World Kinect (WKC) chair sells 10,000 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WORLD KINECT CORP Executive Chairman Michael J. Kasbar reported an open-market sale of 10,000 shares of Common Stock on July 2, 2026 at a weighted average price of $33.3781 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 24, 2025, and involved multiple trades priced between $32.9050 and $33.57. Following this transaction, Kasbar directly holds 1,011,450 shares of World Kinect common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($333,781)
Net Sell
1 txn
Insider
KASBAR MICHAEL J
Role
Executive Chairman
Sold
10,000 shs ($334K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $33.3781 | $334K |
Holdings After Transaction:
Common Stock — 1,011,450 shares (Direct, null)
Footnotes (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 $32.9050 to $33.57, 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: $33.3781 per share
Post-transaction holdings: 1,011,450 shares
+3 more
6 metrics
Shares sold
10,000 shares
Open-market sale on July 2, 2026
Weighted average sale price
$33.3781 per share
Common Stock sale on July 2, 2026
Post-transaction holdings
1,011,450 shares
Shares beneficially owned after July 2, 2026 sale
Sale price range low
$32.9050 per share
Lowest price in reported sale range
Sale price range high
$33.57 per share
Highest price in reported sale range
Trading plan adoption date
November 24, 2025
Rule 10b5-1 plan governing the sale
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale, Common Stock
4 terms
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.
weighted average sale price financial
"The price represents the weighted average sale price for multiple transactions reported on this line."
open-market sale financial
"transaction_action: open-market sale"
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.
Common Stock financial
"security_title: Common Stock"
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.
FAQ
What insider transaction did WORLD KINECT CORP (WKC) report for Michael J. Kasbar?
WORLD KINECT CORP Executive Chairman Michael J. Kasbar reported selling 10,000 shares of Common Stock. The transaction was an open-market sale executed on July 2, 2026, as part of a pre-arranged Rule 10b5-1 trading plan adopted in November 2025.
Was the WORLD KINECT CORP (WKC) insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 states the sales were effected under a Rule 10b5-1 trading plan adopted on November 24, 2025. Such plans automate trades according to pre-set instructions, indicating the timing of this sale was pre-arranged rather than decided on the trade date.
What price range did the WORLD KINECT CORP (WKC) insider sales cover on July 2, 2026?
The filing notes that the weighted average sale price was $33.3781 per share. Individual trades occurred within a price range from $32.9050 to $33.57. The insider has committed to provide detailed breakdowns of shares sold at each price upon request.