KEYCORP /NEW/ — Director's Dealing 2025

Oct 3, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2025-10-01

Reporting Person: Snyder Barbara R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-10-01	Common Shares	M	1493	—	Acquired	74764	Direct
2025-10-01	Common Shares	M	1363	—	Acquired	76126	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-10-01	Deferred Shares	$	M	1493	Disposed		Common Shares (1493)	Direct
2025-10-01	Deferred Shares	$	M	1363	Disposed	2025-10-01	Common Shares (1363)	Direct

Footnotes

F1: Prior to 2014, directors were permitted to defer the payment of directors' fees into the KeyCorp Second Directors' Deferred Compensation Plan ("Deferred Compensation Plan"). The deferred fees were converted to deferred shares, which are the economic equivalent of common shares. These deferred shares are being distributed as common shares pursuant to the terms of the Deferred Compensation Plan.

F2: Includes approximately 146 common shares acquired through dividend reinvestments in September 2025.

F3: Each deferred share is the economic equivalent of one common share.

F4: These deferred shares will distribute in ten quarterly installments beginning on July 1, 2025.

F5: Includes approximately 147 dividend-equivalent deferred shares accrued under the Deferred Compensation Plan in September 2025.

F6: Includes approximately 1,936 dividend-equivalent deferred shares accrued under the Amended and Restated Directors' Deferred Share Sub-Plan to the KeyCorp Amended and Restated 2019 Equity Compensation Plan in September 2025.