STOCK TITAN

WORLD KINECT (WKC) chair Kasbar sells 20,000 shares in pre-planned trades

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

Rhea-AI Filing Summary

WORLD KINECT CORP Executive Chairman Michael J. Kasbar reported selling a total of 20,000 shares of common stock in open-market transactions. He sold 700 shares at $30.00 on June 5, 2026 and 19,300 shares at a weighted average price of $30.1747 on June 8, 2026.

After these sales, Kasbar directly holds 1,021,450 shares of WORLD KINECT CORP common stock. The filing notes that the sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on November 24, 2025, indicating they were scheduled in advance rather than timed opportunistically.

Positive

  • None.

Negative

  • None.

Insights

Kasbar’s 20,000-share sale is a pre-planned, routine disposition relative to his remaining stake.

Michael J. Kasbar, Executive Chairman of WORLD KINECT CORP, sold 20,000 common shares via open-market trades at prices around $30 in early June 2026. The transactions were executed under a Rule 10b5-1 trading plan adopted on November 24, 2025, meaning the sale schedule was set in advance.

Following these trades, he still directly owns 1,021,450 shares, so the disposition represents only a small portion of his reported holdings. Because the transactions are both pre-planned and modest relative to his remaining position, they generally signal routine portfolio management rather than a major shift in insider sentiment.

Insider KASBAR MICHAEL J
Role Executive Chairman
Sold 20,000 shs ($603K)
Type Security Shares Price Value
Sale Common Stock 19,300 $30.1747 $582K
Sale Common Stock 700 $30.00 $21K
Holdings After Transaction: Common Stock — 1,021,450 shares (Direct, null)
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 $30.00 to $30.33, 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.
Total shares sold 20,000 shares Net shares sold across two open-market transactions in June 2026
Shares sold on June 5, 2026 700 shares at $30.00 Open-market sale of common stock on June 5, 2026
Shares sold on June 8, 2026 19,300 shares at $30.1747 Weighted average price for multiple trades on June 8, 2026
Post-transaction holdings 1,021,450 shares Direct common stock ownership after June 8, 2026 sale
Price range for June 8 trades $30.00–$30.33 Inclusive range of individual sale prices on June 8, 2026
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted on November 24, 2025."
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.
open-market sale financial
"transaction_action: open-market sale; transaction_code_description: Sale in open market or private transaction"
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.
weighted average sale price financial
"The price represents the weighted average sale price for multiple transactions reported on this line."
Common Stock financial
"security_title: Common Stock in each reported non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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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).
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)
06/05/2026
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 Stock06/05/2026S700(1)D$301,040,750D
Common Stock06/08/2026S19,300(1)D$30.1747(2)1,021,450D
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 $30.00 to $30.33, 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-Fact06/09/2026
** 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 did WORLD KINECT CORP (WKC) Executive Chairman Michael Kasbar report in this Form 4?

Michael J. Kasbar reported selling 20,000 shares of WORLD KINECT CORP common stock in open-market transactions around $30 per share. The sales occurred on June 5, 2026 and June 8, 2026 and were disclosed as routine insider trades.

At what prices did Michael Kasbar sell WORLD KINECT CORP (WKC) shares?

Kasbar sold 700 shares at $30.00 on June 5, 2026 and 19,300 shares at a weighted average price of $30.1747 on June 8, 2026. The filing notes individual June 8 sale prices ranged from $30.00 to $30.33, inclusive.

How many WORLD KINECT CORP (WKC) shares does Michael Kasbar own after these sales?

After the reported sales, Kasbar directly holds 1,021,450 shares of WORLD KINECT CORP common stock. This figure reflects his ownership following the June 8, 2026 transaction and indicates he retains a substantial equity stake in the company.

Were Michael Kasbar’s WORLD KINECT CORP (WKC) stock sales under a Rule 10b5-1 plan?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on November 24, 2025. Such pre-arranged plans automate trading schedules, helping separate routine diversification from discretionary, market-timed insider sales.

How many shares did Michael Kasbar sell in total of WORLD KINECT CORP (WKC)?

In this Form 4, Kasbar is shown selling a total of 20,000 WORLD KINECT CORP common shares. He sold 700 shares on June 5, 2026 and 19,300 shares on June 8, 2026, both categorized as open-market transactions.