STOCK TITAN

WKC (NYSE: WKC) affiliate reports sales totaling 65,000 shares

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

Rhea-AI Filing Summary

World Kinect Corp affiliate reports proposed resale of common stock. The filing shows Michael Kasbar reported multiple sales of Common Stock between 04/24/2026 and 06/08/2026, totaling 65,000 shares and proceeds of approximately $1,869,673.67. Several sales were recorded as vesting or RSU-related grants on 03/14/2025 and 06/15/2021.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notifies the market of affiliate resale activity; it does not itself complete sales.

Form 144 is a regulatory notice required for certain affiliates prior to public resale. The entries list sale dates and amounts; total reported here is $1,869,673.67 across 65,000 shares.

Timing and execution depend on market transactions and compliance with transfer rules; subsequent trade confirmations or Form 4 filings may show final settlement.

The disclosed sales represent a visible affiliate distribution but are routine in nature.

The record lists multiple transactions from late April through early June 2026, with individual trades ranging from 500 to 23,653 shares. Aggregate sale proceeds are shown as approximately $1.87M.

These entries are transactional records; market impact depends on broader liquidity and are not an earnings or corporate-action signal in this excerpt.

Form Type Form 144 Notice of proposed resale by an affiliate
Total shares reported sold 65,000 shares Aggregate of listed transactions from 04/24/2026 to 06/08/2026
Aggregate proceeds $1,869,673.67 Sum of proceeds reported for the listed trades
Largest single reported sale 23,653 shares Trade dated <date>04/24/2026</date> with proceeds <money>$666,600.49</money>
Example smaller sale 500 shares Trade dated <date>05/05/2026</date> with proceeds <money>$13,750.00</money>
Form 144 regulatory
"The filing lists multiple sales and trade dates under "Securities Sold During The Past 3 Months""
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
"Entries reference "Vesting of restricted stock unit awards" with grant dates"
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.
affiliate regulatory
"Sales are reported for Michael Kasbar, indicating affiliate resale reporting"
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Learn about SEC filing dates

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 the WKC Form 144 filing mean?

It notifies the SEC and market of proposed affiliate resales. The filing lists 65,000 shares sold between 04/24/2026 and 06/08/2026, with aggregate proceeds of $1,869,673.67. It is a notice, not a sale confirmation.

Who is the reporting party in the WKC filing?

The filing identifies Michael Kasbar as the reporting affiliate. The records show multiple Common Stock transactions attributed to him across specific trade dates in 2026 with amounts and proceeds listed per trade.

How many shares and proceeds are reported in the WKC Form 144?

The entries total 65,000 shares sold and aggregate proceeds of approximately $1,869,673.67. Individual trade amounts and proceeds are listed for each date between 04/24/2026 and 06/08/2026.

Do these Form 144 entries change WKC's outstanding share count?

No direct change is stated. The filing lists resale transactions by an affiliate; it does not state shares outstanding or any issuer-side issuance. Outstanding share counts are not provided in the excerpt.