World Kinect director granted 6,427 RSUs
WORLD KINECT CORP director Gregory F. Piper received a grant of 6,427 shares of common stock in the form of restricted stock units at no purchase price.
Sentiment and the balance of points
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Rhea-AI Filing Summary
WORLD KINECT CORP director Gregory F. Piper received a grant of 6,427 shares of common stock in the form of restricted stock units at no purchase price. After this award, he directly holds 12,164 shares. The restricted stock units will vest on the earlier of the day before the company’s next annual shareholder meeting or the one-year anniversary of the grant date, meaning they convert into shares over time as long as service conditions are met.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,427 | $0.00 | $0.00 |
Footnotes (2)
- F1. These shares were issued as a restricted stock unit grant to the reporting person by the issuer.
- F2. The restricted stock units shall vest on the earlier of (i) the day prior to the annual meeting of the shareholders of the issuer that next follows the grant date or (ii) the one-year anniversary of the grant date.
Key Figures
Key Terms
restricted stock unit financial
grant date financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WORLD KINECT CORP (WKC) report for Gregory F. Piper?
What is the vesting schedule for Gregory F. Piper’s WORLD KINECT CORP restricted stock units?
What does the Form 4 code 'A' mean in WORLD KINECT CORP director Gregory F. Piper’s filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.