SPY383.63+6.93 1.84%
DIA315.24+5.66 1.83%
IXIC12,920.15+196.68 1.55%

Insider Trends: Kemper Insider Gets Stock Award Sells Portion for Taxes Scaling Down, 90-Day Buy Trend

· 02/04/2021 15:12

07:57 PM EST, 02/04/2021 (MT Newswires) -- On Feb 02, 2021, Carl Thomas Evans Jr, EVP, Sec & General Counsel, awarded 7,776 shares in Kemper (KMPR) and sold 2,356 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 5,420 company shares. Following the Form 4 filing with the SEC, Evans controls 45,466 shares of the company of which 8,980 shares are held directly and 36,486 are owned indirectly. These holdings have an approximate market value of $3,146,702 as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 4 insider transactions reported to the SEC for Kemper. These transactions came from the activities of 2 separate insiders that resulted in a net acquisition of 12,214 company shares. This compares with the preceding 90-day window of time where there were 2 transactions from 2 insiders and resulted in the net acquisition of 780 shares.

This level of insider transactions is lower than 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 66.3 transactions per company, and disposition of 22,007 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/860748/000086074821000014/xslF345X03/wf-form4_161248654510524.xml

[Disclaimer]
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.