Form 4: Landstar System Inc. Director Teresa L White Reports Stock Acquisition and Disposal
SEC Form 4
Director Teresa L White reported acquiring 830 shares of Landstar System Inc. common stock and disposing of 2,790 shares on May 8, 2024.
Summary
- On May 8, 2024, Teresa L White, a director of Landstar System Inc. (LSTR), reported a transaction involving the company's common stock.
- White acquired 830 shares of common stock.
- Simultaneously, White disposed of 2,790 shares of common stock.
- Following these transactions, White beneficially owns 2,790 shares of Landstar System Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently convey 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 in the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of stock acquisition and disposal transactions. |
| 05/09/2024 | Date of signature by attorney-in-fact. |
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