KASBAR MICHAEL J 4

What Happened

• Michael J. Kasbar, Executive Chairman and Director of World Kinect Corp (WKC), reported sales of a total 10,500 shares in open‑market transactions on May 4 and May 5, 2026. On May 4 he sold 10,000 shares for approximately $271,071 (reported weighted average $27.11; underlying trades ranged $26.47–$27.26). On May 5 he sold 500 shares at $27.50 for $13,750. These were sales (not purchases), often routine dispositions by insiders.

Key Details

• Transaction dates & prices: May 4, 2026 — 10,000 shares (weighted avg $27.11; component trades $26.47–$27.26); May 5, 2026 — 500 shares @ $27.50.
• Total proceeds: about $284,821.
• Shares owned after transaction: not specified in the provided filing (see Form 4 for post‑transaction holdings).
• Footnotes: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted by Kasbar on Nov 24, 2025. The May 4 line reports a weighted average price and the filer can provide the number of shares sold at each price on request.
• Filing timeliness: Form 4 was filed May 6, 2026 — within the SEC’s two‑business‑day filing window for these transactions.

Context

• These sales were executed under a prearranged 10b5‑1 plan, which typically means the trades were scheduled in advance and do not, by themselves, indicate a change in the insider’s view of the company. For retail investors, purchases generally carry more immediate informational weight than routine, preplanned sales.