III beneficially owns 4,450 Common Shares of KeyCorp directly, serving as an initial snapshot of his holdings as a director.

How many KeyCorp (KEY) shares does Antonio DeSpirito III hold according to the filing?

According to the Form 3, Antonio DeSpirito III beneficially owns 4,450 Common Shares of KeyCorp. These shares are listed as directly held, giving investors a clear view of his starting equity position as a company director.

What is the purpose of this Form 3 filing for KEYCORP /NEW/?

This Form 3 serves as an initial statement of beneficial ownership for director Antonio DeSpirito III at KeyCorp. It discloses that he directly holds 4,450 Common Shares, creating a public baseline before any future insider transactions are reported.

Does the Form 3 for Antonio DeSpirito III include any derivative securities in KEY?

The filing indicates no derivative securities for Antonio DeSpirito III at this time. Only 4,450 Common Shares are reported as directly owned, and the derivative holdings section of the insider data is empty in this disclosure.