Todd James P 4

What Happened
Todd James P, Vice President and Chief Financial Officer of Landstar System, reported an open-market sale of 1,200 shares on 2026-06-15. The weighted-average sale price was $218.17, yielding proceeds of approximately $261,803. The filing reports the transaction as a sale (S).

Key Details

• Transaction date: 2026-06-15 (reported on Form 4 filed 2026-06-16).
• Shares sold: 1,200; weighted-average price: $218.17; total proceeds: ~$261,803.
• Price range: $218.11 to $218.26 (footnote F1 states the reporting person can provide the exact number of shares sold at each price upon request).
• Shares owned after the transaction: not specified in the information provided.
• Filing timeliness: Filed the next day (not indicated as late).
• Transaction code: S (sale); no indication this was an options exercise, gift, or tax withholding.

Context
Insider sales are often routine and do not necessarily indicate a change in outlook; purchases are typically more informative about insider sentiment. This filing documents an outright sale in the open market; no 10b5-1 plan or other special instructions were disclosed in the provided data.