Form 4: Landstar System Inc. Director, George P. Scanlon, Reports Stock Acquisition and Disposal
SEC Form 4 Filing
Director George P. Scanlon reported acquiring 830 shares of Landstar System Inc. common stock and disposing of 7,615 shares on May 8, 2024.
Summary
- On May 8, 2024, George P. Scanlon, a director of Landstar System Inc., reported a transaction involving the company's common stock.
- Scanlon acquired 830 shares of common stock.
- Scanlon disposed of 7,615 shares of common stock.
- Following these transactions, Scanlon directly owns 7,615 shares of Landstar System Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director. The acquisition and disposal could have various motivations and don't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company directors and officers.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of stock acquisition and disposal |
| 05/09/2024 | Date of signature by attorney-in-fact |
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