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8-K

KEMPER Corp (KMPR)

8-K 2025-05-08 For: 2025-05-07
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 7, 2025

Kemper Corporation

(Exact name of registrant as specified in its charter)

Commission File Number: 001-18298

DE 95-4255452
(State or other jurisdiction<br>of incorporation) (IRS Employer<br>Identification No.)

200 E. Randolph Street, Suite 3300, Chicago, IL 60601

(Address of principal executive offices, including zip code)

312-661-4600

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2.below):

| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | | --- | --- || ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | | --- | --- || ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | | --- | --- || ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | | --- | --- |

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.10 per share KMPR NYSE
5.875% Fixed-Rate Reset Junior Subordinated Debentures due 2062 KMPB NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition

period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of

the Exchange Act.    ¨

Section 5 – Corporate Governance and Management

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Effective May 7, 2025, upon approval by the shareholders at the 2025 Annual Meeting of Shareholders of Kemper Corporation, Kemper Corporation, a Delaware corporation (the “Company”), adopted the Second Amended and Restated Kemper Corporation 2023 Omnibus Plan (the “Second A&R Plan”). The Second A&R Plan increased the total number of shares of common stock authorized for issuance by 625,000 shares. A description of the material terms of the Second A&R Plan is set forth under the heading “Summary Description of the Second A&R Plan” in the Company’s proxy statement (the “Proxy Statement”) filed with the Securities and Exchange Commission on March 26, 2025, which description is hereby incorporated into this Item 5.02 by reference. The text of the Second A&R Plan is set forth in Appendix B to the Proxy Statement, which text is hereby incorporated into this Item 5.02 by reference. The Second A&R Plan is also incorporated by reference as Exhibit 10.1 to this Current Report on Form 8-K.

Item 5.07. Submission of Matters to a Vote of Security Holders.

The Annual Meeting of Shareholders of the Company was held on Wednesday, May 7, 2025 to vote on four (4) proposals, for which the final vote results are set forth below.

Proposal 1: Election of Directors.

Shareholders elected each of the ten (10) nominees named in the Proxy Statement for director. Vote results were as follows:

Nominees For Against Abstain Broker Non-Votes
Teresa A. Canida 50,501,070 334,592 62,952 7,194,398
George N. Cochran 49,710,089 1,121,444 67,081 7,194,398
Jason N. Gorevic 50,037,680 800,590 60,344 7,194,398
Lacy M. Johnson 49,942,823 878,537 77,254 7,194,398
Joseph P. Lacher, Jr. 49,407,713 344,900 1,146,001 7,194,398
Gerald Laderman 50,341,620 496,061 60,933 7,194,398
Suzet M. McKinney 50,204,822 627,575 66,217 7,194,398
Alberto J. Paracchini 50,445,556 392,237 60,821 7,194,398
Stuart B. Parker 50,473,713 364,579 60,322 7,194,398
Susan D. Whiting 49,971,604 855,570 71,440 7,194,398

Proposal 2: Advisory vote to approve the compensation of the Company’s Named Executive Officers.

A majority of shareholders voted, on an advisory basis, to approve the compensation of the Company’s Named Executive Officers. Vote results were as follows:

For Against Abstain Broker Non-Votes
41,560,104 9,178,483 160,027 7,194,398

Proposal 3: Vote to approve the Company’s Second Amended and Restated 2023 Omnibus Plan.

A majority of shareholders voted in favor of the Company’s Second Amended and Restated 2023 Omnibus Plan. Vote results were as follows:

For Against Abstain Broker Non-Votes
49,070,285 1,616,260 212,069 7,194,398

Proposal 4: Advisory vote to ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2025.

A majority of shareholders voted, on an advisory basis, to ratify the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2025. Vote results were as follows:

For Against Abstain
56,743,856 1,240,522 108,634

Section 9 – Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number Exhibit Description
10.1 Second Amended and Restated Kemper Corporation 2023 Omnibus Plan (incorporated by reference from Appendix B to the Proxy Statement filed on March 26, 2025)
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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: May 8, 2025 /s/    C. Thomas Evans, Jr.
C. Thomas Evans, Jr.
Executive Vice President, Secretary and General Counsel