Company Description
Kemper Corporation 5.875% Fixed-Rate Reset Junior Subordinated Debentures due 2062 (KMPB) represent a specific debt security issued by Kemper Corporation, a company in the fire, marine and casualty insurance sector. The KMPB symbol refers to these junior subordinated debentures, which are distinct from Kemper’s common stock and other securities. Investors researching KMPB are looking at a particular layer of Kemper’s capital structure rather than its equity.
According to Kemper Corporation’s recent filings with the U.S. Securities and Exchange Commission, the company is incorporated in Delaware and is identified by IRS employer identification number 95-4255452. The filings list Kemper Corporation as the registrant and reference the A 5.875% Fixed-Rate Reset Junior Subordinated Debentures due 2062 as a separate security class alongside the company’s common stock. These filings also indicate that Kemper Corporation is based in Chicago, Illinois.
Relationship between KMPB and Kemper Corporation
The KMPB debentures are issued by Kemper Corporation and are referenced in multiple Form 8-K and 8-K/A reports. In these reports, the debentures appear as a member item alongside the common stock, confirming that they are part of Kemper’s overall financing structure. While the filings primarily focus on corporate governance, executive changes, and financial reporting, they consistently identify the debentures as an outstanding security of the company.
Corporate governance and management context
Kemper Corporation’s recent Form 8-K filings describe several governance and management developments, including:
- Changes in senior leadership roles, such as the departure of certain executive officers and the appointment of an interim President and Chief Executive Officer.
- Compensatory arrangements for executives, including separation and release agreements for departing officers and retention awards for named executive officers.
- Board-level actions related to leadership transitions and the formation of a committee to identify the company’s next Chief Executive Officer.
These events are reported under Item 5.02 of Form 8-K, which covers the departure and appointment of directors and certain officers, as well as compensatory arrangements. Although these filings focus on management and compensation matters, they also confirm the ongoing reporting status of Kemper Corporation as issuer of the KMPB debentures.
Financial reporting and disclosure
In addition to governance updates, Kemper Corporation has filed Form 8-K reports under Item 2.02, Results of Operations and Financial Condition. One such filing notes that the company issued a press release announcing its financial results for a quarter and made an investor supplement and earnings call presentation available. These materials are furnished as exhibits to the Form 8-K. The same filing identifies Kemper Corporation as the registrant and again references the A 5.875% Fixed-Rate Reset Junior Subordinated Debentures due 2062 as a security class.
Regulatory filings and exhibits
Across the recent 8-K and 8-K/A filings, Kemper Corporation includes exhibits such as press releases, investor supplements, earnings call presentations, and separation and release agreements. The filings also include the required cover page interactive data file. For investors in KMPB, these documents provide context about the issuer’s governance, executive compensation, and financial disclosure practices, which can be relevant when assessing the risk profile of the debentures.
Sector classification
The available data classifies Kemper Corporation within the fire, marine and casualty insurance sector. While the filings provided focus on corporate governance, compensation and periodic financial reporting, this sector classification indicates that the issuer of the KMPB debentures operates in the insurance domain rather than in banking or non-financial industries.
Use of KMPB on Stock Titan
On Stock Titan, the KMPB overview page is designed to help users understand that this symbol corresponds to Kemper Corporation’s 5.875% Fixed-Rate Reset Junior Subordinated Debentures due 2062. The information derived from Kemper’s SEC filings highlights the identity of the issuer, the nature of the security as a junior subordinated debenture, and the corporate and reporting context in which these debentures exist.
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