STOCK TITAN

Director Ken Bakshi receives 7,070-share RSU award at World Kinect (WKC)

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

Rhea-AI Filing Summary

BAKSHI KEN reported acquisition or exercise transactions in this Form 4 filing.

WORLD KINECT CORP director Ken Bakshi received a stock-based compensation award, not an open‑market purchase. He was granted 7,070 shares of common stock as a restricted stock unit grant at a stated price of $0.00 per share. Following this award, he directly holds 59,306 shares of common stock. The restricted stock units will vest on the earlier of the day before the next annual shareholder meeting after the grant date or the one‑year anniversary of the grant date, tying the award to a roughly one‑year service period.

Positive

  • None.

Negative

  • None.
Insider BAKSHI KEN
Role null
Type Security Shares Price Value
Grant/Award Common Stock 7,070 $0.00 --
Holdings After Transaction: Common Stock — 59,306 shares (Direct, null)
Footnotes (1)
  1. These shares were issued as a restricted stock unit grant to the reporting person by the issuer. 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.
RSU grant size 7,070 shares Restricted stock unit grant to director Ken Bakshi
Grant price $0.00 per share Stated price for RSU award (compensation, not purchase)
Post-grant holdings 59,306 shares Total common shares held directly after the award
Vesting condition 1 Earlier of day prior to next annual meeting One of the vesting triggers for the RSUs
Vesting condition 2 One-year anniversary of grant date Alternative vesting trigger for the RSUs
restricted stock unit financial
"These shares were issued as a restricted stock unit grant to the reporting person by the issuer."
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.
vest financial
"The restricted stock units shall vest on the earlier of (i) the day prior to the annual meeting..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of the shareholders financial
"the day prior to the annual meeting of the shareholders of the issuer that next follows the grant date"
A yearly meeting where a company’s shareholders gather (in person or virtually) to receive reports on results, ask questions, and vote on key matters such as electing directors, approving executive pay and major corporate actions. It matters to investors because the outcomes shape who runs the company and what direction it takes—like a homeowners’ association meeting where residents vote on rules and leaders that affect property value and upkeep.
grant date financial
"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"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
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SEC Form 4
FORM 4UNITED 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*
BAKSHI KEN

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

(Street)
MIAMI FLORIDA 33178

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WORLD KINECT CORP [ WKC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)06/18/2026A7,070(2)A$0.0059,306D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were issued as a restricted stock unit grant to the reporting person by the issuer.
2. 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.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Jeffrey Weissman, as Attorney-in-Fact06/23/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did WORLD KINECT CORP (WKC) report for Ken Bakshi?

WORLD KINECT CORP reported that director Ken Bakshi received 7,070 shares of common stock as a restricted stock unit grant. This is a stock-based compensation award, not an open-market share purchase or sale.

Is Ken Bakshi buying or selling WORLD KINECT CORP (WKC) shares in this Form 4?

Ken Bakshi is not buying or selling shares on the market in this filing. He acquired 7,070 shares through a restricted stock unit grant, which represents equity compensation awarded by WORLD KINECT CORP.

How many WORLD KINECT CORP (WKC) shares does Ken Bakshi hold after this grant?

After the restricted stock unit grant, Ken Bakshi directly holds 59,306 shares of WORLD KINECT CORP common stock. This total includes the 7,070 shares awarded in the reported compensation grant.

When do Ken Bakshi’s new restricted stock units in WORLD KINECT CORP (WKC) vest?

The restricted stock units vest on the earlier of two dates: the day before the next annual shareholder meeting after the grant date, or the one-year anniversary of the grant date, linking vesting to about one year of service.

What does the $0.00 price on Ken Bakshi’s WORLD KINECT CORP (WKC) grant mean?

The $0.00 price indicates the 7,070 shares were granted as compensation rather than bought for cash. They are restricted stock units awarded by WORLD KINECT CORP, subject to the specified vesting schedule.