CEO Gorman sold 112,149 shares of KEY at $18.86 on 2025-07-23; stock currently $18.57, down 7.0% from 52-week high yet up 26.2% in 90 days.
Gorman Christopher M., Chairman and CEO, executed a significant sale of 112,149 shares (15.3% of pre-transaction holdings) at $18.86, reducing his stake from 732,044 to 619,895 shares. His cross-ticker track record shows strong timing discipline: 1 prior sell with a 90-day well-timed rate of 100.00%, and his same-ticker history at KEY also reflects this pattern (prior sell on 2025-02-13 with -5.0% 90-day return). The current stock price of $18.57 sits 7.0% below the 52-week high of $19.97 despite a robust 26.2% 90-day rally, suggesting the CEO is acting near intermediate-term strength. Notably, KEY's fundamentals present significant headwinds: the company reported annual revenue growth of -28.0%, was unprofitable over its most recent full fiscal year, and carries a P/E of 928.50 (a distress metric driven by depressed near-term earnings). This sale appears positioned within the context of a CEO exiting into recent strength amid deteriorating profitability trends.