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Discounted Stock Purchase Plan

Purchase KeyBank stock through an employee discount program.

Key’s Discounted Stock Purchase Plan supports employees’ financial wellness with an opportunity to purchase shares of KeyCorp stock at a discount through payroll deductions.

Overview

Eligible employees who participate in the Plan will receive a 10% purchase price discount on all Common Shares purchased through the Plan.

How Does Enrolling in the Plan Work?

Participation can begin immediately and eligible employees can enroll through netbenefits.fidelity.com. Active teammates ages 18 and older who are scheduled 20 or more hours per week are eligible to enroll.

  • Each payroll deduction must be a minimum of $5 and must be in multiples of $5. Discount on the common shares is taxable income
  • Common shares must be held for one year after purchase

The information provided above is intended to be a summary of Key’s benefit programs. For any inconsistency between this summary and the applicable plan document or policy, the plan document or policy will always prevail. Key reserves the right to amend, modify or terminate the plan or policy at any time and for any reason.

HSA checking account is provided by KeyBank National Association (KeyBank), Member FDIC.

Key is an Equal Opportunity and Affirmative Action Employer.