Angela G. Mago of KEYCORP (NYSE: KEY) exercises options and sells 22,826 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KEYCORP /NEW/ Chief Human Resources Officer Angela G. Mago reported an option exercise and matching share sale. On 2026-05-08, she exercised options to acquire 22,826 common shares at $18.96 per share, then sold 22,826 common shares in an open-market sale at $21.66 per share.
Following these transactions, Mago directly held 281,564 common shares. The exercised option to buy 22,826 shares, which originally vested in four equal annual installments ending on February 17, 2021, now shows zero remaining derivative balance after the exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 22,826 shares ($494,411)
Net Sell
3 txns
Insider
Mago Angela G
Role
Chief Human Resources Officer
Sold
22,826 shs ($494K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Buy | 22,826 | $0.00 | -- |
| Exercise | Common Shares | 22,826 | $18.96 | $433K |
| Sale | Common Shares | 22,826 | $21.66 | $494K |
Holdings After Transaction:
Option to Buy — 0 shares (Direct, null);
Common Shares — 304,390 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 22,826 shares
Sale price per share: $21.66 per share
Shares acquired via exercise: 22,826 shares
+3 more
6 metrics
Shares sold
22,826 shares
Open-market sale of common shares on May 8, 2026
Sale price per share
$21.66 per share
Price for 22,826 common shares sold May 8, 2026
Shares acquired via exercise
22,826 shares
Common shares from option exercise code M on May 8, 2026
Option exercise price
$18.96 per share
Conversion or exercise price for 22,826-share option
Shares held after transactions
281,564 shares
Direct common share ownership following May 8, 2026 transactions
Option expiration date
February 20, 2027
Original expiration date of exercised “Option to Buy”
Key Terms
open-market sale, derivative exercise/conversion, Option to Buy, Common Shares, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for 22,826 Common Shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for 22,826 Common Shares"
Option to Buy financial
"security_title: "Option to Buy" with underlying Common Shares"
Chief Human Resources Officer financial
"officer_title: "Chief Human Resources Officer" for Angela G. Mago"
The chief human resources officer is the senior executive who leads a company's people strategy—hiring, pay and benefits, training, workplace culture, legal compliance, and leadership development—like a head coach who builds and keeps the team. Investors care because the CHRO’s choices shape productivity, labor costs, turnover, regulatory risk and succession of key leaders; those outcomes affect a company’s profitability, growth potential and reputation in ways that show up on the balance sheet.
FAQ
What insider transactions did Angela G. Mago report for KEY on May 8, 2026?
Angela G. Mago reported exercising options for 22,826 KEY common shares at $18.96 per share and selling 22,826 common shares in an open-market sale at $21.66 per share, combining a derivative exercise with a same-day sale.
What option exercise did Angela G. Mago report in this KEY Form 4 filing?
She exercised an option to buy 22,826 KEY common shares at a conversion or exercise price of $18.96 per share. The derivative position, an “Option to Buy,” showed zero remaining balance after exercise, with an original expiration date of February 20, 2027.
What does the transaction code “M” signify in Angela G. Mago’s KEY Form 4?
The code “M” indicates a derivative exercise or conversion. In this filing, it reflects exercising an “Option to Buy” 22,826 KEY common shares at $18.96 per share, eliminating the remaining derivative balance tied to that option grant after the exercise.
When did the exercised KEY option originally vest for Angela G. Mago?
The exercised option vested in four equal annual installments ending on February 17, 2021. That vesting schedule applied to the “Option to Buy” 22,826 KEY common shares, which was later fully exercised and then followed by the reported open-market share sale.