Form 4: Landstar System Inc. Officer Matthew Miller Reports Stock Disposal

Matthew Miller, Chief Safety & Operations Officer of Landstar System Inc., reported the disposal of 144 shares of common stock at a price of $186.91 on December 13, 2024.

Summary

• On December 13, 2024, Matthew Miller, the Chief Safety & Operations Officer of Landstar System Inc. (LSTR), disposed of 144 shares of common stock.
• The transaction was executed at a price of $186.91 per share.
• Following the transaction, Miller directly owns 3,604 shares of Landstar System Inc. common stock.
• Miller also indirectly owns shares through the Landstar System, Inc. 401(k) Savings Plan.

Sentiment

Score: 5

Explanation: This is a routine disclosure of an insider stock transaction. The sentiment is neutral as it doesn't inherently indicate positive or negative news about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into the actions of a key company officer.

Key Dates

Keywords

Landstar System Inc, LSTR, Matthew Miller, Chief Safety & Operations, Form 4, Stock Disposal, Insider Trading, Beneficial Ownership, Securities Exchange Act