World Kinect CFO Jose-Miguel Tejada Sells 6,000 Shares for $223,000
Key PointsThe executive disposed of 6,000 shares for approximately $223,000.
On August 13, Jose-Miguel Tejada, the EVP and Chief Financial Officer of World Kinect, sold 6,000 shares of the company's stock. This transaction, as reported in an SEC Form 4 filing, generated a total value of $223,000 based on the weighted average sale price of $37.16 per share. The post-transaction value, calculated using the market close price of $37.12 on August 13, 2026, was slightly lower at $223,040.
World Kinect is a global energy management firm with a substantial annual revenue of $41.7 billion, operating in multiple segments to cater to the aviation, land, and marine fuel markets. The company's operational presence is geographically dispersed across several continents, making it a significant player in global fuel supply and energy logistics.
Despite facing recent operational challenges that resulted in a TTM net loss, World Kinect's large revenue base and diverse customer portfolio in the commercial aviation and marine sectors bolster its market standing in the energy management sector.
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