World Kinect Corp (WKC) received an initial Form 3 reporting beneficial ownership tied to an event on 10/24/2025. The reporting person is identified as a Director and disclosed no securities beneficially owned.
The submission was filed by one reporting person.
World Kinect Corporation filed its Q3 2025 report, showing a profitable quarter but a year-to-date loss driven by non-cash charges and a divestiture loss.
For Q3 2025, revenue was $9,391.8 million with gross profit of $249.6 million. Net income attributable to World Kinect was $25.7 million, or $0.46 per diluted share. Year to date, revenue totaled $27,887.6 million and the company reported a net loss of $334.7 million, primarily reflecting $443.1 million of goodwill and other asset impairments, including a $359.0 million goodwill impairment in the land segment, and a pre-tax loss of $81.7 million on the Watson Fuels sale.
Cash and cash equivalents were $473.6 million as of September 30, 2025. Long-term debt was $766.6 million, including $342.7 million of convertible notes. The company agreed to acquire Universal Weather and Aviation’s Trip Support Services for approximately $220 million, subject to closing conditions. Shares outstanding were 55,558,773 as of October 17, 2025.
World Kinect Corporation furnished an Item 2.02 Form 8‑K announcing it issued a press release reporting financial results for the third quarter of 2025. The press release is attached as Exhibit 99.1.
The company stated this information, including Exhibit 99.1, is being furnished and not deemed “filed” under the Exchange Act. World Kinect’s common stock trades on the NYSE under the symbol WKC.
World Kinect Corp (WKC) reporting person Gregory F. Piper, identified as a director, received a grant of 276 restricted stock units (RSUs) on 09/16/2025 at a $0.00 price in connection with appointment to the issuer's governance committee. After the grant, the reporting person beneficially owns 5,737 common shares.
The RSUs vest on the earlier of the day before the issuer's next annual shareholder meeting or the one-year anniversary of the grant date. The Form 4 was signed by attorney-in-fact Joel M. Williams on 09/18/2025.