Flint Christopher Wade 4
Research Summary
AI-generated summary
Kemper (KMPR) EVP Flint Wade Receives Stock Awards
What Happened
Flint Christopher Wade, EVP and President of Kemper Life, received multiple equity awards reported 2026-02-03. The filing shows acquisitions of 1,462 shares (no cash price), 4,739 shares at $38.09 valued at $180,509, and 18,956 shares reported as a derivative award (no cash price). To satisfy tax withholding on vesting, 507 shares were disposed at $38.09 for proceeds of $19,312. These events reflect awards/vestings and a routine tax-withholding share transfer, not an open-market purchase.
Key Details
- Transaction date: 2026-02-03; Form 4 filed 2026-02-05 (filed two days after the transaction, appears timely).
- Reported actions: Acquired 1,462 shares @ $0.00; disposed 507 shares @ $38.09 (≈ $19,312); acquired 4,739 shares @ $38.09 (≈ $180,509); acquired 18,956 derivative shares @ $0.00. Total shares acquired reported = 25,157.
- Shares owned after transaction: not provided in the supplied data.
- Footnotes from the filing:
- F1: Earned under 2023 performance share unit awards.
- F2: Withholding of shares to satisfy tax withholding on vesting.
- F3: Restricted stock units under Kemper’s 2023 Omnibus Plan, subject to vesting/forfeiture rules.
- F4/F5: Derivative relates to options with tandem SARs; option shares vest in three equal annual installments beginning 2/7/27.
- Transaction codes: A = Award/Grant; F = Tax withholding (disposition to cover taxes).
Context
These transactions are award vestings and option/derivative grants (including performance share units and RSUs) rather than open-market buys or discretionary sales. The 507-share disposition was a tax-withholding action (common on vesting) and should not be read the same as an intentional sale for investment reasons. Derivative/option awards include future vesting schedules (starts 2/7/27) per the filing.