Michael J. Kasbar, Executive Chairman and Director of World Kinect Corp, filed a Form 4 on September 4, 2026, reporting the sale of 10,000 shares of common stock on September 2, 2026, pursuant to a pre-established Rule 10b5-1 trading plan.
Key Highlights
- Shares sold: 10,000 shares of World Kinect Corp common stock disposed of on September 2, 2026.
- Weighted average price: $35.3963 per share, with individual transaction prices ranging from $35.08 to $35.80, inclusive.
- Beneficial ownership after sale: 966,450 shares held directly following the reported transaction.
- Trading plan: The sales were effected under a Rule 10b5-1 trading plan previously adopted on November 24, 2025.
- Reporting person roles: Kasbar is listed as both a Director and Executive Chairman of the issuer.
Kasbar's Rule 10b5-1 Plan Sale of World Kinect Common Stock
According to the filing, Michael J. Kasbar, Executive Chairman and Director of World Kinect Corp (NYSE:WKC), disposed of 10,000 shares of common stock on September 2, 2026, with the transaction coded "S" (sale). The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan that was previously adopted on November 24, 2025. The form was signed by Jeffrey Weissman as Attorney-in-Fact on September 2, 2026.
The filing discloses a weighted average sale price of $35.3963 per share, representing multiple transactions. According to the filing, the prices of the individual transactions ranged from $35.08 to $35.80, inclusive. The filing further notes that Kasbar "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."
Following the reported transaction, the filing indicates that Kasbar directly holds 966,450 shares of World Kinect Corp common stock. No derivative securities transactions were reported in Table II of the filing. The form also notes that the filing was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
What Was Disclosed
The filing reported a single disposition of 10,000 shares of World Kinect Corp common stock by Executive Chairman Michael J. Kasbar on September 2, 2026, at a weighted average price of $35.3963, conducted under a pre-established Rule 10b5-1 trading plan adopted November 24, 2025.


Please wait processing your request...