Landstar System (LSTR) director receives 825-share stock award, holds 9,483
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
Key Figures
Shares granted: 825 shares
Grant price per share: $0.0000 per share
Shares owned after transaction: 9,483 shares
3 metrics
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
Key Terms
Grant, award, or other acquisition, Common Stock, non-derivative, direct ownership
4 terms
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""
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.
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.