Form 4: Kemper Corp Executive Charles Tipton Brooks Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Charles Tipton Brooks, EVP of Operations & Systems at Kemper Corp, disposed of 374 shares of common stock on January 31, 2025, to cover tax withholding obligations.
Summary
- On January 31, 2025, Charles Tipton Brooks, an EVP at Kemper Corp, disposed of 374 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations upon the vesting of restricted stock units.
- The price per share was $67.18.
- Following the transaction, Brooks directly owns 26,980 shares of Kemper Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to stock awards.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock disposal transaction. |
| 02/03/2025 | Date of signature on the Form 4 filing. |
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