World Kinect SEC Filings

World Kinect Corporation amended its credit facility to adjust size, pricing, and tenor. The amendment increases the aggregate revolving credit commitments from $1.50 billion to $1.65 billion and replaces the existing $500 million term loan with a new $350 million term loan, maintaining total borrowing capacity at $2.0 billion.

The loans’ pricing was modified: Term SOFR and Alternative Currency Loans carry a margin of 1.5%–2.125%, and Base Rate Loans carry 0.5%–1.125%, in each case based on a defined consolidated total leverage ratio. Commitment fees were lowered to a 0.225%–0.300% range. Maturity was extended from April 1, 2027 to November 10, 2030, with a one-time one-year extension option subject to specified conditions.

Proceeds from the New Term Loan, plus approximately $93 million of cash on hand, were used to repay all amounts outstanding under the Original Term Loan and to pay related fees and expenses. The facility includes customary events of default.

World Kinect Corp (WKC) insider filed a Form 4 reporting routine equity award activity. On November 10, 2025, 833 and 802 restricted stock units vested and settled. To cover associated taxes, the issuer withheld 203 and 196 shares, respectively, at a price equal to the NYSE closing price of $25.58 on that date.

The reporting person, an officer (SVP & Chief Accounting Officer), reported 12,490 shares beneficially owned following the transactions. These entries reflect tax withholding and not open‑market sales.

World Kinect Corp (WKC) reported insider activity by its EVP and Chief Financial Officer related to restricted stock unit vesting. On November 10, 2025, the company withheld 435 shares and 462 shares of common stock (transaction code F) to cover taxes arising from RSUs that vested and settled the same day. The withholding price used was $25.58, the NYSE closing price on that date. Following these transactions, the officer directly beneficially owned 34,831 shares.

Brandes Investment Partners, L.P. filed a Schedule 13G disclosing beneficial ownership of 2,938,674.70 World Kinect Corp (WKC) common shares, representing 5.29% of the class as of 09/30/2025.

The filer reports 0 sole voting and dispositive power, with 2,181,391.20 shares under shared voting power and 2,938,674.70 shares under shared dispositive power. The reporting person is identified as an investment adviser and partnership (IA, PN). The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

World Kinect Corp (WKC) filed a Form 3 disclosing initial beneficial ownership by a senior officer. The reporting person serves as SVP & Chief Accounting Officer. As of the event date 11/01/2025, the filing reports ownership of 12,889 shares of common stock, held directly.

The Form 3 was signed by /s/ Joel M. Williams, Attorney-in-Fact on 11/05/2025.

World Kinect Corporation announced a planned leadership transition and board expansion. The Board appointed Andrea B. Smith as director effective Oct 24, 2025, increasing the Board from 10 to 11, with service on the Compensation and Governance Committees. The by‑laws were amended to increase authorized directors to enable these appointments. Ms. Smith will receive standard non‑employee director compensation, including RSUs pro‑rated from a $185,000 annual equity grant that vest before the 2026 annual meeting or one year from grant.

Effective Jan 1, 2026, Ira M. Birns will become Chief Executive Officer and join the Board; Michael J. Kasbar will become Executive Chairman. John Rau will become President on the same date. Jose‑Miguel (Mike) Tejada was appointed EVP and Chief Financial Officer effective Oct 24, 2025 (after the Q3 10‑Q filing) and will serve as principal accounting officer until Nov 1, 2025, when Michael Kroll becomes Chief Accounting Officer. Disclosed compensation includes: CEO base salary $900,000 (Birns), Executive Chairman $850,000 (Kasbar), President $800,000 (Rau), CFO $575,000 (Tejada) plus a $300,000 performance‑based RSU tied to average adjusted EPS through Dec 31, 2027.

World Kinect Corp (WKC) reported an insider equity award. A director acquired 4,259 shares of common stock on 10/24/2025 at $0.00, issued as a restricted stock unit (RSU) grant. Following the transaction, the director beneficially owns 4,259 shares directly.

The RSUs vest on the earlier of the day prior to the next annual shareholder meeting or the one-year anniversary of the grant date.

World Kinect Corp (WKC) received an initial Form 3 reporting beneficial ownership tied to an event on 10/24/2025. The reporting person is identified as a Director and disclosed no securities beneficially owned.

The submission was filed by one reporting person.

World Kinect Corporation filed its Q3 2025 report, showing a profitable quarter but a year-to-date loss driven by non-cash charges and a divestiture loss.

For Q3 2025, revenue was $9,391.8 million with gross profit of $249.6 million. Net income attributable to World Kinect was $25.7 million, or $0.46 per diluted share. Year to date, revenue totaled $27,887.6 million and the company reported a net loss of $334.7 million, primarily reflecting $443.1 million of goodwill and other asset impairments, including a $359.0 million goodwill impairment in the land segment, and a pre-tax loss of $81.7 million on the Watson Fuels sale.

Cash and cash equivalents were $473.6 million as of September 30, 2025. Long-term debt was $766.6 million, including $342.7 million of convertible notes. The company agreed to acquire Universal Weather and Aviation’s Trip Support Services for approximately $220 million, subject to closing conditions. Shares outstanding were 55,558,773 as of October 17, 2025.