World Kinect (WKC) chair sells 847 shares under 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 847 shares of Common Stock on April 28, 2026, at a weighted average price of about $27.55 per share. The sale was made under a previously adopted Rule 10b5-1 trading plan. After this transaction, he directly owns 1,061,950 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 847 shares ($23,336)
Net Sell
1 txn
Insider
KASBAR MICHAEL J
Role
Executive Chairman
Sold
847 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 847 | $27.5509 | $23K |
Holdings After Transaction:
Common Stock — 1,061,950 shares (Direct, null)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person 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 $27.50 to $27.58, 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: 847 shares
Weighted average sale price: $27.5509 per share
Sale price range: $27.50–$27.58 per share
+3 more
6 metrics
Shares sold
847 shares
Open-market sale on April 28, 2026
Weighted average sale price
$27.5509 per share
Common Stock sale on April 28, 2026
Sale price range
$27.50–$27.58 per share
Range for multiple transactions in reported sale
Shares owned after transaction
1,061,950 shares
Direct ownership following April 28, 2026 sale
Transaction date
April 28, 2026
Date of open-market sale reported on Form 4
10b5-1 plan adoption date
November 24, 2025
Date Kasbar adopted Rule 10b5-1 trading plan
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..."
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 Kasbar?
WORLD KINECT CORP reported that Executive Chairman Michael J. Kasbar sold 847 shares of Common Stock. The transaction occurred on April 28, 2026, as an open-market sale, and is disclosed on a Form 4 insider trading report filed with regulators.
Was the WORLD KINECT CORP (WKC) insider sale made under a Rule 10b5-1 plan?
Yes. A footnote explains the reported sales were effected under a Rule 10b5-1 trading plan. That plan was previously adopted by Michael Kasbar on November 24, 2025, indicating these transactions were pre-arranged rather than discretionary trades based on short-term market movements.
What does the price range disclosure mean in the WKC Form 4 filing?
The Form 4 notes the reported price is a weighted average for multiple trades between $27.50 and $27.58. Kasbar undertakes to provide details of how many shares were sold at each specific price within this range to the issuer, shareholders, or SEC staff upon request.