World Kinect President awarded 32,457 shares
WORLD KINECT CORP President John Peter Rau reported equity compensation activity and related tax withholding.
Rhea-AI Filing Summary
WORLD KINECT CORP President John Peter Rau reported equity compensation activity and related tax withholding. On March 15, 2026, he received a grant of 32,457 shares of common stock at no cost as a stock award, increasing his direct holdings to 195,441 shares.
On the same date, a total of 3,900 shares of common stock were withheld by the company at a price of $22.80 per share to cover his tax liabilities from vested restricted stock units. Footnotes state that 8,622 and 7,391 restricted stock units vested and settled on March 15, 2026, and that the newly granted restricted stock units will vest in three equal installments beginning on March 15, 2027.
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 | 32,457 | $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 of 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) President John Peter Rau report?
Were John Peter Rau’s WORLD KINECT CORP (WKC) Form 4 transactions open-market trades?
What do the restricted stock unit footnotes in the WKC Form 4 indicate for John Peter Rau?
AI-generated analysis. How Rhea-AI works. Not financial advice.