STOCK TITAN

WORLD KINECT (WKC) CEO has RSUs vest, shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WORLD KINECT CORP Chief Executive Officer Ira M. Birns reported a routine tax-withholding transaction related to restricted stock units. On March 28, 2026, 7,814 restricted stock units vested and settled, and the issuer withheld 2,741 shares of common stock to cover his tax liability.

The withheld shares are valued at $23.36 per share, based on the March 27, 2026 NYSE closing price. Following this non-market disposition, Birns directly holds 269,409 shares of WORLD KINECT CORP common stock.

Positive

  • None.

Negative

  • None.
Insider Birns Ira M
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Common Stock 2,741 $23.36 $64K
Holdings After Transaction: Common Stock — 269,409 shares (Direct)
Footnotes (1)
  1. 7,814 restricted stock units held by the reporting person vested and settled on March 28, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units. The price shown is the closing price of the issuer's common stock on the NYSE on March 27, 2026.
Shares withheld for taxes 2,741 shares Common stock withheld on March 28, 2026
Withholding reference price $23.36 per share Closing price on NYSE on March 27, 2026
RSUs vested 7,814 units Restricted stock units vested and settled on March 28, 2026
Shares held after transaction 269,409 shares Direct holdings of CEO Ira M. Birns after withholding
restricted stock units financial
"7,814 restricted stock units held by the reporting person vested and settled on March 28, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units."
withheld financial
"The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Birns Ira M

(Last)(First)(Middle)
C/O WORLD KINECT CORPORATION
9800 N.W. 41ST STREET

(Street)
MIAMI FLORIDA 33178

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WORLD KINECT CORP [ WKC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/28/2026F2,741(1)D$23.36(2)269,409D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 7,814 restricted stock units held by the reporting person vested and settled on March 28, 2026. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
2. The price shown is the closing price of the issuer's common stock on the NYSE on March 27, 2026.
/s/ Jeffrey Weissman, as Attorney-in-Fact03/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did WORLD KINECT CORP (WKC) report for Ira M. Birns?

WORLD KINECT CORP reported that CEO Ira M. Birns had 7,814 restricted stock units vest on March 28, 2026. To cover the related tax liability, the issuer withheld 2,741 shares of common stock instead of Birns selling shares in the open market.

Was the WORLD KINECT CORP (WKC) Form 4 transaction an open-market sale by the CEO?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by WORLD KINECT CORP to satisfy Ira M. Birns’ tax liability on vested restricted stock units that settled on March 28, 2026.

How many WORLD KINECT CORP (WKC) shares were withheld for taxes from Ira M. Birns?

The company withheld 2,741 shares of WORLD KINECT CORP common stock from Ira M. Birns. These shares covered the tax liability associated with the vesting of 7,814 restricted stock units on March 28, 2026, according to the Form 4 footnotes.

What share price did WORLD KINECT CORP (WKC) use for the CEO’s tax-withholding shares?

The tax-withholding shares for CEO Ira M. Birns were valued at $23.36 per share. This price represents the closing price of WORLD KINECT CORP common stock on the NYSE on March 27, 2026, as disclosed in the Form 4 footnotes.

How many WORLD KINECT CORP (WKC) shares does Ira M. Birns hold after this Form 4 transaction?

After the tax-withholding disposition, Ira M. Birns directly holds 269,409 shares of WORLD KINECT CORP common stock. This figure reflects his position following the withholding of 2,741 shares to cover taxes on vested restricted stock units.