Welcome to our dedicated page for Landstar Sys SEC filings (Ticker: LSTR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Landstar System, Inc. (NASDAQ: LSTR) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Landstar is a technology-enabled, asset-light provider of integrated transportation management solutions, and its filings offer detailed insight into how this business model operates across truck transportation and related freight services.
Through documents such as annual reports on Form 10-K and quarterly reports on Form 10-Q, Landstar reports revenue by mode, including truckload transportation hauled via van and unsided/platform equipment, other truck transportation largely related to power-only services, less-than-truckload, and freight moved by rail, air and ocean cargo carriers. These filings also explain key financial concepts used by the company, such as variable contribution and variable contribution margin, and provide expanded discussion of risk factors, insurance and claims, and capital allocation through share repurchases and dividends.
Current Reports on Form 8-K available on this page capture material events, including quarterly earnings announcements, strategic review outcomes, legal developments and governance changes. Examples include disclosures about non-cash impairment charges related to Landstar Metro, the decision to make Landstar TMS the primary transportation management system for truckload brokerage contract services, the planned wind-down of Blue TMS, and information about the company’s minority equity investment in Cavnue. Other 8-K filings describe board appointments, director independence determinations and committee assignments.
Stock Titan enhances these filings with AI-powered summaries that highlight key points from lengthy documents, helping readers understand complex sections such as risk factor discussions, non-GAAP reconciliations and descriptions of legal proceedings. Users can also review information related to LSTR insider and director compensation arrangements as disclosed in relevant filings. With real-time updates from EDGAR and simplified explanations, this page is a practical starting point for analyzing Landstar’s official SEC record.
Vanguard Capital Management reported beneficial ownership of 1,791,653 shares of Landstar System Inc common stock, representing 5.27% of the class as of 03/31/2026. The filing lists 259,753 shares as sole voting power and 1,791,653 shares as sole dispositive power. The Schedule 13G states these holdings include securities held for Vanguard funds and other managed accounts and is signed by Ashley Grim on 04/30/2026.
Landstar System, Inc. reports higher first‑quarter results for the thirteen weeks ended March 28, 2026. Revenue rose to $1.17 billion, up 2% year over year, driven by higher revenue per load despite slightly fewer loads.
Operating income increased to $53.2 million from $39.4 million as gross profit margin improved to 9.6% and insurance and claims costs declined. Net income grew to $39.4 million, or $1.16 per share, compared with $29.8 million, or $0.85 per share, helped by lower depreciation, stable commissions, and disciplined cost control.
Vanguard Portfolio Management reports beneficial ownership of 1,756,831 shares of Landstar System Inc Common Stock, representing 5.17% of the class as of 03/31/2026. The filing shows Vanguard has sole dispositive power over 1,756,831 shares and sole voting power for 4,120 shares.
Landstar System, Inc. reported solid growth for the first quarter of fiscal 2026, with revenue of $1.171 billion, up 2% from the prior-year quarter, and basic and diluted EPS of $1.16, a 36% increase. Net income rose to $39.4 million from $29.8 million.
Profitability improved as gross profit climbed 14% to $112.5 million and operating income increased 35% to $53.2 million. Truck transportation revenue grew to $1.082 billion, supported by higher revenue per load despite fewer loads. The company generated $72.4 million of free cash flow, repurchased about $22.6 million of stock, and declared a $0.40 quarterly dividend, while maintaining cash and short-term investments of roughly $411 million.
Landstar System, Inc. reported a leadership change in its legal department. Michael K. Kneller, who has served as Vice President, General Counsel, Secretary and an executive officer since 2005, will resign effective May 8, 2026 to join the law firm Scopelitis, Garvin, Light, Hanson & Feary, P.C.
To ensure continuity, Landstar has appointed Vallie S. Dugas, currently Vice President and Assistant General Counsel, as Interim Vice President, General Counsel and Secretary, effective the same date. The filing does not describe any dispute; it frames the move as a career transition and notes an internal interim replacement.
The Vanguard Group filed Amendment No. 14 to a Schedule 13G/A reporting zero beneficial ownership of Landstar System Inc. common stock. The amendment states that, following an January 12, 2026 internal realignment and in reliance on SEC Release No. 34-39538, certain subsidiaries and business divisions will report beneficial ownership separately and Vanguard no longer is deemed to beneficially own the securities held by those entities. The filing lists Amount beneficially owned: 0 and Percent of class: 0%.
Landstar System, Inc. is asking stockholders to vote at its virtual-only 2026 Annual Meeting on May 5, 2026, with a record date of March 10, 2026. Stockholders will consider three key proposals: electing nine directors, ratifying KPMG LLP as independent auditor, and approving an advisory vote on executive compensation, all recommended "FOR" by the Board.
The Board recently added directors J. Barr Blanton and Melanie M. Hart and plans to reduce its size from ten to nine after director Anthony J. Orlando retires at the meeting. The Board is majority independent, led by a Non-Executive Chairman, and operates through fully independent audit, compensation, and governance committees. A diversity matrix shows ten directors, including four women.
Management highlights navigating a prolonged freight downturn while pursuing strategic growth in Heavy Haul and U.S./Mexico cross-border freight, with Heavy Haul achieving record revenues in 2025 and those two areas representing about 20% of business. Over the past two years, the company returned approximately $261 million via share repurchases and $245 million in dividends, while maintaining an asset-light model and strong balance sheet.
Landstar is accelerating its use of artificial intelligence, including an agent-focused portal with embedded AI and additional AI initiatives in pricing, customer support, retention, trailer management, credit approvals, and ERP. Approximately half of the 2026 technology capital expenditure budget is dedicated to AI-enabled solutions. The executive compensation program is positioned as pay-for-performance, combining modest base salaries, annual incentive opportunities tied to financial goals, and equity awards intended to align leadership with long-term stockholder value.
Landstar System Inc officer Matthew Miller reported a small tax-related share disposition. On this Form 4, 130 shares of common stock were withheld at $146.78 per share to cover tax withholding obligations, according to the footnote.
After this tax-withholding event, Miller directly holds 4,841 shares of Landstar System common stock. Because the transaction reflects shares withheld for taxes rather than an open-market sale, it represents a routine administrative adjustment tied to equity compensation rather than a discretionary trade.
Lewis Terri M reported acquisition or exercise transactions in this Form 4 filing.
LANDSTAR SYSTEM INC reported that Chief Human Resources Officer Terri M. Lewis received equity awards of company common stock. On this date, she was granted 1,169 shares of common stock, followed by an additional grant of 3,342 shares, both at a grant price of $0.00 per share. After these awards, her directly held common stock position increased to 4,511 shares.
LANDSTAR SYSTEM INC filed an initial insider ownership report (Form 3) for Terri M. Lewis, who serves as Chief Human Resources Officer. The filing does not list any buy, sell, acquisition, or disposition transactions and functions as a baseline disclosure of her insider status.