Affiliate sells 10,000 shares — World Kinect (NYSE: WKC) Form 144 notice
Filing Impact
Filing Sentiment
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.
Key Figures
Shares sold (Michael Kasbar): 10,000 shares
Sale proceeds: $250,202.31
RSU vesting (03/26/2025): 10,000 shares
+1 more
4 metrics
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
Key Terms
restricted stock unit, Form 144, vesting
3 terms
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.
FAQ
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.