Tejada Jose-Miguel 4
4 · WORLD KINECT CORP · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
World Kinect (WKC) CFO Jose‑Miguel Tejada Receives Award; Shares Withheld
What Happened
Jose‑Miguel Tejada, Chief Financial Officer of World Kinect Corp (WKC), had a total of 1,927 shares withheld by the issuer on May 10, 2026 to satisfy tax withholding tied to vested restricted stock units (RSUs). The filing shows four withholding dispositions: 435 shares ($11,775), 462 shares ($12,506), 536 shares ($14,510) and 494 shares ($13,373), using a $27.07 per‑share price (NYSE close on May 8, 2026). These withholdings are routine tax‑related dispositions following RSU vesting rather than open‑market sales.
Key Details
- Transaction date: May 10, 2026; filing date: May 12, 2026 (filed timely).
- Price used: $27.07 per share (NY$E close, May 8, 2026).
- Dispositions reported: 435 / 462 / 536 / 494 shares (total 1,927 shares) for aggregate value ≈ $52,164.
- Footnotes indicate RSU vesting: 1,388; 1,471; 1,710; and 1,574 RSUs vested and settled on May 10, 2026; the issuer withheld the reported shares to cover the reporting person's tax liability.
- Transaction code F = tax withholding (shares withheld to satisfy tax withholding obligations).
- Shares owned after the transaction: not disclosed in this filing.
Context
These entries reflect a cashless tax‑withholding settlement when multiple RSU awards vested. Such withholdings are standard administrative actions and are recorded on Form 4 as dispositions, but they do not necessarily indicate a manager is selling shares for investment or liquidity reasons. For retail investors, purchases by insiders tend to be more informative about confidence than routine withholding transactions.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-05-10$27.07/sh−435$11,775→ 43,168 total - Tax Payment
Common Stock
[F3][F2]2026-05-10$27.07/sh−462$12,506→ 42,706 total - Tax Payment
Common Stock
[F4][F2]2026-05-10$27.07/sh−536$14,510→ 42,170 total - Tax Payment
Common Stock
[F5][F2]2026-05-10$27.07/sh−494$13,373→ 41,676 total
Footnotes (5)
- [F1]1,388 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
- [F2]The price shown is the closing price for the issuer's common stock on the NYSE on May 8, 2026.
- [F3]1,471 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
- [F4]1,710 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
- [F5]1,574 restricted stock units held by the reporting person vested and settled on May 10, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.