Transaction overview
KeyCorp (NYSE:KEY) Chief Human Resources Officer Angela G. Mago completed an open-market sale of 62,850 shares of the bank's common stock on January 29, 2026. The disposal generated proceeds of $1.35 million, with individual trade prices recorded between $21.54 and $21.55.
Option exercise
On that same date Mago exercised stock options to acquire 62,850 common shares at an exercise price of $10.49 per share, representing a total exercise value of $659296. The option exercise and the subsequent sale occurred concurrently on January 29, 2026.
Post-transaction holdings
Following these actions, Mago's direct ownership in KeyCorp stands at 261,415 shares. That total includes approximately 4,257 shares that were previously omitted from reported totals due to an administrative error and have now been incorporated into her reported holdings.
Company financials and analyst commentary
In separate corporate disclosures, KeyCorp reported fourth-quarter 2025 results that exceeded analyst projections. The bank posted earnings per share of $0.43 compared with a consensus estimate of $0.39. Revenue for the quarter came in at $2.01 billion versus an expected $1.96 billion.
Following the quarterly release, DA Davidson reiterated its Buy rating on KeyCorp and maintained a $25.00 price target. The firm cited the bank's strong fourth-quarter performance, noting that results met or exceeded the full-year guidance trends it had tracked.
What is clear from the filings
The filings show a simultaneous option exercise and share sale by a senior executive, an adjustment to previously reported holdings due to an administrative omission, and quarterly financial results that outperformed consensus estimates. The analyst reaction cited in the filing reflects continued positive assessment from at least one broker.
Limitations - The filings provide transaction details and reported results but do not include additional commentary from the insider or the company beyond the numbers and the analyst note referenced.