---
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"
generated_at: "2026-07-06T20:43:07.608290+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Landstar enters $300M revolving credit facility maturing 2031, replacing prior agreement

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-296288
- JSON: https://secwatch.observer/filing/0001193125-26-296288.json
- Plain text: https://secwatch.observer/filing/0001193125-26-296288.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.