1 unchanged sentence
Purchases of Equity Securities by the Company
−Removed: The following table provides information regarding the Company’s purchase of its common stock during the period from June 27, 2021 to September 25, 2021, the Company’s third fiscal quarter:
+Added: The following table provides information regarding the Company’s purchase of its common stock during the period from December 25, 2021 to March 26, 2022, the Company’s first fiscal quarter:
Fiscal Period
9 unchanged sentences
Purchased Under the
−Removed: June 26, 2021
−Removed: June 27, 2021 – July 24, 2021
−Removed: July 25, 2021 – August 21, 2021
−Removed: August 22, 2021 – September 25, 2021
+Added: December 25, 2021
+Added: December 26, 2021 – January 22, 2022
+Added: January 23, 2022 – February 19, 2022
+Added: February 20, 2022 – March 26, 2022
On December 7, 2021, the Landstar System, Inc.
+Added: Board of Directors authorized the Company to purchase up to 1,912,824 additional shares of the Company’s Common Stock from time to time in the open market and in privately negotiated transactions.
+Added: On December 9, 2019, the Landstar System, Inc.
Board of Directors authorized the Company to purchase up to 1,849,068 shares of the Company’s Common Stock from time to time in the open market and in privately negotiated transactions.
−Removed: As of September 25, 2021, the Company had authorization to purchase in the aggregate up to 1,503,984 shares of its common stock under this program.
−Removed: No specific expiration date has been assigned to the December 9, 2019 authorization.
+Added: As of March 26, 2022, the Company had authorization to purchase in the aggregate up to 2,306,450 shares of its Common Stock under these programs.
+Added: No specific expiration date has been assigned to the December 7, 2021 or December 9, 2019 authorizations.
On August 18, 2020, Landstar entered into an amended and restated credit agreement with a syndicate of banks and JPMorgan Chase Bank, N.A., as administrative agent (the “Credit Agreement”).
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.