Form 4: World Kinect Officer Sells Shares for Tax Obligations
Insider Transaction Report
Michael John Kroll, SVP & Chief Accounting Officer of World Kinect Corp, disposed of common stock on November 10, 2025, to cover tax liabilities from vested restricted stock units.
Summary
- Michael John Kroll, SVP & Chief Accounting Officer of World Kinect Corp (WKC), reported transactions on November 10, 2025.
- Disposed of 203 shares of common stock at a price of $25.58 per share. These shares were withheld by the issuer to cover tax liability associated with 833 vested restricted stock units.
- Additionally, disposed of 196 shares of common stock at a price of $25.58 per share. These shares were withheld by the issuer to cover tax liability associated with 802 vested restricted stock units.
- Following these transactions, Michael John Kroll beneficially owns 12,490 shares of World Kinect Corp common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction involving the disposition of shares to cover tax liabilities upon the vesting of restricted stock units, which is a common compensation event and does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Positives
- Restricted stock units (RSUs) held by Michael John Kroll vested, indicating a realization of compensation for the officer.
Negatives
- Michael John Kroll disposed of a total of 399 shares of common stock, reducing his direct ownership in the company.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This insider transaction report is specific to World Kinect Corp and its officer, Michael John Kroll. It does not provide information directly related to broader industry trends or competitor activities.
Key Dates
| Date | Description |
|---|---|
| 11/10/2025 | Date of transaction (vesting and disposition of common stock). |
| 11/13/2025 | Date the Form 4 filing was signed. |
Keywords
World Kinect Corp, WKC, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Officer Stock
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