Kasbar Michael J's Form 4 filing
World Kinect CorpWKC · filed Mar 6, 2025
- Accession no.
- 0000950170-25-035092
- Filed
- Mar 6, 2025
- Trade date
- Mar 4, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $622.8K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Kasbar Michael JCIK 0001242793 | Director, Officer (Chairman, CEO and President) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 4, 2025 | Common Stock | MOption exerciseAcquired | +145,349 | $23.39 | +$3,399,713.11 | 1,164,412 | Direct | |
| Mar 4, 2025 | Common Stock | FTax withholdingDisposed | −123,842 | $29.08F2 | −$3,601,325.36 | 1,040,570 | Direct | |
| Mar 4, 2025 | Common Stock | SSaleDisposed | −21,507 | $28.96F3 | −$622,842.72 | 1,019,063 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 4, 2025 | Common Stock | MOption exerciseDisposed | −145,349 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The price shown is the fair market price for the issuer's common stock on the NYSE at the time of conversion of the SSARs.
Referenced by the price of 1 transaction in Table I.
- F3
The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $28.90 to $29.06, inclusive. The reporting person 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.
Referenced by the price of 1 transaction in Table I.