Form 4: Landstar System Inc. Executive Ricardo S. Coro Reports Stock Transactions
SEC Form 4 Filing
Ricardo S. Coro, Vice President CIO of Landstar System Inc., reports acquisition of 1,512 shares and disposal of 393 shares to cover tax obligations on January 31, 2025.
Summary
- On January 31, 2025, Ricardo S. Coro, Vice President CIO of Landstar System Inc., engaged in transactions involving the company's common stock.
- Coro acquired 1,512 shares of common stock.
- Coro disposed of 393 shares of common stock at a price of $165.27 to cover tax withholding obligations.
- Following these transactions, Coro directly owns 21,543 shares of Landstar System Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of company executives.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock transactions: acquisition of 1,512 shares and disposal of 393 shares. |
| 02/04/2025 | Date of signature on the Form 4 filing. |
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