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World Kinect officer proposes $364K share sale

The notice also lists five earlier common-stock sales between July 2 and October 2, 2026, including one 25,000-share sale.

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Form Type
144

Rhea-AI Filing Summary

World Kinect Corp. officer Michael Kasbar reported a proposed sale of 10,000 common shares, with an aggregate market value of $364,106.11; the listed sale date is November 2, 2026, and Merrill Lynch is named as broker. The shares are listed as arising from restricted stock unit awards granted March 14, 2025. The notice also lists five prior sales from July 2 through October 2, 2026, including a sale of 25,000 shares on July 10.

Proposed common shares for sale 10,000 shares Listed sale date: November 2, 2026
Aggregate market value $364,106.11 Proposed sale of 10,000 common shares
Issuer shares outstanding 51,151,620 shares As of November 2, 2026
Common shares sold 25,000 shares Michael Kasbar sale on July 10, 2026
Gross proceeds $875,935.25 Michael Kasbar sale on July 10, 2026
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"
Rule 144 regulatory
"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many WKC shares did Michael Kasbar report for sale?

Michael Kasbar reported a proposed sale of 10,000 common shares, with an aggregate market value of $364,106.11.

How did Michael Kasbar acquire the WKC shares listed for sale?

The 10,000 common shares are listed as arising from the vesting of restricted stock unit awards granted March 14, 2025, as part of World Kinect Corp.'s issuer equity compensation plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

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