KASBAR MICHAEL J 4
4 · WORLD KINECT CORP · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
World Kinect (WKC) Exec Chairman Michael Kasbar Sells 10,000 Shares
What Happened
- Michael J. Kasbar, Executive Chairman and director of World Kinect Corp (WKC), sold 10,000 shares in an open-market transaction on July 2, 2026. The weighted-average price reported was $33.38, for total proceeds of approximately $333,781. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: July 2, 2026; Form 4 filed July 7, 2026.
- Price: weighted average $33.38; individual trade prices ranged from $32.9050 to $33.57 (footnote clarifies breakdown available on request).
- Shares sold: 10,000; proceeds ≈ $333,781.
- Shares owned after transaction: not specified in the summary provided.
- Footnotes: sale executed pursuant to a Rule 10b5-1 trading plan adopted Nov 24, 2025 (prearranged plan). The filing notes the weighted-average price and offers to provide the number of shares sold at each separate price on request.
- Timeliness: Form filed July 7, 2026; the provided data does not indicate a late-filing flag.
Context
- Sales under 10b5-1 plans are prearranged and often routine, so they do not necessarily signal a change in the insider’s view of the company. For retail investors, purchases typically carry more informational weight than routine sales, though large or unusual insider transactions can merit further review.
Insider Transaction Report
Form 4
KASBAR MICHAEL J
DirectorExecutive Chairman
Transactions
- Sale
Common Stock
[F1][F2]2026-07-02$33.38/sh−10,000$333,781→ 1,011,450 total
Footnotes (2)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted on November 24, 2025.
- [F2]The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $32.9050 to $33.57, 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.
Signature
/s/ Jeffrey Weissman, as Attorney-in-Fact|2026-07-07