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Insider Trends: Insider at Kemper Awarded Shares Uses Portion to Pay Taxes, Easing 90-Day Buy Trend

· 02/04/2021 15:12

08:11 PM EST, 02/04/2021 (MT Newswires) -- On Feb 02, 2021, Duane A Sanders, EVP, Property & Casualty, awarded 11,785 shares in Kemper (KMPR) and sold 2,937 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 8,848 company shares. Sanders, following the transactions delineated in the Form 4 SEC filing, has 17,121 company shares, with a market value, based on the prior-day closing price, of $1.18 million.

Over the last 90 days, prior to the date of this filing, there have been 12 insider transactions reported to the SEC for Kemper. These transactions came from the activities of 6 separate insiders that resulted in a net acquisition of 60,857 company shares. In the preceding 90-day window of time, there were 2 transactions from 2 insiders which resulted in the net acquisition of 780 shares.

This is lower than the average level of insider transactions in the 22-company Multiline Insurance & Brokers peer group over the last 90-day period. Within the peer group activity averaged 66.7 transactions per company, and disposition of 21,907 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/860748/000086074821000022/xslF345X03/wf-form4_161248736434324.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.