WORLD KINECT CORP·4

Jun 23, 4:30 PM ET

Benitez Jorge L. 4

Research Summary

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World Kinect (WKC) Director Jorge L. Benitez Receives Award

What Happened

  • Jorge L. Benitez, a director of World Kinect Corp (WKC), was granted 6,427 restricted stock units (RSUs) on 2026-06-18. The Form 4 reports the acquisition price as $0.00 (no cash paid). This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date and filing: Grant dated 2026-06-18; Form 4 filed 2026-06-23.
  • Amount and price: 6,427 RSUs acquired at $0.00 per share (total reported value $0).
  • Shares owned after transaction: Not specified in this filing.
  • Footnotes: F1 — shares were issued as a restricted stock unit grant; F2 — RSUs vest on the earlier of (i) the day before the next annual shareholders’ meeting following the grant or (ii) the one-year anniversary of the grant.
  • Remarks: Exhibit 24.1 (Power of Attorney) attached.
  • Timeliness: The Form 4 was filed five days after the grant date; Form 4s are typically due within two business days, so this filing appears delayed.

Context

  • RSU grants are a form of compensation and alignment with shareholders; they are not an immediate cash purchase and typically vest over time (these vest within about a year or by the next annual meeting per the footnote). Awards like this are routine for directors and do not by themselves indicate a buy or sell decision in the open market.