World Kinect chair sells 10,000 shares
WORLD KINECT CORP Executive Chairman Michael J. Kasbar reported an open-market sale of 10,000 shares of common stock at a weighted-average price of $25.02 per share.
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Rhea-AI Filing Summary
WORLD KINECT CORP Executive Chairman Michael J. Kasbar reported an open-market sale of 10,000 shares of common stock at a weighted-average price of $25.02 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 24, 2025. After this transaction, he directly holds 1,112,333 shares, with an additional 1,340 shares held indirectly by his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $25.02 | $250K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted on November 24, 2025.
- F2. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $25.00 to $25.07, inclusive. The reporting person undertakes to provide the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each separate price within the specified range.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WORLD KINECT CORP (WKC) disclose on this Form 4?
Was the WKC insider sale by Michael J. Kasbar under a Rule 10b5-1 plan?
What portion of Michael J. Kasbar’s WKC holdings were sold in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.