Landstar System (LSTR) grants VP 4,924 shares of common stock
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,924 shares
Net Buy
1 txn
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)
Key Figures
Shares acquired: 4924.0000 shares
Reported price per share: $0.0000
Total holdings after transaction: 4924.0000 shares
3 metrics
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
Key Terms
Grant, award, or other acquisition, Rule 10b5-1, Common Stock
3 terms
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.
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.
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.