WORLD KINECT (WKC) CFO Tejada has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WORLD KINECT CORP Executive Vice President and Chief Financial Officer Jose-Miguel Tejada reported routine share dispositions tied to tax withholding rather than open-market sales. On May 10, 2026, several blocks of vested restricted stock units settled, and the issuer withheld a total of 1,927 shares of common stock at a reference price of $27.07 per share to cover his tax liabilities. The footnotes show separate vesting events of 1,388, 1,471, 1,710, and 1,574 restricted stock units. After these tax-withholding dispositions, Tejada directly holds 43,168 shares of WORLD KINECT CORP common stock, indicating these transactions are compensation- and tax-related rather than discretionary trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Tejada Jose-Miguel
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 435 | $27.07 | $12K |
| Tax Withholding | Common Stock | 462 | $27.07 | $13K |
| Tax Withholding | Common Stock | 536 | $27.07 | $15K |
| Tax Withholding | Common Stock | 494 | $27.07 | $13K |
Holdings After Transaction:
Common Stock — 43,168 shares (Direct, null)
Footnotes (1)
- 1,388 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units. The price shown is the closing price for the issuer's common stock on the NYSE on May 8, 2026. 1,471 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units. 1,710 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units. 1,574 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
Key Figures
Tax-withheld shares: 1,927 shares
Reference share price: $27.07 per share
Shares held after transaction: 43,168 shares
+4 more
7 metrics
Tax-withheld shares
1,927 shares
Common stock withheld for tax liabilities on May 10, 2026
Reference share price
$27.07 per share
Closing price on NYSE on May 8, 2026
Shares held after transaction
43,168 shares
Direct common stock holdings after tax-withholding dispositions
RSU vesting tranche
1,388 units
Restricted stock units vested and settled on May 10, 2026
RSU vesting tranche
1,471 units
Restricted stock units vested and settled on May 10, 2026
RSU vesting tranche
1,710 units
Restricted stock units vested and settled on May 10, 2026
RSU vesting tranche
1,574 units
Restricted stock units vested and settled on May 10, 2026
Key Terms
restricted stock units, tax liability, withheld the reported shares, closing price
4 terms
restricted stock units financial
"1,388 restricted stock units held by the reporting person vested and settled on May 10, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units."
closing price financial
"The price shown is the closing price for the issuer's common stock on the NYSE on May 8, 2026."
FAQ
What did WORLD KINECT CORP (WKC) CFO Jose-Miguel Tejada report in this Form 4?
Jose-Miguel Tejada reported share dispositions related to tax withholding, not open-market selling. The company withheld shares that came from vested restricted stock units to cover his tax liabilities associated with equity compensation delivered on May 10, 2026.
Were Jose-Miguel Tejada’s WORLD KINECT CORP (WKC) transactions open-market sales?
No, the transactions are coded as tax-withholding dispositions, not open-market sales. Shares were withheld by WORLD KINECT CORP when restricted stock units vested, with the retained shares used to pay Tejada’s tax obligations on this equity compensation.
What restricted stock unit activity did WORLD KINECT CORP (WKC) disclose for Jose-Miguel Tejada?
The filing notes vesting and settlement of several restricted stock unit grants for Tejada, including tranches of 1,388, 1,471, 1,710, and 1,574 units. A portion of the resulting shares was withheld by the company to cover the associated tax liabilities.