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

· 02/04/2021 15:14

08:14 PM EST, 02/04/2021 (MT Newswires) -- On Feb 02, 2021, Kimberly A Holmes, EVP, Chief Actuary &, awarded 4,770 shares in Kemper (KMPR) and sold 1,476 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 3,294 company shares. Holmes, subsequent to the transactions designated in the SEC Form 4 filing, owns 5,894 shares of the company, which have a market value of $407,924 as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 14 insider transactions reported to the SEC for Kemper. These transactions came from the activities of 7 different insiders that resulted in a net acquisition of 69,705 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 a lower level of transactions than 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 66.8 transactions per company, and disposition of 21,888 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/860748/000086074821000024/xslF345X03/wf-form4_161248755179093.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.