KeyCorp Files Form 144 with SEC, Signaling Potential Market Activity
In a recent SEC filing, KeyCorp /New/ (0000091576) submitted a Form 144 indicating an intention to sell restricted securities. This filing is significant as it provides insights into the company’s plans regarding the sale of such securities. Form 144 is typically filed by company insiders or affiliates who intend to sell shares, and it is required to be filed with the SEC when the amount of shares being sold exceeds 5,000 or has an aggregate sales price of over $50,000 within a three-month period.
KeyCorp is a financial services company based in Cleveland, Ohio, offering a range of banking and financial products to individuals, businesses, and institutional clients. With a focus on delivering personalized financial solutions, KeyCorp has established itself as a prominent player in the banking industry. For more information about KeyCorp and its services, you can visit their official website here.
Form 144, as filed by KeyCorp /New/, provides transparency regarding the potential sale of restricted securities by insiders or affiliates of the company. This form is crucial for investors and regulatory authorities to monitor and track any significant changes in ownership or potential market impact. It serves as a disclosure mechanism to ensure compliance with securities regulations and maintain transparency in the financial markets.
Read More:
KeyCorp Files SEC Form 144 – Latest Update from the Company
