Key 4: Snyder Barbara R bought 1,526 shares of Common Shares at $N… (Jan 5, 2026)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-01-01 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: KEYCORP /NEW/ (KEY) CIK: 0000091576 --- Reporting Owner --- Name: Snyder Barbara R CIK: 0001496583 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Common Shares Date: 2026-01-01 | Code: M (Exercise of derivative) Shares: +1,526 Shares Owned After: 77,787 | Ownership: D (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 136 common shares acquired through dividend reinvestments in December 2025. [Transaction #2] Security: Common Shares Date: 2026-01-01 | Code: M (Exercise of derivative) Shares: +1,377 Shares Owned After: 79,164 | Ownership: D (Direct) Footnotes: [F3] Each deferred share is the economic equivalent of one common share. --- Derivative Transactions --- [Transaction #1] Security: Deferred Shares Date: 2026-01-01 | Code: M (Exercise of derivative) Shares: -1,526 Shares Owned After: 10,683 | Ownership: D (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. [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. [F4] These deferred shares will distribute in ten quarterly installments beginning on July 1, 2025. [F4] These deferred shares will distribute in ten quarterly installments beginning on July 1, 2025. [F5] Includes approximately 120 dividend-equivalent deferred shares accrued under the Deferred Compensation Plan in December 2025. [Transaction #2] Security: Deferred Shares Date: 2026-01-01 | Code: M (Exercise of derivative) Shares: -1,377 Exercisable: N/A | Expires: 2026-01-01 Shares Owned After: 178,885 | Ownership: D (Direct) Footnotes: [F3] Each deferred share is the economic equivalent of one common share. [F3] Each deferred share is the economic equivalent of one common share. [F6] Includes approximately 1,788 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 December 2025. --- Footnotes (Complete Index) --- 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 136 common shares acquired through dividend reinvestments in December 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 120 dividend-equivalent deferred shares accrued under the Deferred Compensation Plan in December 2025. F6: Includes approximately 1,788 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 December 2025. --- Signature --- /s/ Adam J. Larkins POA for Barbara R. Snyder (2026-01-05)