World Kinect chair sells 10K shares at $35.40
Executive Chairman Michael J. Kasbar sold 10,000 WKC shares under a pre-arranged Rule 10b5-1 trading plan, leaving him with 966,450 shares.
Rhea-AI Filing Summary
WORLD KINECT CORP (WKC) reported that Executive Chairman Michael J. Kasbar sold 10,000 shares of common stock on September 2, 2026 in an open-market or private transaction at a weighted average price of $35.3963 per share. The sale was effected under a Rule 10b5-1 trading plan adopted on November 24, 2025, and Kasbar now directly holds 966,450 shares of WORLD KINECT CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
KASBAR MICHAEL J
Role
Executive Chairman
Sold
10,000 shs ($354K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 10,000 | $35.3963 | $354K |
Holdings After Transaction:
Common Stock — 966,450 shares (Direct)
Footnotes (2)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted on November 24, 2025.
- F2. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $35.08 to $35.80, 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.
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $35.3963 per share
Post-transaction holdings: 966,450 shares
+2 more
5 metrics
Shares sold
10,000 shares
Common stock sale by Michael J. Kasbar on September 2, 2026
Weighted average sale price
$35.3963 per share
Average price for 10,000 WKC shares sold on September 2, 2026
Post-transaction holdings
966,450 shares
Direct common stock holdings of Michael J. Kasbar after the sale
Price range of sales
$35.08–$35.80 per share
Range of prices for multiple transactions included in the reported weighted average
Rule 10b5-1 plan adoption date
November 24, 2025
Date the trading plan governing these sales was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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 or private transaction market
"Sale in open market or private transaction"
FAQ
What insider transaction did WORLD KINECT CORP (WKC) disclose in this Form 4?
WORLD KINECT CORP disclosed that Executive Chairman Michael J. Kasbar sold 10,000 shares of common stock on September 2, 2026 in a sale reported as an open-market or private transaction.
Was the WKC insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan that was previously adopted on November 24, 2025, and the Form 4 affirms Rule 10b5-1 plan status.
Who is the insider involved in this WORLD KINECT CORP (WKC) Form 4 filing and what is his role?
The insider is Michael J. Kasbar, who is identified in the filing as both a director and an Executive Chairman of WORLD KINECT CORP, and not reported as a ten percent owner.
AI-generated analysis. How Rhea-AI works. Not financial advice.