World Kinect officer may sell $354K in stock
WORLD KINECT CORP officer Michael Kasbar has filed a Rule 144 notice to potentially sell 10,000 shares of common stock acquired via equity compensation.
Rhea-AI Filing Summary
WORLD KINECT CORP (WKC) is the issuer for a planned resale by officer Michael Kasbar under Rule 144. The notice covers the proposed sale of 10,000 shares of common stock, with an approximate aggregate market value of $353,962.98, acquired through vesting of restricted stock unit awards on March 28, 2025.
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Key Figures
Shares proposed for sale: 10,000 shares
Approximate market value of shares proposed for sale: $353,962.98
Acquisition date of shares to be sold: March 28, 2025
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6 metrics
Shares proposed for sale
10,000 shares
Common stock covered by the Rule 144 notice for WORLD KINECT CORP
Approximate market value of shares proposed for sale
$353,962.98
Aggregate market value for 10,000 common shares in the planned Rule 144 transaction
Acquisition date of shares to be sold
March 28, 2025
Vesting date of restricted stock unit awards that generated the 10,000 shares
Sale on April 24, 2026
23,653 shares for $666,600.49
Common stock sale by Michael Kasbar disclosed for the prior three months
Sale on July 10, 2026
25,000 shares for $875,935.25
Common stock sale by Michael Kasbar disclosed for the prior three months
Sale on August 3, 2026
10,000 shares for $394,146.64
Common stock sale by Michael Kasbar disclosed for the prior three months
Key Terms
Rule 144, restricted stock unit awards, issuer equity compensation plan
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
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.
restricted stock unit awards financial
"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.
issuer equity compensation plan financial
"Granted as part of issuer equity compensation plan"
FAQ
What does the Form 144 filing mean for WORLD KINECT CORP (WKC)?
The filing states that officer Michael Kasbar may sell 10,000 shares of WORLD KINECT CORP common stock under Rule 144. These shares were acquired through vesting of restricted stock unit awards on March 28, 2025 as part of an issuer equity compensation plan.
What prior WORLD KINECT CORP (WKC) stock sales by Michael Kasbar are disclosed?
The filing lists common stock sales by Michael Kasbar between April 24, 2026 and August 3, 2026, including transactions of 23,653 shares for $666,600.49 on April 24, 2026 and 25,000 shares for $875,935.25 on July 10, 2026, among other smaller trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.