World Kinect director granted 6,427 RSUs
Cherwoo Sharda reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Cherwoo Sharda reported acquisition or exercise transactions in this Form 4 filing.
WORLD KINECT CORP director Sharda Cherwoo received an equity award of 6,427 shares of common stock as a restricted stock unit grant. The grant was awarded at no cash cost per share and increases her directly held position to 48,874 shares after the transaction.
The restricted stock units will vest in full on the earlier of the day before the company’s next annual shareholders’ meeting following the grant date or the one-year anniversary of the grant date, aligning the director’s compensation with shareholder outcomes over that period.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,427 | $0.00 | $0.00 |
Footnotes (2)
- F1. These shares were issued as a restricted stock unit grant to the reporting person by the issuer.
- F2. The restricted stock units shall vest on the earlier of (i) the day prior to the annual meeting of the shareholders of the issuer that next follows the grant date or (ii) the one-year anniversary of the grant date.
Key Figures
Key Terms
restricted stock unit financial
vest financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WORLD KINECT CORP (WKC) report for Sharda Cherwoo?
What are the vesting terms of Sharda Cherwoo’s restricted stock units at WORLD KINECT CORP (WKC)?
Is the WORLD KINECT CORP (WKC) transaction for Sharda Cherwoo a sale or a purchase signal?
AI-generated analysis. How Rhea-AI works. Not financial advice.