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Insider Trends: Kemper Insider Receives Stock Award Sells Portion for Taxes, Slowing 90-Day Buy Trend

· 02/04/2021 14:08

07:01 PM EST, 02/04/2021 (MT Newswires) -- On Feb 02, 2021, Charles Tipton Brooks, EVP, Operations & Systems, awarded 7,776 shares in Kemper (KMPR) and sold 2,354 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 5,422 company shares. Brooks, after the transactions designated in the SEC Form 4 filing, has 18,272 company shares, with a market value, based on the prior-day closing price, of $1.26 million.

Over the last 90 days, previous to the date of this filing, there have been 2 insider transactions reported to the SEC for Kemper. These transactions came from the activity of one insider that resulted in a net acquisition of 6,792 company shares. This compares with the preceding 90-day window of time where there were 2 transactions from 2 insiders that resulted in the net acquisition of 780 shares.

This level of insider transactions is below that of the peer group average in the 22-company Multiline Insurance & Brokers peer group over the last 90-day period. Activity in the peer group averaged 66.2 transactions per company, and disposition of 22,018 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/860748/000086074821000012/xslF345X03/wf-form4_161248312572729.xml

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