Director Jason Gorevic granted 4,730 Kemper (NYSE: KMPR) RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gorevic Jason N reported acquisition or exercise transactions in this Form 4 filing.
Director Jason N. Gorevic received a grant of 4,730 shares of Kemper Corp common stock valued at $32.77 per share. The award is in the form of restricted stock units under the Kemper Corporation Second A&R 2023 Omnibus Plan and is subject to forfeiture and other restrictions until it vests. After this grant, Gorevic directly holds 26,802 shares of Kemper common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gorevic Jason N
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,730 | $32.77 | $155K |
Holdings After Transaction:
Common Stock — 26,802 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 4,730 shares
Grant price: $32.77 per share
Holdings after grant: 26,802 shares
3 metrics
RSU grant size
4,730 shares
Restricted stock unit award to director Jason N. Gorevic
Grant price
$32.77 per share
Transaction price per share for the RSU award
Holdings after grant
26,802 shares
Total Kemper common shares directly owned after the award
Key Terms
restricted stock units, Second A&R 2023 Omnibus Plan, subject to forfeiture, award agreement
4 terms
restricted stock units financial
"Award of restricted stock units under the Kemper Corporation Second A&R 2023 Omnibus Plan"
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.
Second A&R 2023 Omnibus Plan financial
"under the Kemper Corporation Second A&R 2023 Omnibus Plan ("Plan")"
subject to forfeiture financial
"subject to forfeiture and other restrictions until vested pursuant to the Plan"
award agreement financial
"until vested pursuant to the Plan and the award agreement"
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.
FAQ
What insider transaction did Kemper (KMPR) director Jason Gorevic report?
Jason Gorevic reported receiving 4,730 restricted shares of Kemper common stock. The Form 4 shows an award of restricted stock units under Kemper’s 2023 Omnibus Plan, valued at $32.77 per share, increasing his direct holdings to 26,802 shares after the grant.
Was Jason Gorevic’s Kemper (KMPR) transaction a purchase or an award?
The Kemper transaction was an equity award, not an open-market purchase. Gorevic received 4,730 restricted stock units granted under the company’s Second A&R 2023 Omnibus Plan, described as a grant or award acquisition rather than a buy order in the market.
What are the key terms of Jason Gorevic’s Kemper (KMPR) restricted stock units?
The 4,730 awarded units are subject to forfeiture and other restrictions until vested. The footnote states they were granted under Kemper’s Second A&R 2023 Omnibus Plan and are governed by that plan and a specific award agreement outlining vesting conditions.