Applegate James M 4
4 · LANDSTAR SYSTEM INC · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Landstar (LSTR) James Applegate Receives Award; 227 Shares Withheld
What Happened
- James M. Applegate, listed as Chief, Corporate Sales (per filing), was granted 1,175 shares on 2026-01-30 as an award (acquisition at $0.00, total $0). On 2026-01-31, 227 shares were withheld to satisfy tax withholding obligations at $148.91 per share, generating proceeds of $33,803 (disposition reported as "F" — tax withholding).
Key Details
- Transaction dates and prices:
- 2026-01-30: Award of 1,175 shares, $0.00 per share (acquired).
- 2026-01-31: 227 shares withheld for taxes at $148.91 per share (disposed), proceeds $33,803.
- Shares owned after the transactions: Not specified in the provided filing excerpt.
- Footnote: F1 indicates the 227 shares were withheld to pay tax withholding obligations (routine).
- Filing timeliness: Form 4 filed 2026-02-03 — within the typical 2-business-day window for the 2026-01-30/31 transactions (filing appears timely).
Context
- This was an equity award (grant) to an executive, followed by a standard tax-withholding action (shares withheld rather than a cash payment). Withheld shares to cover taxes are routine and do not necessarily indicate bullish or bearish sentiment.
Insider Transaction Report
Form 4
Applegate James M
Chief Corp Sales, Strat, S Frt
Transactions
- Award
Common Stock
2026-01-30+1,175→ 8,329 total - Tax Payment
Common Stock
[F1]2026-01-31$148.91/sh−227$33,803→ 8,102 total
Footnotes (1)
- [F1]Represents shares withheld to pay tax withholding obligations.
Signature
/s/ Lauren W. Mapanoo, attorney-in-fact|2026-02-03