Welcome to our dedicated page for World Kinect SEC filings (Ticker: WKC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
World Kinect Corporation filings document the formal disclosures of a NYSE-listed energy management company with Aviation, Land and Marine operations. Form 8-K reports record results of operations and financial condition, segment performance, restructuring and exit-related charges, asset impairments, acquisition-related effects, share repurchases and liquidity matters.
The company’s regulatory record also covers material definitive agreements, including amendments to its senior unsecured credit facility, and governance matters such as director and officer appointments, executive compensation, severance arrangements and indemnification agreements. Definitive proxy materials disclose shareholder voting matters, board structure, executive compensation, equity awards and related governance policies for World Kinect common stock.
Tejada Jose-Miguel reported acquisition or exercise transactions in this Form 4 filing.
World Kinect Corp executive Jose-Miguel Tejada received a new equity award in the form of restricted stock units. He was granted 8,772 shares of common stock as a stock award at no cash cost per share, increasing his directly held position to 43,603 shares after the award.
The footnotes state that these restricted stock units will vest in three equal installments beginning on March 15, 2027, meaning the shares are earned over time rather than all at once. This is a compensation-related grant, not an open-market stock purchase.
WORLD KINECT CORP Executive Chairman Michael J. Kasbar reported routine share dispositions related to tax withholding, not open-market trades. On March 15, 2026, restricted stock units totaling 25,032 and 21,459 vested and settled, and the issuer withheld 18,296 common shares at $22.80 per share to cover associated tax liabilities. After these transactions, Kasbar held a little over 1.09 million shares directly and 1,340 shares indirectly through his spouse, indicating he retains a substantial equity stake.
WORLD KINECT CORP Executive Chairman Michael J. Kasbar reported an open-market sale of 10,000 shares of common stock at a weighted-average price of $25.02 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 24, 2025. After this transaction, he directly holds 1,112,333 shares, with an additional 1,340 shares held indirectly by his spouse.
World Kinect Corp disclosed a proposed sale of 10,000 shares of Common Stock.
The notice lists 10,000 shares tied to the vesting of restricted stock unit awards dated 03/14/2025 and names Merrill Lynch at 225 Liberty Street, Floor 37, New York as the broker. The security is listed on the NYSE.
World Kinect Corporation is a global energy management company serving aviation, land and marine transportation customers with fuel, natural gas and related services. It operates through three segments and earns margins primarily on resale volumes and unit spreads.
The company is restructuring its land segment, exiting direct fuel transportation, lubricants, heating oil, power and certain advisory and sustainability offerings to focus on higher-margin cardlock, retail and natural gas activities. Recent portfolio moves include multiple divestitures and the acquisition of Universal Weather and Aviation’s Trip Support Services division, alongside significant goodwill impairments in the land reporting unit tied to weaker performance and strategy changes. Extensive risk disclosures highlight exposure to customer credit, commodity prices, derivatives usage, cyber threats, climate and ESG regulation, and complex global tax and trade regimes.
World Kinect Corporation reported a difficult 2025 as it undertook a major portfolio restructuring, especially in its Land segment. Full-year gross profit was $948 million, but large non-cash goodwill and asset impairments and restructuring and exit costs drove a GAAP net loss of $614 million, or $10.99 per diluted share.
On an adjusted basis, the company generated 2025 net income of $107 million, or $1.91 per diluted share, and Adjusted EBITDA of $336 million. It also produced operating cash flow of $293 million and free cash flow of $227 million, and repurchased $85 million of common stock.
Segment performance was mixed: Aviation gross profit rose to $526 million helped by the Universal TSS acquisition, while Land gross profit fell to $298 million and Marine to $123 million. For 2026, management guides to Adjusted diluted EPS of $2.20–$2.40, citing benefits from the completed Land repositioning, continued strength in Aviation, and disciplined costs.
Brandes Investment Partners, L.P., a Delaware-based investment adviser, filed an amended Schedule 13G reporting its beneficial ownership in World Kinect CorpDecember 31, 2025, Brandes reported beneficial ownership of 3,696,016 common shares, representing 6.65% of the class.
Brandes reported no sole voting or dispositive power, with shared voting power over 2,434,570 shares and shared dispositive power over 3,696,016 shares. The firm certified that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of World Kinect Corp.
World Kinect Corporation reported changes to executive compensation and its severance framework. The Board previously promoted Michael Kroll to Senior Vice President and Chief Accounting Officer effective November 1, 2025. On December 3, 2025, the Compensation Committee increased his annual base salary to $390,000 and approved a performance-based restricted stock unit award with a grant date fair value of $50,000. The award depends on achieving a pre-determined average adjusted earnings per share goal over a three-year period ending December 31, 2027 and his continued employment through December 3, 2028, and is subject to the company’s Clawback Policy.
For 2026, Mr. Kroll will have a target annual bonus equal to 60% of base salary and a target long-term incentive opportunity of $150,000. The Compensation Committee also approved an amended and restated Executive Severance Policy effective January 1, 2026, outlining severance, bonus, and COBRA-related benefits for designated executives upon death, disability, termination without cause, or resignation for good reason, with enhanced cash severance formulas if a qualifying termination occurs within two years after a change of control. Ira M. Birns, John Rau, and Jose-Miguel (Mike) Tejada were designated as participants under the amended policy.
World Kinect Corporation amended its credit facility to adjust size, pricing, and tenor. The amendment increases the aggregate revolving credit commitments from $1.50 billion to $1.65 billion and replaces the existing $500 million term loan with a new $350 million term loan, maintaining total borrowing capacity at $2.0 billion.
The loans’ pricing was modified: Term SOFR and Alternative Currency Loans carry a margin of 1.5%–2.125%, and Base Rate Loans carry 0.5%–1.125%, in each case based on a defined consolidated total leverage ratio. Commitment fees were lowered to a 0.225%–0.300% range. Maturity was extended from April 1, 2027 to November 10, 2030, with a one-time one-year extension option subject to specified conditions.
Proceeds from the New Term Loan, plus approximately $93 million of cash on hand, were used to repay all amounts outstanding under the Original Term Loan and to pay related fees and expenses. The facility includes customary events of default.
World Kinect Corp (WKC) insider filed a Form 4 reporting routine equity award activity. On November 10, 2025, 833 and 802 restricted stock units vested and settled. To cover associated taxes, the issuer withheld 203 and 196 shares, respectively, at a price equal to the NYSE closing price of $25.58 on that date.
The reporting person, an officer (SVP & Chief Accounting Officer), reported 12,490 shares beneficially owned following the transactions. These entries reflect tax withholding and not open‑market sales.