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LSTR · Current Report (Form 8-K) · Filed May 6, 2026

Landstar System Inc — Current Report (Form 8-K)

Form
8-K
Filed
May 6, 2026
Period
May 5, 2026
Ticker
LSTR
Accession
0001193125-26-207702
Boardroom Alpha · Filing insights

Landstar elected nine directors for 2027, ratified KPMG as auditor, and approved executive compensation on an advisory basis.

About Landstar System Inc
Market cap
$7.2B
1Y TSR
+38.5%
3Y TSR
+2.4%
Board grade
B-
Sector
Industrials
CEO
Frank A Lonegro
Last annual meeting: May 5, 2026 · View full Landstar System Inc profile →
8-K
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) May 5, 2026

 

 

 

LOGO

LANDSTAR SYSTEM, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   021238   06-1313069
(State or other jurisdiction   (Commission   (I.R.S. Employer
of incorporation)   File Number)   Identification No.)

 

13410 Sutton Park Drive South, Jacksonville, Florida   32224
(Address of principal executive offices)   (Zip Code)

(904) 398-9400

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock   LSTR   NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.07

Submission of Matters to a Vote of Security Holders

Landstar System, Inc. (the “Company”) held its 2026 Annual Meeting on May 5, 2026. A total of 31,613,594 shares, or approximately 93% of the common stock issued and outstanding as of the record date, was represented in person or by proxy. The matters voted upon by the Company’s stockholders (the “Stockholders”) at the 2026 Annual Meeting included: (i) the election of nine Directors whose terms will expire at the 2027 annual meeting of stockholders (the “2027 Annual Meeting”); (ii) the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal year 2026; and (iii) an advisory vote on the Company’s 2025 executive compensation.

(1) Election of Directors. At the meeting, Homaira Akbari, David G. Bannister, J. Barr Blanton, Melanie M. Hart, James L. Liang, Frank A. Lonegro, Diana M. Murphy, George P. Scanlon and Teresa L. White were each elected by the Stockholders to serve a new term as a Director on the Board, with such term to expire at the 2027 Annual Meeting. The votes cast with respect to Dr. Akbari, Mr. Bannister, Mr. Blanton, Ms. Hart, Mr. Liang, Mr. Lonegro, Ms. Murphy, Mr. Scanlon and Ms. White were as follows:

 

Director    Votes For      Votes Against      Abstain      Broker Non-Votes  

Homaira Akbari

     29,260,412        1,110,285        21,276        1,221,621  

David G. Bannister

     28,929,147        1,426,399        36,427        1,221,621  

J. Barr Blanton

     30,144,955        201,001        46,017        1,221,621  

Melanie M. Hart

     30,161,411        200,304        30,258        1,221,621  

James L. Liang

     29,821,894        547,285        22,794        1,221,621  

Frank A. Lonegro

     29,887,670        473,378        30,925        1,221,621  

Diana M. Murphy

     28,725,593        1,630,078        36,302        1,221,621  

George P. Scanlon

     29,800,078        574,326        17,569        1,221,621  

Teresa L. White

     29,784,053        569,388        38,532        1,221,621  

(2) Ratification of Appointment of KPMG LLP. At the meeting, the Stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal year 2026. This proposal received 31,106,739 affirmative votes and 476,986 negative votes. There were 29,869 abstentions with respect to this proposal.

(3) Advisory Vote on Executive Compensation. At the meeting, the Stockholders voted to approve, on an advisory basis, the following resolution:

“RESOLVED, that the Company’s stockholders approve, on an advisory basis, the compensation of the Named Executives, as disclosed in the Company’s Proxy Statement for the 2026 Annual Meeting pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis, the 2025 Summary Compensation Table and the other related tables and disclosure.”

This proposal received 28,709,272 affirmative votes and 1,650,850 negative votes. There were 31,851 abstentions and 1,221,621 broker non-votes with respect to this proposal.

The meeting was then adjourned.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  LANDSTAR SYSTEM, INC.
Date: May 6, 2026   By:  

/s/ James P. Todd

    Name:     James P. Todd
    Title:    

Vice President, Chief Financial Officer

and Assistant Secretary

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Reference

Frequently asked questions

When did Landstar System Inc file this 8-K?
Landstar System Inc (LSTR) filed this Current Report (Form 8-K) with the SEC on May 6, 2026. The accession number assigned by EDGAR is 0001193125-26-207702.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
Landstar elected nine directors for 2027, ratified KPMG as auditor, and approved executive compensation on an advisory basis. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Landstar System Inc's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Landstar System Inc has filed under CIK 853816, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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