HART MELANIE M 4

What Happened Melanie M. Hart, a director of Landstar System, Inc. (LSTR), received an award of 825 shares on May 6, 2026. The Form 4 reports these shares as acquired at $0.00 per share (total reported cash value $0), indicating a grant/award rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (period of report 2026-05-06).
• Transaction type/code: A = Award/Grant. Shares acquired: 825 at $0.00 each (reported $0 total).
• Shares owned following the transaction: not specified in the provided summary — see the official Form 4 for the insider’s total holdings.
• No footnotes or 10b5-1 / tax-withholding details were provided in the data shown. Filing appears timely (filed two days after the transaction).

Context Grants of shares to directors are common compensation or retention tools and do not necessarily indicate buying or selling intent. Such awards may be subject to vesting or other restrictions; check the company’s proxy statements or the full Form 4 for vesting terms and total post-grant ownership.