---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-035060"
form_type: "8-K"
ticker: "KEY"
cik: "0000091576"
company_name: "KEYCORP /NEW/"
filed_at: "2026-05-14T20:02:04+00:00"
generated_at: "2026-05-14T21:02:55.694947+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KeyCorp launches $3.0B share buyback, declares $0.205 quarterly dividend

## Summary
- Board authorized $3.0B common share repurchase program, replacing existing $1.0B authorization (~$280M remaining).
- Quarterly common dividend of $0.205 per share declared, payable June 15, 2026 to holders of record June 2, 2026.
- Shareholders approved 2026 equity compensation plan, increasing annual non-employee director comp cap from $500K to $750K.
- All 14 director nominees elected; Ernst & Young ratified as independent auditor for fiscal 2026.

## SEC filing metadata
- accession: 0001628280-26-035060
- form_type: 8-K
- ticker: KEY
- cik: 0000091576
- company_name: KEYCORP /NEW/
- filed_at: 2026-05-14T20:02:04+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91576/000162828026035060/0001628280-26-035060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91576/000162828026035060/key-20260513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-035060
- JSON: https://secwatch.observer/filing/0001628280-26-035060.json
- Plain text: https://secwatch.observer/filing/0001628280-26-035060.txt

## Key facts
- Shareholder Votes
  KEYCORP /NEW/ shareholders approved Advisory Approval of KeyCorp's Executive Compensation at the 2026-05-14 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: Proposal Three—Advisory Approval of KeyCorp's Executive Compensation FOR AGAINST ABSTAIN BROKER NON-VOTE 791,394,228 65,005,570 3,911,944 90,473,444
  evidence_url: https://www.sec.gov/Archives/edgar/data/91576/000162828026035060/0001628280-26-035060-index.htm
- Shareholder Votes
  KEYCORP /NEW/ shareholders approved Approval of the 2026 Plan at the 2026-05-14 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: Proposal Four—Approval of the 2026 Plan FOR AGAINST ABSTAIN BROKER NON-VOTE 834,392,478 23,587,892 2,331,231 90,473,444
  evidence_url: https://www.sec.gov/Archives/edgar/data/91576/000162828026035060/0001628280-26-035060-index.htm
- Shareholder Votes
  KEYCORP /NEW/ shareholders approved Election of Directors at the 2026-05-14 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: Proposal One—Election of Directors NOMINEE FOR AGAINST ABSTAIN BROKER NON-VOTE Jacqueline L. Allard 841,985,117 9,932,868 8,393,757 90,473,444 Alexander M. Cutler 773,026,827 78,899,226 8,385,652 90,473,444 H. James Dallas 809,798,865 42,171,181 8,341,695 90,473,444 Antonio DeSpirito 845,329,425 6,504,368 8,477,949 90,473,444 Elizabeth R. Gile 813,468,511 38,536,006 8,307,225 90,473,444 Christopher M. Gorman 818,710,265 30,917,284 10,684,192 90,473,444 Robin N. Hayes 848,543,907 3,422,963 8,344,871 90,473,444 Christopher L. Henson 846,488,895 5,393,937 8,428,910 90,473,444 Richard J. Hipple 808,605,771 43,350,740 8,355,230 90,473,444 Somesh Khanna 842,504,574 9,348,917 8,458,124 90,473,444 Devina A. Rankin 848,836,215 3,165,252 8,310,148 90,473,444 Barbara R. Snyder 810,966,865 40,993,299 8,351,577 90,473,444 Richard J. Tobin 846,234,580 5,707,108 8,370,053 90,473,444 Todd J. Vasos 813,003,449 38,924,978 8,383,314 90,473,444
  evidence_url: https://www.sec.gov/Archives/edgar/data/91576/000162828026035060/0001628280-26-035060-index.htm
- Shareholder Votes
  KEYCORP /NEW/ shareholders approved Ratification of the Appointment of Ernst & Young LLP as KeyCorp’s Independent Auditors for 2026 at the 2026-05-14 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: Proposal Two—Ratification of the Appointment of Ernst & Young LLP as KeyCorp’s Independent Auditors for 2026 FOR AGAINST ABSTAIN 903,632,285 46,346,408 806,491
  evidence_url: https://www.sec.gov/Archives/edgar/data/91576/000162828026035060/0001628280-26-035060-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.