STOCK TITAN

World Kinect Corp (WKC) chair sells 25,000 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

World Kinect Corp Executive Chairman Michael Kasbar reported an open-market sale of 25,000 shares of common stock on July 10, 2026 at a weighted-average price of $35.0374 per share, executed under a pre-arranged Rule 10b5-1 trading plan. After the sale, he directly holds 986,450 shares.

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Insider KASBAR MICHAEL J
Role Executive Chairman
Sold 25,000 shs ($876K)
Type Security Shares Price Value
Sale Common Stock 25,000 $35.0374 $876K
Holdings After Transaction: Common Stock — 986,450 shares (Direct)
Footnotes (1)
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted on November 24, 2025. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $35.00 to $35.18, inclusive. The reporting person undertakes to provide the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each separate price within the specified range.
Shares sold 25,000 shares Open-market sale of common stock on July 10, 2026
Weighted-average sale price $35.0374 per share Average price for multiple sale transactions reported in one line
Price range of sales $35.00 to $35.18 per share Range of individual trade prices within the reported transaction batch
Shares held after transaction 986,450 shares Direct ownership by Michael Kasbar following the July 10, 2026 sale
Transaction date July 10, 2026 Date of the reported open-market sale of common stock
10b5-1 plan adoption date November 24, 2025 Date Kasbar adopted the Rule 10b5-1 trading plan used for these sales
Rule 10b5-1 trading plan regulatory
"The sales were effected pursuant to a Rule 10b5-1 trading plan previously adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price represents the weighted average sale price for multiple transactions"
open-market sale market
"transaction_action is described as an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did World Kinect (WKC) report for Michael Kasbar?

Michael Kasbar reported an open-market sale of 25,000 World Kinect common shares on July 10, 2026. The transaction was filed as a Form 4 and reflects a direct, non-derivative disposition of stock by the company’s executive chairman and director.

At what price did Michael Kasbar sell his World Kinect (WKC) shares?

The sale used a weighted-average price of $35.0374 per share. Footnotes state the multiple trade prices in this batch ranged from $35.00 to $35.18, and Kasbar will provide details of shares sold at each price upon request.

How many World Kinect (WKC) shares does Michael Kasbar hold after this sale?

Following the reported sale, Michael Kasbar directly holds 986,450 World Kinect common shares. This figure represents his remaining direct ownership position after disposing of 25,000 shares in the July 10, 2026 open-market transaction.

Was Michael Kasbar’s World Kinect (WKC) stock sale made under a Rule 10b5-1 plan?

Yes. The filing notes the sales were effected under a Rule 10b5-1 trading plan that Kasbar previously adopted on November 24, 2025. Such plans pre-arrange trading activity, reducing the significance of timing for interpreting insider intent.

What type of transaction code was used for Michael Kasbar’s World Kinect (WKC) sale?

The transaction is coded “S” for Sale, described as a sale in open market or private transactions. In this case it is characterized as an open-market sale of non-derivative common stock, conducted under Kasbar’s Rule 10b5-1 trading plan.
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).
X
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 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
XOfficer (give title below)Other (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026
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 Stock07/10/2026S25,000(1)D$35.0374(2)986,450D
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. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted on November 24, 2025.
2. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $35.00 to $35.18, inclusive. The reporting person undertakes to provide the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each separate price within the specified range.
/s/ Jeffrey Weissman, as Attorney-in-Fact07/14/2026
** 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)