Director at World Kinect (NYSE: WKC) awarded 7,231 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Manley John L reported acquisition or exercise transactions in this Form 4 filing.
WORLD KINECT CORP director John L. Manley received an equity award of 7,231 shares of common stock in the form of restricted stock units at no cash cost. These RSUs were granted by the company as compensation.
The restricted stock units will vest on the earlier of the day before the company’s next annual shareholders meeting following the grant date or the one-year anniversary of the grant date. After this grant, Manley directly holds a total of 64,116 shares of WORLD KINECT CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Manley John L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,231 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 64,116 shares (Direct, null)
Footnotes (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.
Key Figures
RSU grant size: 7,231 shares
Transaction price per share: $0.00 per share
Total shares after transaction: 64,116 shares
3 metrics
RSU grant size
7,231 shares
Restricted stock units granted to director on 2026-06-18
Transaction price per share
$0.00 per share
Reported price for RSU grant
Total shares after transaction
64,116 shares
Director’s direct holdings following the grant
Key Terms
restricted stock unit grant, vest, annual meeting of the shareholders
3 terms
restricted stock unit grant financial
"These shares were issued as a restricted stock unit grant to the reporting person"
vest financial
"The restricted stock units shall vest on the earlier of (i) the day prior"
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.
FAQ
What insider transaction did WORLD KINECT CORP (WKC) report?
WORLD KINECT CORP reported that director John L. Manley received 7,231 restricted stock units of common stock as a grant. The award was issued at no cash cost to him and represents equity-based compensation from the company.
What type of equity award did WORLD KINECT CORP grant to its director?
The company granted John L. Manley restricted stock units representing 7,231 shares of common stock. Restricted stock units are share-based awards that typically vest over time, meaning the recipient receives the underlying shares once vesting conditions are satisfied.
When will John L. Manley’s 7,231 WKC restricted stock units vest?
The 7,231 restricted stock units will vest on the earlier of two dates: the day before WORLD KINECT CORP’s next annual shareholders meeting following the grant date, or the one-year anniversary of the grant date, according to the award’s vesting terms.