Insider Trading January 23, 2026

KeyCorp Director Trina M. Evans Sells $710,789 in Stock, Exercises Options

Evans sold 32,695 shares and exercised 8,695 options on Jan. 22, 2026; KeyCorp posted a Q4 2025 earnings beat while stock fell in premarket trading.

By Ajmal Hussain KEY
KeyCorp Director Trina M. Evans Sells $710,789 in Stock, Exercises Options
KEY

Trina M. Evans, a director at KeyCorp, sold 32,695 shares on January 22, 2026, generating roughly $710,789, and on the same day exercised options to acquire 8,695 shares at $18.96 each. The move came as KeyCorp reported fourth-quarter 2025 results that topped analyst forecasts on both earnings per share and revenue, yet the stock declined in premarket trading. DA Davidson reiterated a Buy rating with a $25.00 price target following the quarter.

Key Points

  • Trina M. Evans sold 32,695 shares on January 22, 2026, for about $710,789 and exercised options to acquire 8,695 shares at $18.96 each for $164,857.
  • KeyCorp beat fourth-quarter 2025 expectations with EPS of $0.43 versus a $0.39 estimate (10.26% surprise) and revenue of $2.01 billion versus $1.96 billion forecast.
  • Despite earnings and revenue beats, KeyCorp's stock declined in premarket trading; DA Davidson reiterated a Buy rating with a $25.00 target.

Summary

Trina M. Evans, Director, Corporate Center at KeyCorp, completed a sale of 32,695 shares of the bank's common stock on January 22, 2026, for approximately $710,789. On the same date she exercised options to acquire 8,695 additional common shares at an exercise price of $18.96 per share, for a total exercise value of $164,857. After the transactions, Evans directly holds 58,719 shares of KeyCorp.


Transaction details

The 32,695 shares were sold at prices ranging from $21.73 to $21.78. The options that were exercised vested in four equal annual installments, with the vesting schedule concluding on February 17, 2021. The reported proceeds from the sale and the cash paid to exercise the options reflect the activity recorded for January 22, 2026.


Company financials and market response

Separately, KeyCorp reported fourth-quarter 2025 results that exceeded consensus estimates. The bank posted earnings per share of $0.43 versus a forecast of $0.39, representing a 10.26% surprise. Revenue for the quarter was $2.01 billion, above the projected $1.96 billion. Despite these reported beats, KeyCorp's shares slipped in premarket trading, a movement the company report notes could reflect investor concerns or broader market influences.


Analyst note

Following the quarter, DA Davidson reiterated its Buy rating on KeyCorp stock and maintained a $25.00 price target. The firm cited the bank's strong fourth-quarter performance and outcomes that aligned with or exceeded its full-year guidance trends.


Context and limits of the report

The foregoing reflects the reported insider transaction and company results as presented. The article does not provide further commentary on motives behind the director's transactions or long-term implications beyond the documented financial results and market reaction.

Risks

  • Stock price movement in premarket trading indicates potential investor concerns or broader market influences affecting the banking sector.
  • Insider selling can prompt questions among shareholders about executive sentiment or liquidity needs, which could influence investor behavior in the financials sector.
  • Analyst coverage, such as DA Davidson's reiterated Buy rating, may not prevent short-term share-price volatility following earnings or insider transactions.

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