---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-001611"
form_type: "8-K"
ticker: "WKC"
cik: "0000789460"
company_name: "WORLD KINECT CORP"
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:45:32.703260+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# World Fuel grants TSR-based PRSUs to NEOs; COO Smith retires Dec 31, 2022

## Summary
- Transformational PRSU awards approved: Kasbar target 181,160 units, Birns & Rau 50,725 each, vesting on TSR over 3 years to Nov 2025.
- Maximum performance could increase market cap by ~$1B; payout ranges from 50% to 200% of target.
- EVP/COO Jeffrey Smith to retire Dec 31, 2022; will remain as non-executive employee through Dec 2023 with $240k salary and 2023 bonus eligibility.
- Awards intended to align management with energy transition strategy; granted under 2021 Omnibus Plan.

## SEC filing metadata
- accession: 0001157523-22-001611
- form_type: 8-K
- ticker: WKC
- cik: 0000789460
- company_name: WORLD KINECT CORP
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789460/000115752322001611/0001157523-22-001611-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789460/000115752322001611/a52968266.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-001611
- JSON: https://secwatch.observer/filing/0001157523-22-001611.json
- Plain text: https://secwatch.observer/filing/0001157523-22-001611.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.