BAKSHI KEN 4
4 · WORLD KINECT CORP · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
World Kinect (WKC) Director Ken Bakshi Receives RSU Award
What Happened Ken Bakshi, a director of World Kinect Corp (WKC), received an award of 7,070 restricted stock units (RSUs) on June 18, 2026. The grant is recorded at $0 in the Form 4 (no immediate cash paid). The RSUs will convert to shares according to the issuer's vesting terms.
Key Details
- Transaction date and price: 2026-06-18; grant recorded at $0 per share (total $0).
- Vesting: Per footnote, RSUs vest on the earlier of (i) the day before the issuer's next annual shareholders meeting after the grant date or (ii) one year after the grant date.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timing and remarks: Form 4 was filed on 2026-06-23 (five days after the transaction date), which is beyond the usual 2-business-day Form 4 filing window. Remarks include Exhibit 24.1 — Power of Attorney.
Context RSU grants are a form of compensation/retention, not an open-market purchase or sale; they vest over time before becoming tradable shares. Such awards are common and do not by themselves indicate an insider buying or selling stock for market exposure.
Insider Transaction Report
Form 4
BAKSHI KEN
Director
Transactions
- Award
Common Stock
[F1][F2]2026-06-18+7,070→ 59,306 total
Footnotes (2)
- [F1]These shares were issued as a restricted stock unit grant to the reporting person by the issuer.
- [F2]The restricted stock units shall vest on the earlier of (i) the day prior to the annual meeting of the shareholders of the issuer that next follows the grant date or (ii) the one-year anniversary of the grant date.
Signature
/s/ Jeffrey Weissman, as Attorney-in-Fact|2026-06-23