secwatch.observer — SEC 8-K summary
======================================

Issuer:     KEYCORP /NEW/ (KEY)
CIK:        0000091576
Form:       8-K
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0001193125-23-143501
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KeyCorp shareholders approve A&R 2019 Equity Plan, increase authorized shares by 40M
--------------------------------------------------------------------------------

- Shareholders elected all 13 director nominees; each received more For than Against votes.
- Ratified Ernst & Young as independent auditor for 2023 with 781.5M For vs 30.2M Against.
- Advisory vote on executive compensation approved (674.4M For vs 46.9M Against); annual frequency adopted.
- A&R 2019 Equity Plan approved (655.1M For vs 66.1M Against); authorized shares increased by 40M, term extended to 2033.
- Shareholder proposal for independent board chair rejected (461.3M Against vs 260.2M For).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91576/000119312523143501/0001193125-23-143501-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91576/000119312523143501/d487900d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-143501

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer