STOCK TITAN

Landstar System (LSTR) director receives 825-share stock award, holds 9,483

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Scanlon George P reported acquisition or exercise transactions in this Form 4 filing.

Landstar System director George P. Scanlon received a stock award of 825 shares of common stock on May 6, 2026. The shares were granted at no cash cost to him as compensation, rather than purchased on the open market. After this award, he directly owns 9,483 shares of Landstar System common stock.

Positive

  • None.

Negative

  • None.
Insider Scanlon George P
Role null
Type Security Shares Price Value
Grant/Award Common Stock 825 $0.00 --
Holdings After Transaction: Common Stock — 9,483 shares (Direct, null)
Footnotes (1)
Shares granted 825 shares Common Stock award on May 6, 2026
Grant price per share $0.0000 per share Compensation-related stock award
Shares owned after transaction 9,483 shares Direct holdings following the grant
Grant, award, or other acquisition regulatory
"transaction_code_description: "Grant, award, or other acquisition""
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.
non-derivative financial
"transaction_type: "non-derivative""
direct ownership financial
"ownership_type: "direct" with ownership_code "D""
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*
Scanlon George 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
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 Stock05/06/2026A825A$09,483D
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-fact05/08/2026
** 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 did Landstar System (LSTR) director George P. Scanlon report on this Form 4?

George P. Scanlon reported receiving a grant of 825 shares of Landstar System common stock. The shares were awarded as compensation at no cash cost, increasing his direct holdings to 9,483 shares following the transaction.

Was the Landstar System (LSTR) Form 4 transaction a stock purchase or a grant?

The Form 4 transaction was a stock grant, not a market purchase. The filing classifies it as a “Grant, award, or other acquisition,” with 825 shares of common stock awarded at a price of $0.0000 per share.

How many Landstar System (LSTR) shares does George P. Scanlon hold after this Form 4?

After the reported transaction, George P. Scanlon directly holds 9,483 shares of Landstar System common stock. This reflects his position following the 825-share award disclosed in the filing, as indicated in the post-transaction ownership field.

What is the significance of the zero price per share in the Landstar System (LSTR) Form 4?

The zero price per share shows the 825 shares were granted without cash payment. This indicates a compensation-related award rather than an open-market trade, consistent with the Form 4 code describing it as a grant or award acquisition.

Is George P. Scanlon’s Landstar System (LSTR) ownership direct or indirect after the grant?

His holdings are reported as direct ownership after the grant. The Form 4 lists 9,483 shares of common stock held with ownership type coded as direct, and no footnotes indicate that the shares are controlled by another entity.