Landstar System (LSTR) VP General Counsel files Form 3 for 645 shares
Rhea-AI Filing Summary
LANDSTAR SYSTEM INC reported the initial equity holdings of officer Vallie S. Dugas, who serves as VP General Counsel & Secretary. The filing lists 645 shares of Common Stock held with direct ownership. This is an initial statement of beneficial ownership, not a reported trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dugas Vallie S
Role
VP General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 645 shares (Direct)
Key Figures
Common Stock held: 645 shares
1 metrics
Common Stock held
645 shares
Direct ownership reported following the Form 3 position
Key Terms
Common Stock
1 terms
Common Stock financial
"The filing lists 645 shares of Common Stock held with direct ownership"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does LANDSTAR SYSTEM INC (LSTR) disclose in this Form 3?
LANDSTAR SYSTEM INC discloses the initial beneficial ownership of Common Stock by officer Vallie S. Dugas, reporting a direct holding of 645 shares. This establishes a baseline of insider equity ownership.
What is Vallie S. Dugas’s role at LANDSTAR SYSTEM INC (LSTR)?
Vallie S. Dugas is identified as an officer of LANDSTAR SYSTEM INC with the title VP General Counsel & Secretary. The Form 3 links this executive role to the reported direct ownership of company Common Stock.
Does the LANDSTAR SYSTEM INC (LSTR) Form 3 show any insider buying or selling?
The Form 3 does not show explicit buy or sell transactions. It reports a holding entry indicating 645 shares of Common Stock directly owned, serving as an initial ownership baseline rather than a trade record.
Is the LANDSTAR SYSTEM INC (LSTR) Form 3 filed under a Rule 10b5-1 plan?
The Form 3 data do not indicate use of a Rule 10b5-1 trading plan. The document-level trading plan indicator is null, and the single entry is a holding record, not a scheduled trade execution.
AI-generated analysis. How Rhea-AI works. Not financial advice.