Landstar (LSTR) VP CIO logs 1,678-share grant and 366-share tax withholding
Rhea-AI Filing Summary
Landstar System executive Ricardo S. Coro, Vice President and CIO, reported routine equity transactions in company common stock. On January 30, 2026, he acquired 1,678 shares at $0 per share, likely reflecting the vesting or grant of stock-based compensation, bringing his holdings to 23,221 shares.
On January 31, 2026, 366 shares were withheld at $148.91 per share, classified under code “F”, which the footnote explains represents shares withheld to satisfy tax withholding obligations. After these transactions, Coro directly owned 22,855 shares of Landstar common stock.
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FAQ
What insider transactions did Landstar (LSTR) VP CIO Ricardo Coro report?
Coro reported one stock grant and one tax-related share withholding. He acquired 1,678 Landstar common shares at $0 on January 30, 2026, then had 366 shares withheld at $148.91 on January 31, 2026 to cover tax obligations.
How many Landstar (LSTR) shares does Ricardo Coro own after the Form 4?
After the reported transactions, Ricardo S. Coro directly owns 22,855 shares of Landstar common stock. This figure reflects the 1,678-share acquisition followed by 366 shares withheld to satisfy tax withholding obligations, as disclosed in the Form 4 filing.
What does transaction code F mean in the Landstar (LSTR) Form 4 filing?
In this Form 4, transaction code F indicates shares withheld by the issuer to cover tax withholding obligations. Specifically, 366 shares of Landstar common stock were withheld at $148.91 per share on January 31, 2026 for this purpose.
Was the Landstar (LSTR) insider transaction an open market sale or purchase?
The filing does not show an open market trade. It reports a grant or vesting of 1,678 shares at $0 and a tax withholding of 366 shares at $148.91, both typical of equity compensation activity.
What role does Ricardo S. Coro hold at Landstar (LSTR) in this Form 4?
Ricardo S. Coro is identified as an officer of Landstar with the title Vice President - CIO. He is not listed as a director or 10% owner, and the Form 4 is filed for him as a single reporting person.
Are Ricardo Coro’s Landstar (LSTR) shares held directly or indirectly?
The Form 4 shows all reported holdings as direct ownership, marked with code “D” in the ownership column. There is no indication of indirect ownership through trusts, partnerships, or other entities in the disclosed transactions.