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World Kinect Corp (NYSE: WKC) affiliate reports multiple share sales in Form 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

World Kinect Corp reported affiliate share dispositions via a Form 144 notice for common stock, with multiple sales reported by an affiliate between 03/02/2026 and 06/05/2026

The filing lists individual transactions by Michael Kasbar totaling reported sales of 66,700 shares across dates shown and aggregate reported transaction proceeds of $1,887,499.43 in the excerpt.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notice documents proposed affiliate sales and recent dispositions.

The excerpt lists proposed and completed dispositions of Common Stock tied to restricted stock vesting and multiple open-market sales by an affiliate (Michael Kasbar) between 03/02/2026 and 06/05/2026. The filing format is notice-driven and reflects reporting obligations under resale rules.

Cash‑flow treatment and whether the Form 144 covers additional planned sales beyond the listed transactions are not specified in the excerpt; subsequent filings or broker confirmations would state settlement details.

Reported shares sold (sum of listed trades) 66,700 shares aggregate of transactions dated 03/02/2026–06/05/2026 shown in excerpt
Aggregate proceeds (listed transactions) $1,887,499.43 sum of disclosed proceeds for the listed sales by Michael Kasbar
Largest single listed sale 23,653 shares sale on <date>04/24/2026</date> with proceeds $666,600.49
Other listed sale examples 10,000 shares / $291,544.72 sale on <date>06/02/2026</date>
Form type Form 144 notice Notice of proposed sale by an affiliate under resale reporting rules
Form 144 regulatory
"Common Stock ... 06/08/2026 | NYSE 144: Securities To Be Sold"
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
"Vesting of restricted stock unit awards | WORLD KINECT CORP | 03/15/2021"
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.
Resale/affiliate disposition regulatory
"144: Securities Sold During The Past 3 Months ... Michael Kasbar ... Common Stock"
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does World Kinect (WKC) Form 144 show?

It shows proposed and recent affiliate sales of common stock by an affiliate, including multiple reported transactions. The excerpt lists sales by Michael Kasbar between 03/02/2026 and 06/05/2026, with individual share counts and dollar proceeds for each trade.

How many shares did the affiliate report selling?

The excerpt reports a series of sales totaling 66,700 shares across listed trades. Those sales are itemized with dates and dollar proceeds per transaction attributed to Michael Kasbar in the provided text.

Who is the reporting party on the Form 144?

The filing identifies Michael Kasbar as the reporting party for the listed sales. The excerpt attributes each listed transaction and proceeds to Michael Kasbar at the address shown in the notice.

Do these Form 144 entries indicate company-issued shares or vested awards?

Some rows reference vesting of restricted stock unit awards dated 03/15/2021 and 06/15/2021, indicating underlying issuer compensation awards. The filing separately lists resale transactions by the affiliate in the past three months.

Will World Kinect receive proceeds from these sales?

The excerpt does not state who receives the sale proceeds; the listed trades are affiliate dispositions. The Form 144 excerpt provides transaction counts and proceeds amounts but does not allocate proceeds to the issuer in the provided text.