{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-018078","form_type":"8-K","ticker":"LSTR","cik":"0000853816","company_name":"LANDSTAR SYSTEM INC","filed_at":"2026-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.827357+00:00","generated_at":"2026-05-16T09:25:13.426652+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Landstar prelim Q4 revenue $1,174M, EPS $0.70 vs $1.31; insurance costs surge","bullets":["Total revenue $1,174M (down 3% YoY); basic/diluted EPS $0.70 vs $1.31 in Q4 2024.","Operating income expected at $30M; insurance & claims costs $56M including $22M discrete items.","$11M charge from two tragic vehicular accidents; $5.7M charge from adverse Cabral judgment (100% liability).","Actuarial reserves increased $5.3M due to higher claims exposure over $1M; $2.1M impairment on Landstar Metro sale.","Truck revenue per load up ~1%, loads hauled down ~1% YoY; van loadings decreased, unsided/platform increased."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-018078","json":"https://secwatch.observer/filing/0001193125-26-018078.json","markdown":"https://secwatch.observer/filing/0001193125-26-018078.md","text":"https://secwatch.observer/filing/0001193125-26-018078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/853816/000119312526018078/0001193125-26-018078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/853816/000119312526018078/d91663d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:25:13.426652+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"}