KASBAR MICHAEL J 4

What Happened
Michael J. Kasbar, Executive Chairman and Director of World Kinect Corp (WKC), reported the sale of 25,000 shares on July 10, 2026. The shares were sold in an open-market or private sale at a weighted average price of $35.04, generating total proceeds of approximately $875,935. This was a sale (not a purchase); such transactions are often routine cashing-out events.

Key Details

• Transaction date: July 10, 2026
• Transaction type/code: Sale (S) — open market or private sale
• Shares sold: 25,000
• Weighted average price: $35.04; price range across trades: $35.00–$35.18 (report notes breakdown available on request)
• Total proceeds: ~$875,935
• Footnote: Sales were effected under a Rule 10b5-1 trading plan adopted Nov 24, 2025 (pre-arranged trading)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: Form 4 filed July 14, 2026 — appears timely (filed within required reporting window)

Context: Because the sale was executed under a pre-established 10b5-1 plan, it was likely pre-planned rather than a discretionary trade by the insider at the time of sale. Sales reduce insider holdings but do not, by themselves, indicate management’s view of the company’s prospects.