Kemper Corp (NYSE: KMPR) director receives 6,188 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kemper Corp director Anthony J. DeSantis reported an equity award of 6,188 shares of Common Stock. The award is based on a grant date value of $155,000, using a value of $25.05 per share under the Kemper Corporation 2023 Second Amended and Restated Equity Plan.
These shares are structured as restricted stock units that are subject to forfeiture and other restrictions as provided in the plan and the related award agreement. Following this grant, DeSantis holds 6,188 shares directly, reflecting a compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DeSantis Anthony J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,188 | $25.05 | $155K |
Holdings After Transaction:
Common Stock — 6,188 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 6,188 shares
Grant date value: $155,000
Per-share grant value: $25.05 per share
+1 more
4 metrics
Shares granted
6,188 shares
Restricted stock unit award reported on Form 4
Grant date value
$155,000
Value of RSU award under 2023 equity plan
Per-share grant value
$25.05 per share
Basis for calculating $155,000 grant date value
Post-transaction holdings
6,188 shares
Total Common Stock held directly after grant
Key Terms
restricted stock units, grant date value, Equity Plan, subject to forfeiture
4 terms
restricted stock units financial
"Award of restricted stock units based on a grant date value of $155,000"
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.
grant date value financial
"restricted stock units based on a grant date value of $155,000"
Equity Plan financial
"under the Kemper Corporation 2023 Second Amended and Restated Equity Plan ("Plan")"
An equity plan is a company program that gives employees, executives or directors a stake in the business through stock, stock options or similar ownership awards, like handing out slices of a pie to people who help bake it. It matters to investors because these grants can motivate key personnel and align their interests with shareholders, but they also increase the number of shares over time and can dilute existing ownership and affect reported earnings.
subject to forfeiture financial
"subject to forfeiture and other restrictions as provided for in the Plan"
FAQ
What did Anthony J. DeSantis report in his latest Kemper Corp (KMPR) Form 4?
Anthony J. DeSantis reported receiving an equity award of 6,188 shares of Kemper Corp Common Stock. The grant is a compensation-related acquisition under the 2023 equity plan, not an open-market purchase, and is subject to forfeiture and other restrictions.
What is the value of Anthony J. DeSantis’s new Kemper Corp (KMPR) equity award?
The award is based on a grant date value of $155,000 for Anthony J. DeSantis. This value is calculated using $25.05 per share for 6,188 restricted stock units granted under Kemper’s 2023 Second Amended and Restated Equity Plan.
Was Anthony J. DeSantis’s Kemper Corp (KMPR) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant, not an open-market purchase. The transaction code "A" indicates a grant or award, and the footnote clarifies it is an award of restricted stock units under Kemper’s 2023 equity incentive plan.
What restrictions apply to Anthony J. DeSantis’s new Kemper Corp (KMPR) restricted stock units?
The restricted stock units are subject to forfeiture and other restrictions. These terms are governed by the Kemper Corporation 2023 Second Amended and Restated Equity Plan and the specific award agreement associated with this $155,000 grant.