World Kinect Corp (WKC) insider files to sell 25,000 shares under Rule 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
WORLD KINECT CORP insider Michael Kasbar filed a notice to sell common stock under Rule 144. The filing lists a proposed sale of 25,000 shares of common stock through Merrill Lynch, with an aggregate market value of $875,935.25, to be traded on the NYSE. The shares relate to restricted stock unit awards that vested on 03/14/2025 and were granted as part of the issuer’s equity compensation plan. The filing also details several prior open-market sales of WORLD KINECT CORP common stock by Kasbar over the past three months, including transactions in April, May, June, and early July 2026 with varying share amounts and proceeds.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares to be sold: 25,000 shares
Aggregate market value of proposed sale: $875,935.25
Vesting date of RSU awards: 03/14/2025
+4 more
7 metrics
Proposed shares to be sold
25,000 shares
Common Stock proposed for sale under Rule 144
Aggregate market value of proposed sale
$875,935.25
Estimated value of 25,000 shares of Common Stock
Vesting date of RSU awards
03/14/2025
Vesting of restricted stock unit awards related to the shares
Sale on 04/24/2026
23,653 shares; $666,600.49
Common Stock sold by Michael Kasbar during past three months
Sale on 05/04/2026
10,000 shares; $271,071.33
Common Stock sold by Michael Kasbar during past three months
Sale on 06/08/2026
19,300 shares; $582,371.55
Common Stock sold by Michael Kasbar during past three months
Sale on 07/02/2026
10,000 shares; $333,780.81
Common Stock sold by Michael Kasbar during past three months
Key Terms
Form 144, restricted stock unit awards, equity compensation plan, Rule 144
4 terms
Form 144 regulatory
"144: Securities Information Common Stock | Merrill Lynch"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
restricted stock unit awards financial
"Common Stock | 03/14/2025 | Vesting of restricted stock unit awards"
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
equity compensation plan financial
"Granted as part of issuer equity compensation plan"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
Rule 144 regulatory
"144: Securities To Be Sold Common Stock"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
FAQ
What does the Form 144 filing by WORLD KINECT CORP (WKC) insider disclose?
The filing discloses that insider Michael Kasbar plans to sell 25,000 shares of WORLD KINECT CORP common stock under Rule 144, linked to vested restricted stock units from the company’s equity compensation plan.
What prior WORLD KINECT CORP (WKC) stock sales by Michael Kasbar are listed in the last three months?
The filing lists several prior sales, including 23,653 shares on 04/24/2026, 10,000 shares on 05/04/2026, and 19,300 shares on 06/08/2026, among other smaller transactions with specified proceeds.
What were the approximate proceeds from recent WORLD KINECT CORP (WKC) stock sales reported by Michael Kasbar?
Reported proceeds include $666,600.49 from the 04/24/2026 sale of 23,653 shares, $271,071.33 from the 05/04/2026 sale of 10,000 shares, and $333,780.81 from the 07/02/2026 sale of 10,000 shares.