Form 4: Landstar System Inc. Executive James M. Applegate Reports Stock Transactions
SEC Form 4 Filing
James M. Applegate, a Chief Officer at Landstar System Inc., reports acquisition and disposal of company stock on January 31, 2025.
Summary
- On January 31, 2025, James M. Applegate, Chief Corp Sales, Strat, & S Frt at Landstar System Inc. acquired 1,058 shares of common stock.
- On the same day, Applegate disposed of 144 shares of common stock at a price of $165.27.
- These shares were withheld to cover tax obligations.
- Following these transactions, Applegate directly owns 7,154 shares of Landstar System Inc.
- The transactions were reported on February 4, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice and provides transparency to investors.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock acquisition and disposal. |
| 02/04/2025 | Date of Form 4 filing. |
Keywords
Landstar System Inc, James M. Applegate, stock transaction, Form 4, beneficial ownership, LSTR, securities
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