Insider Trends: Kemper Insider Receives Stock Award Uses Portion to Pay Taxes, Slowing 90-Day Buy Trend
08:00 PM EST, 02/04/2021 (MT Newswires) -- On Feb 02, 2021, Mark A Green, EVP, Bus Dev & Reinsurance, awarded 10,206 shares in Kemper (KMPR) and sold 3,065 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 7,141 company shares. After the Form 4 filing with the SEC, Green has control over 37,463 shares of company stock of which 8,727 shares are held directly and 28,736 are controlled indirectly. These holdings have an approximate market value of $2,592,814 as of the prior-day closing price.
In the 90 days prior to the date of this filing, there have been 6 insider transactions reported to the SEC for Kemper. These transactions came from the activities of 3 separate insiders that resulted in a net acquisition of 17,634 company shares. Relative to the preceding 90-day window of time, there were 2 transactions from 2 insiders that resulted in the net acquisition of 780 shares.
This level of transactions is below that of the peer group average in the 22-company Multiline Insurance & Brokers peer group over the last 90-day period. Within the peer group activity averaged 66.4 transactions per company, and disposition of 21,996 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/860748/000086074821000016/xslF345X03/wf-form4_161248668588794.xml
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.