Kemper Announces Inducement Equity Awards for Newly Hired Executive

Key Terms

restricted stock units financial

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.

performance stock units financial

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.

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CHICAGO--(BUSINESS WIRE)-- Kemper Corporation (NYSE: KMPR) (the “Company”) today announced that it granted inducement equity awards to Eric E. Kappler, Executive Vice President, President, P&C, in connection with the commencement of his employment with the Company.

Effective August 3, 2026, Kappler was granted an award of restricted stock units with respect to 30,738 shares of Kemper Corporation’s common stock (“Common Stock”) and an award of performance stock units with respect to 17,077 shares of Common Stock at target (for which up to 36,431 shares may be earned based on performance).

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 Kappler’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.

These awards were approved by 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260804250533/en/

Investors: Michael Marinaccio, 312.661.4930 or investors@kemper.com
Media: Barbara Ciesemier, 312.661.4521 or bciesemier@kemper.com

Source: Kemper Corporation