WORLD KINECT CEO reports RSU grant and tax withholding
WORLD KINECT CORP Chief Executive Officer Ira M. Birns reported routine equity compensation activity involving restricted stock units and related tax withholding.
Rhea-AI Filing Summary
WORLD KINECT CORP Chief Executive Officer Ira M. Birns reported routine equity compensation activity involving restricted stock units and related tax withholding. On March 15, 2026, he received a grant of 39,474 shares of common stock at a price of $0.00 per share, increasing his direct holdings to 272,150 shares. On the same date, 8,622 and 7,391 previously granted restricted stock units vested and settled, and the issuer withheld 2,100 and 1,800 shares, respectively, to cover Birns’ tax liabilities at a reference price of $22.80 per share, leaving him with 232,676 directly held shares. The newly granted restricted stock units will vest in three equal installments beginning on March 15, 2027, reflecting a multi‑year compensation structure rather than open‑market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,100 | $22.80 | $48K |
| Exercise Price or Tax Liability | Common Stock | 1,800 | $22.80 | $41K |
| Grant/Award | Common Stock | 39,474 | $0.00 | $0.00 |
Footnotes (4)
- F1. 8,622 restricted stock units held by the reporting person vested and settled on March 15, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
- F2. The price shown is the closing price for the issuer's common stock on the NYSE on March 13, 2026.
- F3. 7,391 restricted stock units held by the reporting person vested and settled on March 15, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
- F4. These restricted stock units will vest in three equal installments beginning on March 15, 2027.
FAQ
What insider transactions did WORLD KINECT CORP (WKC) CEO Ira Birns report?
Were the WORLD KINECT CORP CEO’s transactions open-market buys or sells?
What price was used for the WORLD KINECT CORP tax-withholding transactions?
When will the newly granted WORLD KINECT CORP restricted stock units vest?
How many restricted stock units vested for the WORLD KINECT CORP CEO?
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