KEY 8-K: SEC filing

KeyCorp

Filed with the SEC on · accession 0001628280-26-073875

KEY filed a 8-K (current report) with the SEC on Nov 13, 2026. KeyCorp announced it will redeem all 20,000,000 outstanding depositary shares representing its Series E Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock on December 15, 2026, at a redemption price of $25.3828125 per depositary share. The stock moved +0.1% by the first close after the filing.

Summary of the filing

KeyCorp announced it will redeem all 20,000,000 outstanding depositary shares representing its Series E Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock on December 15, 2026, at a redemption price of $25.3828125 per depositary share. The Series E preferred stock will be delisted from the NYSE upon redemption.

Key details

Aggregate liquidation preference of Series E preferred stock being redeemed$500.0M
Redemption price per depositary share$25
Redemption price per share of preferred stock$1K
Number of depositary shares outstanding and being redeemed$20.0M
Issuer redeeming preferred stockKeyCorp
Holds shares in book-entry form and will process redemptionDepository Trust Company (DTC)
Series e preferred stock will be delisted upon redemptionNew York Stock Exchange
Assistant secretaryAndrea R. McCarthy

How KEY stock reacted

Close before

$21.33

Nov 12, 2026

First close after

+0.09%

$21.35

5 trading days

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Since filing

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Frequently asked questions

What did KEY file with the SEC on Nov 13, 2026?

KEY filed a 8-K (SEC filing). KeyCorp announced it will redeem all 20,000,000 outstanding depositary shares representing its Series E Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock on December 15, 2026, at a redemption price of $25.3828125 per depositary share. The Series E preferred stock will be delisted from the NYSE upon redemption.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did KEY stock react to this filing?

KEY closed at $21.33 before the filing and $21.35 on Nov 13, 2026 (+0.09%).

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