STOCK TITAN

World Kinect (NYSE: WKC) chair withholds shares to cover RSU taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WORLD KINECT CORP Executive Chairman Michael J. Kasbar reported routine share dispositions related to tax withholding, not open-market trades. On March 15, 2026, restricted stock units totaling 25,032 and 21,459 vested and settled, and the issuer withheld 18,296 common shares at $22.80 per share to cover associated tax liabilities. After these transactions, Kasbar held a little over 1.09 million shares directly and 1,340 shares indirectly through his spouse, indicating he retains a substantial equity stake.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KASBAR MICHAEL J

(Last) (First) (Middle)
C/O WORLD KINECT CORPORATION
9800 N.W. 41ST STREET

(Street)
MIAMI FL 33178

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WORLD KINECT CORP [ WKC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/15/2026 F 9,851(1) D $22.8(2) 1,102,482 D
Common Stock 03/15/2026 F 8,445(3) D $22.8(2) 1,094,037 D
Common Stock 1,340 I By Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 25,032 restricted stock units held by the reporting person vested and settled on March 15, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
2. The price shown is the closing price of the issuer's common stock on the NYSE on March 13, 2026.
3. 21,459 restricted stock units held by the reporting person vested and settled on March 15, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
/s/ Jeffrey Weissman, as Attorney-in-Fact 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did WORLD KINECT CORP Executive Chairman Michael Kasbar report in this Form 4 for WKC?

Michael Kasbar reported routine tax-withholding share dispositions rather than open-market trades. Restricted stock units vested and settled, and the issuer withheld 18,296 common shares at $22.80 per share to satisfy his tax liabilities on those equity awards.

How many WORLD KINECT CORP restricted stock units vested for Michael Kasbar?

Two tranches of restricted stock units vested for Michael Kasbar. Awards of 25,032 and 21,459 restricted stock units vested and settled on March 15, 2026, triggering the related tax-withholding share dispositions disclosed in this Form 4 filing for WORLD KINECT CORP (WKC).

Were Michael Kasbar’s WKC Form 4 transactions open-market sales of WORLD KINECT CORP stock?

No, the Form 4 transactions were tax-withholding dispositions, not open-market sales. WORLD KINECT CORP withheld 18,296 common shares at $22.80 per share to cover Kasbar’s tax obligations on vested restricted stock units, a common equity compensation practice.

What is Michael Kasbar’s WORLD KINECT CORP share ownership after these Form 4 transactions?

After the reported transactions, Michael Kasbar directly owns a little over 1.09 million WORLD KINECT CORP common shares and indirectly holds 1,340 shares through his spouse. These figures show he maintains a substantial continuing equity position in WKC following the tax-withholding events.

What price per share was used for the tax-withholding dispositions in Michael Kasbar’s WKC filing?

The tax-withholding dispositions used a price of $22.80 per share. A footnote explains this was the closing price of WORLD KINECT CORP common stock on the NYSE on March 13, 2026, which was applied to the 18,296 withheld shares.
World Kinect

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1.16B
49.13M
Oil & Gas Refining & Marketing
Wholesale-petroleum & Petroleum Products (no Bulk Stations)
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United States
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