CORO RICARDO S 4

What Happened

• Ricardo S. Coro, Vice President — Chief Information Officer at Landstar System, was granted 1,678 shares on Jan 30, 2026 (recorded at $0.00 per share, typical for an equity award). The following day 366 of those shares were withheld/disposed to satisfy tax withholding obligations at $148.91 per share, netting $54,501 withheld.
• The grant (code A) is an equity award; the disposition (code F) represents shares withheld to pay tax rather than an open‑market sale.

Key Details

• Transaction dates and prices:
  • 2026-01-30: Award of 1,678 shares @ $0.00 (code A)
  • 2026-01-31: 366 shares withheld/disposed @ $148.91 each = $54,501 (code F; footnote F1)
• Shares owned after the transactions: not disclosed in the Form 4 provided.
• Footnote: F1 — shares were withheld to pay tax withholding obligations.
• Filing: Report filed with accession 0000853816-26-000012 on 2026-02-03 (covers transactions dated Jan 30–31, 2026).

Context

• This is a routine equity award and tax-withholding transaction. Withholding shares to cover taxes is common when restricted stock or RSUs vest and does not necessarily indicate the insider is selling shares for investment reasons.
• Codes: A = award/grant; F = shares withheld for tax withholding. No open-market purchase or voluntary sale was reported here.