World Kinect CFO Sells Shares in Routine Transaction
On August 13, Jose-Miguel Tejada, Chief Financial Officer of World Kinect (NYSE: WKC), sold 6,000 shares for $223,000. The transaction reduced his direct holdings by approximately 14%, leaving him with a remaining stake valued at around $1.3 million as of the market close on August 13. The sale occurred at an average price of $37.16 per share, slightly above World Kinect's closing stock price of $36.11 two days later. The company reported strong performance in its aviation and marine segments during Q2 2026, with record quarterly gross profits for both divisions. Despite a TTM net loss of -$179.4 million, the firm maintains substantial revenue from fuel supply operations across global markets. Analysts suggest this transaction appears routine rather than indicative of broader concerns.
Tickers: $WKC
Topics: CFO sale SEC Form 4 filing World Kinect