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Ownership Document |
Schema Version: X0407 |
Document Type: 4 |
Period of Report: 5/30/23 |
Issuer: |
| Issuer CIK: 853816 |
| Issuer Name: LANDSTAR SYSTEM INC |
| Issuer Trading Symbol: LSTR |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1311780 |
| | Owner Name: Gattoni James B |
| Reporting Owner Address: |
| | Owner Street 1: 13410 SUTTON PARK DRIVE SOUTH |
| | Owner Street 2: |
| | Owner City: JACKSONVILLE |
| | Owner State: FL |
| | Owner ZIP Code: 32224 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Officer Title: President & CEO |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 5/30/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 22,500 |
| | | Transaction Price Per Share: |
| Value: 175.9511 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 68,125 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The price reported is the weighted average sale price for the transactions reported. The prices received ranged from $175.10 to $176.84. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range. |
Owner Signature: |
| Signature Name: /s/ James P. Todd, attorney-in-fact |
| Signature Date: 6/1/23 |