Kemper Corp Enters Material Definitive Agreement

TL;DR

KMPR signed a big deal, details TBD.

AI Summary

Kemper Corporation (KMPR) announced on August 13, 2025, that it entered into a material definitive agreement. The filing does not disclose specific details of the agreement, the counterparty, or any associated financial figures. Further information is expected to be provided in subsequent filings or disclosures.

Why It Matters

This filing indicates a significant business transaction for Kemper Corporation, which could impact its future operations, financial performance, and stock value.

Risk Assessment

Risk Level: medium — The lack of specific details in this 8-K filing regarding the material definitive agreement introduces uncertainty about its nature and potential impact.

Key Players & Entities

• Kemper Corporation (company) — Registrant
• KMPR (company) — Ticker Symbol
• August 13, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.10 — ich registered Common Stock, par value $0.10 per share KMPR NYSE 5.875% Fixed-Rate
• $150 million — the ASR Agreement, the Company will pay $150 million to repurchase its common stock from GS&

Filing Documents

• kmpr-20250813.htm (8-K) — 34KB
• kmpr202508132025ex991accel.htm (EX-99.1) — 7KB
• kemperlogocolorwebfinala05.jpg (GRAPHIC) — 29KB
• 0000860748-25-000194.txt ( ) — 244KB
• kmpr-20250813.xsd (EX-101.SCH) — 3KB
• kmpr-20250813_def.xml (EX-101.DEF) — 9KB
• kmpr-20250813_lab.xml (EX-101.LAB) — 30KB
• kmpr-20250813_pre.xml (EX-101.PRE) — 20KB
• kmpr-20250813_htm.xml (XML) — 4KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On August 13, 2025, Kemper Corporation, a Delaware corporation (the "Company"), entered into a Master Confirmation Agreement and Supplemental Confirmation (the "ASR Agreement") with Goldman Sachs & Co. LLC ("GS&Co.") as part of the Company's previously announced share repurchase programs. Pursuant to the ASR Agreement, the Company will pay $150 million to repurchase its common stock from GS&Co. The total number of shares that will be repurchased will be determined based on a measure of the daily volume weighted average market price of the Company's common stock ("VWAP") over the contract term, less a discount and subject to certain potential adjustments pursuant to the ASR Agreement. Initially, GS&Co. has agreed to deliver 2,279,203 shares of the Company's common stock to the Company on August 14, 2025. At the completion of the program, which is expected to occur in the fourth quarter of this year, the Company may be entitled to receive additional shares of its common stock from GS&Co., or, under certain circumstances, may be required to make a cash payment or, at the Company's option, deliver shares to GS&Co. The ASR Agreement contains the principal terms and provisions governing the accelerated share repurchase transaction, including, but not limited to, the methodology used to determine the number of shares to be repurchased, the timing of share deliveries and cash payments, the circumstances under which GS&Co. is permitted to make adjustments to valuation and calculation periods and various representations and warranties made by the Company and GS&Co. to one another. The ASR Agreement also provides that GS&Co. can terminate the transaction early, following the occurrence of certain specified events, including major corporate transactions involving the Company. The Company will pay the aggregate purchase price of $150 million to GS&Co. on August 14, 2025, when the initial delivery of 2,279,203 shares fr

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On August 13, 2025, the Company issued a press release announcing the accelerated share repurchase program described above and the execution of the ASR Agreement (as defined above). The press release is attached as Exhibit 99.1 to this report and is incorporated herein by reference. The information furnished under Item 7.01 and Item 9.01 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities under that Section, nor shall it be deemed incorporated by reference in any registration statement or other filings of the Company under the Securities Act of 1933, as amended, except as shall be set forth by specific reference in such filing. Section 9 – Financial Statements and Exhibits

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Description 99.1 Press release of the Registrant dated August 13 , 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Kemper Corporation Date: August 13, 2025 /s/ C. Thomas Evans, Jr. C. Thomas Evans, Jr. Executive Vice President, Secretary and General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR