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Landstar System (LSTR) grants VP 4,924 shares of common stock

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Form Type
4

Rhea-AI Filing Summary

Clement William C reported acquisition or exercise transactions in this Form 4 filing.

Landstar System Inc. reported that VP and Chief Commercial Officer William C. Clement received a grant or award of 4,924 shares of Common Stock on 2026-08-01 at a reported price of $0.0000 per share. Following this equity award, he directly owns 4,924 shares of the company. The award was not reported as being made under a Rule 10b5-1 trading plan.

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Insider Clement William C
Role VP, Chief Commercial Officer
Type Security Shares Price Value
Grant/Award Common Stock 4,924 $0.00 $0.00
Holdings After Transaction: Common Stock — 4,924 shares (Direct)
Shares acquired 4924.0000 shares Grant or award of Common Stock reported for 2026-08-01
Reported price per share $0.0000 Acquisition price per share for the stock award
Total holdings after transaction 4924.0000 shares Direct Common Stock beneficial ownership after the award
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Rule 10b5-1 regulatory
"Footnotes may reference Rule 10b5-1 trading plans or pre-arranged trades"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Common Stock financial
""security_title": "Common Stock" in the transaction details"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Landstar System (LSTR) report for August 1, 2026?

Landstar System reported that VP and Chief Commercial Officer William C. Clement received a grant or award of 4,924 shares of Common Stock on 2026-08-01, recorded as a compensation-related acquisition rather than an open-market purchase or sale.

How many shares did William C. Clement receive in the latest Landstar System (LSTR) Form 4?

William C. Clement received 4,924 shares of Landstar System Common Stock. The transaction was coded as a grant, award, or other acquisition, indicating a compensation-related equity award rather than a market trade, and all reported shares were acquired in this single transaction.

At what price were the Landstar System (LSTR) shares granted to William C. Clement?

The Form 4 reports a price of $0.0000 per share for the 4,924-share award to William C. Clement. This zero price is typical for equity compensation grants, reflecting that the shares were awarded rather than purchased in the open market.

How many Landstar System (LSTR) shares does William C. Clement own after this award?

After the reported transaction, William C. Clement directly owns 4,924 shares of Landstar System Common Stock. The filing lists this amount as his total shares following the transaction, with the ownership type shown as direct rather than indirect.

Was the Landstar System (LSTR) Form 4 transaction made under a Rule 10b5-1 trading plan?

The filing indicates the transaction was not made under a Rule 10b5-1 trading plan, as the related checkbox is shown as unchecked. The award is reported simply as a compensation-related acquisition of shares, without reference to any pre-arranged trading arrangement.
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*
Clement William C

(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, Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026
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 Stock08/01/2026A4,924A$04,924D
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:
/s/ Lauren W. Mapanoo, attorney-in-fact08/04/2026
** 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)