{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-118369","form_type":"8-K","ticker":"LSTR","cik":"0000853816","company_name":"LANDSTAR SYSTEM INC","filed_at":"2025-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.476650+00:00","generated_at":"2026-05-21T19:38:01.765733+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Landstar Q1 EPS $0.85 vs $1.32 YoY; revenue $1.153B; fraud charge $0.10; dividend raised 11% to $0.40","bullets":["EPS of $0.85 (GAAP) in Q1 2025, down from $1.32 in Q1 2024; adjusted EPS prior to fraud charge $0.95.","Revenue $1.153B, slightly down 1.5% YoY from $1.171B; truck loads down 1.2%.","Includes $4.8M pre-tax charge ($0.10 per share) for supply chain fraud in international forwarding; insurance costs elevated at 9.3% of BCO revenue.","Board declared quarterly dividend $0.40, up 11% from $0.36; payable June 24 to holders of record June 5.","Operating income $39.4M vs $60.0M YoY; gross profit $98M vs $114M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-118369","json":"https://secwatch.observer/filing/0001193125-25-118369.json","markdown":"https://secwatch.observer/filing/0001193125-25-118369.md","text":"https://secwatch.observer/filing/0001193125-25-118369.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/853816/000119312525118369/0001193125-25-118369-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/853816/000119312525118369/d946662d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T19:38:01.765733+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}