Miller Matthew 4
4 · LANDSTAR SYSTEM INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Landstar (LSTR) Chief Safety & Operations Matthew Miller Sells 130 Shares
What Happened Matthew Miller, Chief Safety & Operations at Landstar System, had 130 shares withheld to satisfy tax withholding obligations related to a prior equity transaction. The shares were valued at $146.78 each, for a total of $19,081. This was a withholding disposition (not an open-market sale) tied to tax obligations following an equity event.
Key Details
- Transaction date: 2026-03-15
- Price per share: $146.78; shares withheld/disposed: 130; total value: $19,081
- Shares owned after the transaction: not specified in the provided report
- Footnote: F1 — shares were withheld to pay tax withholding obligations
- Filing: Form 4 filed 2026-03-17 (timely filing within the usual two-business-day window)
Context This transaction reflects tax-withholding upon an equity event (commonly an option exercise or vesting) rather than an active sale to realize cash. Such withholdings are routine administrative dispositions and do not necessarily indicate the insider’s view on the company's stock.
Insider Transaction Report
Form 4
Miller Matthew
Chief Safety & Operations
Transactions
- Tax Payment
Common Stock
[F1]2026-03-15$146.78/sh−130$19,081→ 4,841 total
Footnotes (1)
- [F1]Represents shares withheld to pay tax withholding obligations.
Signature
/s/ Lauren W. Mapanoo, attorney-in-fact|2026-03-17