It just takes the flywheel key to be off a few thousands to prevent spark when the engine has points.
To the guy asking about points in small engines. Briggs used points on all there engines until 1980.
Next time you replace the key, rub a little blackboard chalk on the taper as you seat the flywheel. Helps it stay in one place. Prolly you're sick of the r and r by now?
Jim
I suspect you have a lack of lubrication failure. I am assuming that you were mowing on a slope. If the oil was slightly low, it could of got the oil slinger out of the oil which lead to engine seizure. If the engine doesn't have an immediate seizure, it may not shear the flywheel key. the sudden stop of the crank is what will shear it.