World Kinect (NYSE: WKC) SVP gets 4,988-share grant and RSU tax withholding
Rhea-AI Filing Summary
WORLD KINECT CORP senior vice president and chief accounting officer Michael John Kroll reported equity compensation and related tax withholding transactions in company common stock. On May 10, 2026, he received a grant of 4,988 shares of common stock at $0.00 per share, reflecting a share award rather than an open-market purchase.
On the same date, multiple blocks of previously granted restricted stock units vested and settled, including 833, 803, 1,115, and 933 units. For these vestings, the issuer withheld an aggregate of 899 shares of common stock at a price of $27.07 per share to cover Kroll’s tax liabilities, which are recorded as tax-withholding dispositions rather than market sales.
The newly granted 4,988 restricted stock units are scheduled to vest in four equal annual installments beginning on May 10, 2027, providing Kroll with a multi‑year equity incentive tied to continued service and company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 203 | $27.07 | $5K |
| Tax Withholding | Common Stock | 196 | $27.07 | $5K |
| Tax Withholding | Common Stock | 272 | $27.07 | $7K |
| Tax Withholding | Common Stock | 228 | $27.07 | $6K |
| Grant/Award | Common Stock | 4,988 | $0.00 | -- |
Footnotes (1)
- 833 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units. The price shown is the closing price for the issuer's common stock on the NYSE on May 8, 2026. 803 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units. 1,115 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units. 933 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units. These restricted stock units will vest in four equal annual installments beginning on May 10, 2027.