World Kinect chair Kasbar sells 10,500 shares
WORLD KINECT CORP Executive Chairman Michael J. Kasbar reported open-market sales of company Common Stock.
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Rhea-AI Filing Summary
WORLD KINECT CORP Executive Chairman Michael J. Kasbar reported open-market sales of company Common Stock. He sold 10,000 shares on May 4, 2026 at a weighted average price of $27.1071 per share and 500 shares on May 5, 2026 at $27.50 per share. The filing notes these sales were made under a previously adopted Rule 10b5-1 trading plan, indicating they were pre-scheduled. After these transactions, he directly holds 1,051,450 shares of World Kinect common stock.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $27.50 | $14K |
| Sale | Common Stock | 10,000 | $27.1071 | $271K |
Footnotes (2)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person 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 $26.47 to $27.26, 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
Key Terms
Rule 10b5-1 trading plan financial
weighted average sale price financial
Common Stock financial
open-market sale financial
FAQ
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What insider transactions did WORLD KINECT (WKC) report for Michael Kasbar?
Were Michael Kasbar’s WORLD KINECT (WKC) stock sales pre-planned?
What does a Rule 10b5-1 trading plan mean for WORLD KINECT (WKC) insider sales?
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