World Kinect chair uses shares for tax payment
WORLD KINECT CORP Executive Chairman Michael J. Kasbar had 22,684 restricted stock units vest and settle on March 28, 2026.
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Rhea-AI Filing Summary
WORLD KINECT CORP Executive Chairman Michael J. Kasbar had 22,684 restricted stock units vest and settle on March 28, 2026. To cover the related tax liability, the issuer withheld 8,927 shares of common stock at a reference price of $23.36 per share. After this tax-withholding disposition, Kasbar holds 1,085,110 common shares directly and 1,340 shares indirectly through his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,927 | $23.36 | $209K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 22,684 restricted stock units held by the reporting person vested and settled on March 28, 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 27, 2026.
Key Figures
Key Terms
restricted stock units financial
withheld financial
tax liability financial
indirect financial
closing price financial
FAQ
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What did WORLD KINECT CORP insider Michael J. Kasbar report on this Form 4 for WKC?
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