STOCK TITAN

Landstar System (LSTR) CFO sells 1,200 shares at $218 average price

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Landstar System VP and CFO Todd James P reported an open-market sale of 1,200 shares of Common Stock. The weighted average sale price was $218.1693 per share, with prices ranging from $218.11 to $218.26. Following this transaction, he directly holds 15,122 shares of Landstar System stock.

Positive

  • None.

Negative

  • None.
Insider Todd James P
Role VP and CFO
Sold 1,200 shs ($262K)
Type Security Shares Price Value
Sale Common Stock 1,200 $218.1693 $262K
Holdings After Transaction: Common Stock — 15,122 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 1,200 shares Open-market sale of Common Stock
Weighted average sale price $218.1693 per share Average price across reported sale transactions
Sale price range $218.11–$218.26 per share Range of prices received for sold shares
Shares held after transaction 15,122 shares Direct ownership by VP and CFO following sale
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"The price reported is the weighted average sale price for the transactions reported."
Common Stock financial
"security_title: "Common Stock""
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.
transaction code "S" regulatory
"transaction_code: "S" indicating a sale in open market or private transaction"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Todd James P

(Last)(First)(Middle)
13410 SUTTON PARK DRIVE SOUTH

(Street)
JACKSONVILLE FLORIDA 32224

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LANDSTAR SYSTEM INC [ LSTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026S1,200D$218.1693(1)15,122D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported is the weighted average sale price for the transactions reported. The prices received ranged from $218.11 to $218.26. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range.
/s/ Lauren W. Mapanoo, attorney-in-fact06/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Landstar System (LSTR) disclose for Todd James P?

Landstar System reported that VP and CFO Todd James P executed an open-market sale of 1,200 shares of Common Stock. The transaction reflects routine portfolio activity and leaves him with a remaining direct stake of 15,122 shares in the company.

At what price did the Landstar System (LSTR) CFO sell his shares?

The CFO’s 1,200-share sale used a weighted average price of $218.1693 per share. Individual trades occurred within a narrow range from $218.11 to $218.26, as disclosed, reflecting typical execution across multiple transactions on the same trading day.

How many Landstar System (LSTR) shares does the CFO hold after this sale?

After completing the 1,200-share open-market sale, the Landstar System VP and CFO directly holds 15,122 shares of Common Stock. This remaining ownership indicates he continues to maintain a meaningful equity position in the company following the reported transaction.

Was the Landstar System (LSTR) CFO’s transaction a buy or a sell?

The transaction reported for Landstar System’s VP and CFO was a sell. It is classified as an open-market sale of 1,200 shares of Common Stock, based on transaction code “S” and the filing’s transaction direction field specifying a sale.

What does the weighted average sale price mean in the Landstar (LSTR) Form 4?

The weighted average sale price of $218.1693 reflects multiple trades executed between $218.11 and $218.26. The filing notes the insider will provide detailed share counts at each individual price level upon request to the issuer, any security holder, or SEC staff.