Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
stock optionsfinancial
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
stock appreciation rightsfinancial
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
performance stock unitsfinancial
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
tandem stock appreciation rightsfinancial
Tandem stock appreciation rights (SARs) are employee pay awards that let the holder receive the increase in a company's share price without buying shares, and they are tied to matching stock options so exercising one cancels the other. Think of it as a choice between taking a cash or stock reward for the same gain; investors care because tandem SARs influence future cash outflows, share dilution, and how strongly executives are motivated to boost the stock.
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CHICAGO--(BUSINESS WIRE)--
Kemper Corporation (NYSE: KMPR) (the “Company”) today announced that it granted inducement equity awards to two new executives in connection with their commencement of employment with the Company.
Effective June 1, 2026, Stephen J. McAnena, President and Chief Executive Officer, was granted an award of restricted stock units with respect to 27,945 shares of Kemper Corporation’s common stock (“Common Stock”), an award of stock options (and tandem stock appreciation rights) with respect to 111,777 shares of Common Stock, and an award of performance stock units with respect to 83,833 shares of Common Stock at target (for which up to 178,843 shares may be earned based on performance).
The restricted stock units and stock options are scheduled to vest in three equal increments on each of the first three anniversaries of the grant date, generally subject to McAnena’s continued employment through each vesting date. The performance stock units provide a target number of shares of Common Stock that may be earned over a three-year performance period based on achievement with respect to various financial metrics.
Effective June 1, 2026, Kelly L. Coomer, Executive Vice President, Chief Information Officer, was granted an award of restricted stock units with respect to 43,913 shares of Common Stock. These restricted stock units are scheduled to vest in three equal increments on each of the first three anniversaries of the grant date, generally subject to Coomer’s continued employment through each vesting date.
These awards were approved by the Human Resources and Compensation Committee of the Board of Directors of the Company, and were granted under the Kemper Corporation 2026 Inducement Plan as employment inducement awards pursuant to New York Stock Exchange Listing Rule 303A.08.
About Kemper
The Kemper family of companies is one of the nation’s leading specialized insurers. With approximately $12 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families, and businesses through its Kemper Auto and Kemper Life brands. Kemper serves over 4.5 million policies, is represented by approximately 24,000 agents and brokers, and has approximately 7,300 associates dedicated to meeting the ever-changing needs of its customers. Learn more about Kemper at kemper.com.
