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World Kinect (NYSE: WKC) chair uses 8,927 shares for RSU tax

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider KASBAR MICHAEL J
Role Executive Chairman
Type Security Shares Price Value
Tax Withholding Common Stock 8,927 $23.36 $209K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,085,110 shares (Direct); Common Stock — 1,340 shares (Indirect, By Spouse)
Footnotes (1)
  1. 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. The price shown is the closing price of the issuer's common stock on the NYSE on March 27, 2026.
RSUs vested 22,684 units Restricted stock units vested and settled on March 28, 2026
Shares withheld for taxes 8,927 shares Common shares withheld to cover RSU-related tax liability
Reference share price $23.36 per share Closing price on NYSE on March 27, 2026
Direct holdings after transaction 1,085,110 shares Common shares directly owned by Michael J. Kasbar
Indirect holdings after transaction 1,340 shares Common shares held by spouse, reported as indirect ownership
restricted stock units financial
"22,684 restricted stock units held by the reporting person vested and settled"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withheld financial
"The issuer withheld the reported shares to cover the reporting person's tax liability"
tax liability financial
"to cover the reporting person's tax liability associated with these restricted stock units"
indirect financial
"total_shares_following_transaction": "1340.0000", "direct_or_indirect": "I""
closing price financial
"The price shown is the closing price of the issuer's common stock"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KASBAR MICHAEL J

(Last)(First)(Middle)
C/O WORLD KINECT CORPORATION
9800 N.W. 41ST STREET

(Street)
MIAMI FLORIDA 33178

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WORLD KINECT CORP [ WKC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/28/2026F8,927(1)D$23.36(2)1,085,110D
Common Stock1,340IBy Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. The price shown is the closing price of the issuer's common stock on the NYSE on March 27, 2026.
/s/ Jeffrey Weissman, as Attorney-in-Fact03/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did WORLD KINECT CORP insider Michael J. Kasbar report on this Form 4 for WKC?

Michael J. Kasbar reported vesting of 22,684 restricted stock units and a related tax-withholding disposition of 8,927 WORLD KINECT CORP common shares. These shares were withheld by the issuer to satisfy tax obligations linked to the RSU settlement.

How many WORLD KINECT CORP (WKC) shares were withheld for taxes in this filing?

The issuer withheld 8,927 shares of WORLD KINECT CORP common stock to cover Michael J. Kasbar’s tax liability. The withholding relates to the vesting and settlement of 22,684 restricted stock units that occurred on March 28, 2026.

What is Michael J. Kasbar’s WORLD KINECT CORP shareholding after this Form 4?

Following the reported transactions, Michael J. Kasbar directly owns 1,085,110 WORLD KINECT CORP common shares. He also has an indirect holding of 1,340 shares attributed to his spouse, as disclosed in the Form 4.

Was the WORLD KINECT CORP Form 4 transaction an open-market sale of WKC shares?

The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by WORLD KINECT CORP to satisfy taxes due on vested restricted stock units rather than sold by Michael J. Kasbar in the market.

At what price were the withheld WORLD KINECT CORP (WKC) shares valued in this filing?

The withheld shares are reported at a price of $23.36 per share, which the filing states is the closing price of WORLD KINECT CORP common stock on the NYSE on March 27, 2026, immediately before the vesting event.
World Kinect

NYSE:WKC

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1.18B
49.07M
Oil & Gas Refining & Marketing
Wholesale-petroleum & Petroleum Products (no Bulk Stations)
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United States
MIAMI