Andrew J. Paine III, Head of Institutional Bank at KeyCorp, filed a Form 4 on November 2, 2026, disclosing a gift disposition of 4,265 common shares on October 30, 2026.

Key Highlights

  • Transaction: Paine disposed of 4,265 KeyCorp common shares via a gift (transaction code G) on October 30, 2026, at a price of $0.
  • Recipient: The shares were transferred to Paine's spouse and are now held indirectly by Paine through that relationship.
  • Direct holdings after transaction: Paine directly owns 184,016 common shares following the reported transaction.
  • Indirect holdings: Paine holds an additional 102,946 shares indirectly through a GRAT, 445 shares through Paine Investments LP, and 27,210 shares through a 401(k) Plan (reported as of October 28, 2026).
  • Filer role: Andrew J. Paine III is identified as an officer with the title Head of Institutional Bank at KEYCORP /NEW/ (NYSE:KEY).
  • Signatory: The form was signed by Adam J. Larkins as power of attorney for Andrew J. Paine III.

Andrew Paine's Gift Disposition of KeyCorp Common Shares

According to the filing, Andrew J. Paine III, serving as Head of Institutional Bank at KEYCORP /NEW/ (NYSE:KEY), reported a single transaction on October 30, 2026: the disposal of 4,265 common shares via gift, coded "G" under the SEC's transaction code instructions. The price recorded for the transaction is $0, consistent with a gift transfer. The shares were disposed of in favor of Paine's spouse and are reported as now held indirectly by Paine through that spousal relationship.

Following the reported transaction, the filing discloses that Paine directly owns 184,016 common shares. In addition to direct ownership, the filing lists several indirect holdings: 102,946 shares held through a GRAT, 445 shares held through Paine Investments LP, and 27,210 shares held through a 401(k) Plan, with the 401(k) figure reported as of October 28, 2026, according to a footnote in the filing. No derivative securities were reported in Table II of the form.

The Form 4 was filed on November 2, 2026, and the date of earliest transaction is listed as October 30, 2026. Adam J. Larkins signed the document as power of attorney on behalf of Andrew J. Paine III. No indication of a Rule 10b5-1 plan was checked on the filing.

What Was Disclosed

Andrew J. Paine III, Head of Institutional Bank at KeyCorp, reported gifting 4,265 common shares to his spouse at $0 on October 30, 2026. After the transaction, his direct beneficial ownership stands at 184,016 common shares, with additional indirect holdings across a GRAT, a limited partnership, and a 401(k) Plan.