(KEY)

Role: Director
Signature: Adam J. Larkins POA for Robin N. Hayes
Stock symbol: KEY
Transactions as of: May 12, 2025
Transactions value $: -$63,386
Form type: 4
Date filed: 5/14/2025, 05:03 PM
Previous filing: Apr 2, 2025
Next filing: May 19, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Hayes Robin	Director	127 PUBLIC SQUARE, CLEVELAND	Adam J. Larkins POA for Robin N. Hayes	2025-05-14	0001443147

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KEY	Common Shares	Options Exercise		+8.63K	+47.3%		26.9K	May 12, 2025	Direct	F1
transaction	KEY	Common Shares	Disposed to Issuer	-$63.4K	-4.31K	-16.05%	$14.70	22.5K	May 12, 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KEY	Deferred Shares	Options Exercise		-8.63K	-15.28%		47.8K	May 12, 2025	Common Shares	8.63K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Deferred Share was the economic equivalent of one KeyCorp Common Share. On May 12, 2025, 4,312 of the Reporting Person's Deferred Shares were settled for cash based upon the average of the closing price of KeyCorp Common Shares over the 30 trading days immediately prior to (and including if such date is a trading day) the payment date, and the remaining 4,314 Deferred Shares were settled for an equal number of KeyCorp Common Shares.

Content

Each Deferred Share was the economic equivalent of one KeyCorp Common Share. On May 12, 2025, 4,312 of the Reporting Person's Deferred Shares were settled for cash based upon the average of the closing price of KeyCorp Common Shares over the 30 trading days immediately prior to (and including if such date is a trading day) the payment date, and the remaining 4,314 Deferred Shares were settled for an equal number of KeyCorp Common Shares.