Form 4: Landstar System Inc. CFO James P. Todd Sells 1,000 Shares
SEC Form 4
James P. Todd, VP and CFO of Landstar System Inc., sold 1,000 shares of common stock at a price of $184.32 on November 6, 2024.
Summary
- On November 6, 2024, James P. Todd, the VP and CFO of Landstar System Inc. (LSTR), sold 1,000 shares of the company's common stock.
- The sale was executed at a price of $184.32 per share.
- Following the transaction, Todd directly owns 14,083 shares of Landstar System Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a stock sale by an executive, which is neutral in sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, but it is a common practice and does not necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of transaction: James P. Todd sold 1,000 shares of Landstar System Inc. common stock. |
| 11/08/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.