Director at KEMPER Corp (NYSE: KMPB) receives 4,730-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Canida Teresa Alvarez reported acquisition or exercise transactions in this Form 4 filing.
KEMPER Corp director Teresa Alvarez received a stock-based award as part of her compensation. On May 6, 2026, she was granted 4,730 shares of Common Stock, reported at $32.77 per share, in the form of restricted stock units under the Kemper Corporation Second A&R 2023 Omnibus Plan. These units are subject to forfeiture and other restrictions until they vest under the plan and award agreement. After this award, Alvarez directly holds 33,251 shares of KEMPER Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Canida Teresa Alvarez
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,730 | $32.77 | $155K |
Holdings After Transaction:
Common Stock — 33,251 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Award size: 4,730 shares
Reported price per share: $32.77/share
Holdings after transaction: 33,251 shares
3 metrics
Award size
4,730 shares
Restricted stock unit grant on May 6, 2026
Reported price per share
$32.77/share
Value used for the RSU award
Holdings after transaction
33,251 shares
Director’s direct common stock ownership post-award
Key Terms
restricted stock units, Kemper Corporation Second A&R 2023 Omnibus Plan, subject to forfeiture, Grant, award, or other acquisition
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.
Kemper Corporation Second A&R 2023 Omnibus Plan financial
"under the Kemper Corporation Second A&R 2023 Omnibus Plan ("Plan"), subject to forfeiture"
subject to forfeiture financial
"subject to forfeiture and other restrictions until vested pursuant to the Plan"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did KEMPER Corp (KMPB) director Teresa Alvarez report on this Form 4?
Director Teresa Alvarez reported receiving a stock-based award from KEMPER Corp. She was granted 4,730 shares of Common Stock as a restricted stock unit award under the company’s omnibus plan, increasing her direct holdings to 33,251 shares after the transaction.
Was the KEMPER Corp (KMPB) transaction by Teresa Alvarez a market purchase or sale?
The transaction was not a market purchase or sale. It is coded as an “A” grant or award acquisition, meaning Alvarez received 4,730 shares as compensation rather than buying or selling shares in the open market.
What plan governed Teresa Alvarez’s restricted stock unit award at KEMPER Corp (KMPB)?
The award was granted under the Kemper Corporation Second A&R 2023 Omnibus Plan. The footnote explains that the restricted stock units are subject to forfeiture and other restrictions until they vest, according to the plan and the related award agreement.