Frank A. Lonegro, President and CEO of Landstar System Inc, filed a Form 4 on November 2, 2026, disclosing an open-market purchase of 5,000 shares of Landstar common stock on October 30, 2026.

Key Highlights

  • Reporting person: Frank A. Lonegro, President and CEO and Director of Landstar System Inc (NASDAQ:LSTR)
  • Transaction: Purchase (Code P) of 5,000 shares of common stock on October 30, 2026
  • Weighted average price: $142.9238 per share, with individual prices ranging from $141.04 to $144.28
  • Resulting ownership: 28,110 shares of common stock held directly following the transaction
  • Filing date: November 2, 2026, signed by Lauren W. Mapanoo as attorney-in-fact

Lonegro's October 2026 Common Stock Purchase at Landstar System

According to the Form 4 filed with the SEC on November 2, 2026, Frank A. Lonegro, who serves as both President and CEO and as a Director of Landstar System Inc (NASDAQ:LSTR), acquired 5,000 shares of Landstar common stock on October 30, 2026. The filing recorded a transaction code of "P," indicating an open-market purchase. The shares were acquired directly, and the filing reports no derivative securities transactions.

The filing disclosed that the price reported, $142.9238 per share, is a weighted average of the purchase prices for the reported transactions. According to the filing's footnote, "The prices paid ranged from $141.04 to $144.28." The filing further noted that Lonegro "will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each price within the range."

Following this transaction, the filing reported that Lonegro beneficially owned 28,110 shares of Landstar common stock directly. The Form 4 was filed as an individual, single-person report and was signed by Lauren W. Mapanoo as attorney-in-fact on November 2, 2026. No check was made indicating the transaction was conducted pursuant to a Rule 10b5-1(c) plan.

What Was Disclosed

Landstar System Inc's President and CEO, Frank A. Lonegro, reported purchasing 5,000 shares of common stock on October 30, 2026, at a weighted average price of $142.9238, bringing his direct beneficial ownership to 28,110 shares.