|4Feb 3, 4:02 PM ET

Applegate James M 4

4 · LANDSTAR SYSTEM INC · Filed Feb 3, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-01-30
Applegate James M
Chief Corp Sales, Strat, S Frt
Transactions
  • Award

    Common Stock

    2026-01-30+1,1758,329 total
  • Tax Payment

    Common Stock

    [F1]
    2026-01-31$148.91/sh227$33,8038,102 total
Footnotes (1)
  • [F1]Represents shares withheld to pay tax withholding obligations.
Signature
/s/ Lauren W. Mapanoo, attorney-in-fact|2026-02-03

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT