KeyCorp (NYSE: KEY) director adds 1,355 deferred shares in fee grant
Rhea-AI Filing Summary
Hayes Robin reported acquisition or exercise transactions in this Form 4 filing.
KeyCorp director Robin Hayes reported a new equity award and updated holdings. Hayes received 1,355 deferred shares on June 30, 2026 as a grant tied to deferred directors' fees under the KeyCorp 2026 Equity Compensation Plan. These deferred shares are economically equivalent to common shares.
Under the Deferred Share Plan, payment of the deferred shares is postponed until the earlier of January 1, 2030 or Hayes' death. The disclosed balance includes approximately 466 dividend-equivalent deferred shares accrued in June 2026. After these updates, Hayes directly holds 35,519 common shares and 52,753 deferred shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hayes Robin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 1,355 | $0.00 | $0.00 |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Deferred Shares — 52,753 shares (Direct);
Common Shares — 35,519 shares (Direct)
Footnotes (3)
- F1. Directors may elect to defer the payment of directors' fees into the Directors' Deferred Share Sub-Plan to the KeyCorp 2026 Equity Compensation Plan (the "Deferred Share Plan"). The deferred fees are converted into deferred shares, which are the economic equivalent of common shares.
- F2. Under the terms of the Deferred Share Plan, payment of the deferred shares has been deferred until the earlier of January 1, 2030, or the death of the participant.
- F3. Includes approximately 466 dividend-equivalent deferred shares accrued under the Deferred Share Plan in June 2026.
Key Figures
Deferred shares granted: 1,355 deferred shares
Common shares held after: 35,519 shares
Deferred shares balance after: 52,753 deferred shares
+2 more
5 metrics
Deferred shares granted
1,355 deferred shares
Grant tied to deferred directors' fees on June 30, 2026
Common shares held after
35,519 shares
Common shares directly owned after reported transactions
Deferred shares balance after
52,753 deferred shares
Total deferred shares under Deferred Share Plan after grant
Dividend-equivalent deferred shares
approximately 466 shares
Dividend-equivalent units accrued in June 2026
Earliest deferred share payment date
January 1, 2030
Earliest scheduled payout under Deferred Share Plan terms
Key Terms
Deferred Share Plan, deferred shares, dividend-equivalent deferred shares, equity compensation plan
4 terms
equity compensation plan financial
"Directors may elect to defer the payment of directors' fees into the Directors' Deferred Share Sub-Plan to the KeyCorp 2026 Equity Compensation Plan (the "Deferred Share Plan")."
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
FAQ
What insider transaction did KeyCorp (KEY) director Robin Hayes report?
KeyCorp director Robin Hayes reported receiving 1,355 deferred shares as a grant tied to deferred directors' fees. These deferred shares are economically equivalent to common shares and increase Hayes' deferred share balance under the KeyCorp 2026 Equity Compensation Plan.
Did the KeyCorp (KEY) Form 4 show any insider stock sales by Robin Hayes?
The Form 4 does not show any open-market stock sales by Robin Hayes. It reports a grant of 1,355 deferred shares as compensation and an updated statement of direct holdings in common and deferred shares, without any recorded buy or sell trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
