BANK OF NOVA SCOTIA (BNS) — Insider Trading

AI-Powered SEC Filing Analysis

Latest Insider Trading Filed: 2026-05-06

Key Insights

Bank of Nova Scotia (BNS) disposed of 231,847 KeyCorp common shares on 05/05/2026 at $21.96 per share, reducing its direct ownership stake while maintaining a substantial beneficial ownership position of 159.3 million shares.
The disposition occurred pursuant to an Investment Agreement dated August 12, 2024, with BNS participating on a pro rata basis in KeyCorp's share repurchase program, indicating a structured, pre-arranged divestiture rather than opportunistic selling.
BNS maintains director-by-deputization status at KeyCorp through contractual rights to nominate directors, signaling continued strategic involvement and influence despite the modest reduction in share position.
The filing shows BNS as both a 10% owner and director of KeyCorp, representing a significant institutional investment stake with ongoing governance participation in the U.S. regional banking sector.

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Earlier Insider Trading filings

Filed: 2026-04-29

Bank of Nova Scotia (BNS) disposed of 251,736 common shares of KeyCorp at $22.02 per share on April 28, 2026, reducing its beneficial ownership to approximately 159.6 million shares, suggesting a strategic reduction in its KeyCorp position.
The disposition occurred pursuant to an Investment Agreement dated August 12, 2024, with pro-rata participation rights in share repurchases, indicating this was a structured, pre-arranged transaction rather than opportunistic selling.
BNS maintains substantial beneficial ownership of KeyCorp (159.6 million shares) and retains director nomination rights through deputization, demonstrating continued significant influence over the issuer despite the modest share reduction.

Filed: 2026-04-22

Bank of Nova Scotia (BNS) disposed of 49,921 common shares of KeyCorp (KEY) on April 21, 2026, at $21.95 per share, reducing its beneficial ownership stake while maintaining a substantial 159.8 million shares held directly.
The disposition was executed pursuant to an Investment Agreement dated August 12, 2024, with an automatic pro rata participation clause in KeyCorp's share repurchase program, indicating a structured divestment rather than opportunistic selling.
BNS maintains both director and 10% owner status at KeyCorp, with contractual rights to nominate directors, suggesting significant ongoing influence despite the modest share reduction in this transaction.

Filed: 2026-03-18

The Bank of Nova Scotia (BNS) disposed of 183,268 common shares of KeyCorp (KEY) on 2026-03-17, reducing its ownership stake in the company.
BNS holds a 10% ownership position in KeyCorp, indicating it maintains a significant investment in the company.
The disposition of shares was made pursuant to an investment agreement between BNS and KeyCorp, which allows BNS to participate in KeyCorp's share repurchase program on a pro rata basis.

Filed: 2026-03-03

The Bank of Nova Scotia (BNS) has disposed of 408,070 common shares of KeyCorp (KEY) at a price of $21.14 per share, reducing its ownership stake in the company.
BNS appears to be participating in a pro rata share repurchase program with KeyCorp, as outlined in the Investment Agreement between the two companies.
BNS maintains a significant ownership position in KeyCorp, holding over 160 million shares or approximately 10% of the company's outstanding common stock.

Filed: 2026-02-10

The Bank of Nova Scotia (BNS) disposed of 415,133 common shares of KeyCorp (KEY) on February 10, 2026, as part of a pro rata share repurchase arrangement between the two companies.
BNS remains a significant 10% owner of KeyCorp, with 160,907,941 common shares still beneficially owned following the reported transaction.
The transaction was made pursuant to a contractual agreement between BNS and KeyCorp, which gives BNS the right to participate in KeyCorp's share repurchases on a pro rata basis.

Filed: 2026-02-04

The Bank of Nova Scotia (BNS) disposed of 517,633 common shares of KeyCorp (KEY) on February 3, 2026, reducing its stake in the issuer.
BNS owns a 10% stake in KeyCorp as a result of the reported transaction, indicating its significant ownership position in the company.
The disposition of shares appears to be part of a contractual arrangement between BNS and KeyCorp, as described in the Investment Agreement, where BNS participates in the issuer's share repurchases on a pro-rata basis.

Filed: 2026-01-27

The Bank of Nova Scotia (BNS) has disposed of 128,055 common shares of KeyCorp (KEY) at a price of $21.16 per share, reducing its direct ownership in the company.
As a 10% owner and director-by-deputization of KeyCorp, the Bank of Nova Scotia's transaction appears to be part of a pre-planned arrangement, likely related to a share repurchase program.
Investors should monitor any further changes in the Bank of Nova Scotia's ownership position in KeyCorp, as significant changes could impact the company's strategic direction and shareholder value.

Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.