{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-296288","form_type":"8-K","ticker":"LSTR","cik":"0000853816","company_name":"LANDSTAR SYSTEM INC","filed_at":"2026-07-06T20:42:07+00:00","discovered_at":"2026-07-06T20:43:01.826168+00:00","generated_at":"2026-07-06T20:43:07.608290+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Landstar enters $300M revolving credit facility maturing 2031, replacing prior agreement","bullets":["$300M revolving credit facility with uncommitted accordion feature for up to $500M additional.","Termination date June 30, 2031; no borrowings outstanding as of June 30, 2026.","Financial covenants include minimum interest coverage and maximum net leverage ratios.","Change of control default triggered if any person/group acquires 35%+ of Landstar's stock.","Obligations guaranteed by substantially all of LSHI's subsidiaries; foreign stock pledges limited to 65% voting."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-296288","json":"https://secwatch.observer/filing/0001193125-26-296288.json","markdown":"https://secwatch.observer/filing/0001193125-26-296288.md","text":"https://secwatch.observer/filing/0001193125-26-296288.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/853816/000119312526296288/0001193125-26-296288-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/853816/000119312526296288/d110858d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-06T20:43:07.608290+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"}