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 December 29, 2024 to March 29, 2025, the Company’s first fiscal quarter:
+Added: The following table provides information regarding the Company’s purchase of its common stock during the period from March 30, 2024 to June 28, 2025, the Company’s second fiscal quarter:
Fiscal Period
10 unchanged sentences
Be Purchased Under
−Removed: December 28, 2024
−Removed: 29, 2024 – Jan.
−Removed: 26, 2025 – Feb.
−Removed: 23, 2025 – Mar.
+Added: March 29, 2025
+Added: March 30, 2025 – April 26, 2025
+Added: April 27, 2025 – May 24, 2025
+Added: May 25, 2025 – June 28, 2025
The average price paid per share does not include the 1% excise tax on net stock repurchases, as applicable.
On December 6, 2022, the Landstar System, Inc.
−Removed: Board of Directors authorized the Company to purchase up to 1,912,824 shares of the Company’s common stock from time to time in the open market and in privately negotiated transactions.
−Removed: This program was completed during the 2025 first fiscal quarter.
−Removed: On December 6, 2022, the Landstar System, Inc.
Board of Directors authorized the Company to purchase up to 1,900,826 additional shares of the Company’s common stock from time to time in the open market and in privately negotiated transactions.
1 unchanged sentence
Board of Directors authorized the Company to purchase up to 319,332 additional shares of its common stock from time to time in the open market and in privately negotiated transactions under its share purchase program.
−Removed: As of March 29, 2025, the Company had authorization to purchase in the aggregate up to 2,161,663 shares of its common stock under these programs.
+Added: As of June 28, 2025, the Company had authorization to purchase in the aggregate up to 1,861,522 shares of its common stock under these programs.
No specific expiration date has been assigned to the December 6, 2022 or December 4, 2023 authorizations.
6 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.