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Affiliate sells 10,000 shares — World Kinect (NYSE: WKC) Form 144 notice

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

Rhea-AI Filing Summary

World Kinect Corp. submitted a Form 144 notice reporting proposed and recent transactions in its common stock. The filing lists restricted stock unit vestings of 10,000 shares on 03/26/2025 and 13,653 shares on 03/15/2021, and a reported sale of 10,000 shares by Michael Kasbar on 03/02/2026 for $250,202.31.

Positive

  • None.

Negative

  • None.

Insights

Notice lists recent sale and prior RSU vestings; routine disclosure by an affiliate.

The filing records a 10,000-share open-market sale on 03/02/2026 for $250,202.31 and earlier RSU vesting events totaling 23,653 shares across two dates. This is a regulatory notice of affiliate transactions.

Cashflow recipient and further disposition plans are not stated in the excerpt; subsequent SEC filings or broker records would show execution details.

Shares sold (Michael Kasbar) 10,000 shares Sale reported on 03/02/2026
Sale proceeds $250,202.31 Proceeds from 10,000-share sale on 03/02/2026
RSU vesting (03/26/2025) 10,000 shares Vesting of restricted stock unit awards on 03/26/2025
RSU vesting (03/15/2021) 13,653 shares Vesting of restricted stock unit awards on 03/15/2021
restricted stock unit financial
"Vesting of restricted stock unit awards"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Form 144 regulatory
"Filer Information | 144: Filer Information"
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.
vesting financial
"Vesting of restricted stock unit awards | 03/26/2025"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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's Form 144 disclose about recent share sales?

It discloses an affiliate sale of 10,000 common shares by Michael Kasbar on 03/02/2026 for $250,202.31. This notice records the proposed or completed sale by an affiliate rather than company-issued shares.

How many restricted stock units vested according to the Form 144 excerpt?

The excerpt lists RSU vesting of 10,000 shares on 03/26/2025 and 13,653 shares on 03/15/2021. Both entries are labeled as granted under the issuer's equity compensation plan.

Who is the selling party named in the filing and what was the sale amount?

The filing names Michael Kasbar as the seller and shows a sale of 10,000 shares on 03/02/2026 that produced $250,202.31 in proceeds, as reported in the excerpt.

Does the Form 144 indicate proceeds go to the company or selling holder?

The excerpt does not state use of proceeds. The sale listed attributes shares to an affiliate seller, which generally implies proceeds are received by the selling holder unless the filing explicitly says otherwise.