Form 4: Landstar System Inc. Executive Matthew Dannegger Reports Stock Transactions
SEC Form 4 Filing
Chief Field Sales Officer Matthew Dannegger reports acquisition of shares and disposition for tax obligations.
Summary
- On January 31, 2025, Matthew Dannegger, Chief Field Sales Officer of Landstar System Inc., acquired 1,058 shares of common stock.
- On the same day, Dannegger disposed of 63 shares of common stock at a price of $165.27 to cover tax withholding obligations.
- Following these transactions, Dannegger directly owns 4,738 shares of Landstar System Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard practice for reporting insider transactions, providing transparency to the market regarding the buying and selling activities of company executives and directors.
Stakeholder Impact
- Shareholders are informed about insider trading activities, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock acquisition and disposition |
| 02/04/2025 | Date of signature on the Form 4 filing |
Keywords
Landstar System Inc., Matthew Dannegger, stock transaction, Form 4, LSTR, Chief Field Sales Officer, beneficial ownership
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