KeyCorp filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$KEY
Major Banks
Finance
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | ||
Date of Report (Date of earliest event reported): May 15, 2025
(Exact name of registrant as specified in its charter)
| State or other jurisdiction of incorporation or organization: | Commission File Number | I.R.S. Employer Identification Number: | ||||||||||||
| Address of principal executive offices: | Zip Code: | |||||||||||||
(216 ) 689-3000
Registrant’s telephone number, including area code:
| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): | |||||
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities Registered Pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
At the 2025 Annual Meeting of Shareholders of KeyCorp held on May 15, 2025 (the “Annual Meeting”), shareholders elected all fifteen of the directors nominated by the KeyCorp Board of Directors. Each director received a greater number of votes cast for his or her election than votes against his or her election, as stated below. The shareholders also ratified the appointment of Ernst & Young LLP as KeyCorp’s independent auditors for the 2025 fiscal year and approved on an advisory basis KeyCorp’s executive compensation (as described in KeyCorp’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 28, 2025).
The final voting results from the Annual Meeting are as follows, rounded down to the nearest whole share:
Proposal One—Election of Directors
NOMINEE | FOR | AGAINST | ABSTAIN | BROKER NON-VOTE | ||||||||||||||||||||||
Jacqueline L. Allard | 895,638,168 | 8,917,901 | 738,613 | 84,541,479 | ||||||||||||||||||||||
Alexander M. Cutler | 859,129,403 | 45,346,738 | 818,347 | 84,541,479 | ||||||||||||||||||||||
H. James Dallas | 869,420,625 | 34,310,304 | 1,563,559 | 84,541,479 | ||||||||||||||||||||||
Elizabeth R. Gile | 871,614,629 | 32,230,450 | 1,449,611 | 84,541,479 | ||||||||||||||||||||||
Ruth Ann M. Gillis | 877,845,473 | 26,721,725 | 726,890 | 84,541,479 | ||||||||||||||||||||||
Christopher M. Gorman | 868,560,483 | 35,807,794 | 926,212 | 84,541,479 | ||||||||||||||||||||||
Robin N. Hayes | 896,480,516 | 7,911,967 | 902,005 | 84,541,479 | ||||||||||||||||||||||
Carlton L. Highsmith | 890,869,462 | 13,439,090 | 985,936 | 84,541,479 | ||||||||||||||||||||||
Richard J. Hipple | 868,184,605 | 36,301,351 | 808,533 | 84,541,479 | ||||||||||||||||||||||
Somesh Khanna | 890,793,401 | 13,530,373 | 969,662 | 84,541,479 | ||||||||||||||||||||||
Devina A. Rankin | 900,393,303 | 4,146,224 | 754,961 | 84,541,479 | ||||||||||||||||||||||
Barbara R. Snyder | 864,986,952 | 38,860,465 | 1,447,071 | 84,541,479 | ||||||||||||||||||||||
Richard J. Tobin | 896,331,524 | 8,111,978 | 850,987 | 84,541,479 | ||||||||||||||||||||||
Todd J. Vasos | 874,742,083 | 29,743,930 | 808,475 | 84,541,479 | ||||||||||||||||||||||
David K. Wilson | 894,242,647 | 10,222,932 | 828,909 | 84,541,479 | ||||||||||||||||||||||
Proposal Two—Ratification of the Appointment of Ernst & Young LLP as KeyCorp’s Independent Auditors for 2025
FOR | AGAINST | ABSTAIN | ||||||||||||||||||
| 958,003,101 | 30,704,300 | 1,128,768 | ||||||||||||||||||
Proposal Three—Advisory Approval of KeyCorp’s Executive Compensation
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTE | ||||||||||||||||||||
| 570,696,333 | 332,498,701 | 2,099,656 | 84,541,479 | ||||||||||||||||||||
| SIGNATURE | ||||||||
| Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. | ||||||||
| KEYCORP | ||||||||
| (Registrant) | ||||||||
| Date: May 19, 2025 | /s/ Andrea R. McCarthy | |||||||
| Name: Andrea R. McCarthy | ||||||||
| Title: Assistant Secretary | ||||||||