Last updated: 9 May 2024 at 4:35pm EST

David Bannister Net Worth




The estimated Net Worth of David G/ Bannister is at least $8.66 Million dollars as of 26 April 2010. Mr. Bannister owns over 27,000 units of Landstar System stock worth over $8,192,708 and over the last 21 years he sold LSTR stock worth over $277,028. In addition, he makes $185,528 as Independent Director at Landstar System.

Mr. Bannister LSTR stock SEC Form 4 insiders trading

David has made over 6 trades of the Landstar System stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 27,000 units of LSTR stock worth $350,190 on 26 April 2010.

The largest trade he's ever made was exercising 27,000 units of Landstar System stock on 26 April 2010 worth over $350,190. On average, David trades about 4,645 units every 113 days since 2003. As of 26 April 2010 he still owns at least 45,680 units of Landstar System stock.

You can see the complete history of Mr. Bannister stock trades at the bottom of the page.





David Bannister biography

David G. Bannister serves as Independent Director of the Company. Mr. Bannister has been a Director of the Company since April 1991. Mr. Bannister is a private investor. From May 2005 to September 2014, Mr. Bannister held a number of positions with FTI Consulting, Inc. (“FTI”), a global business consulting firm listed on the New York Stock Exchange (“NYSE”). Effective April 1, 2011, Mr. Bannister was elected to the position of Chairman of the North American Region of FTI. In this capacity, Mr. Bannister had operating and profitability responsibility for FTI’s client-service operations and business segments. Mr. Bannister served as Executive Vice President and Chief Financial Officer of FTI from March 2010 to April 2011, Executive Vice President – Corporate Development and Chief Administrative Officer from December 2008 to March 2010, Executive Vice President – Corporate Development from June 2006 to December 2008 and Senior Vice President – Business Development from May 2005 to June 2006. From 1998 to 2003, Mr. Bannister was a General Partner of Grotech Capital Group, Inc., a private equity and venture capital firm. Prior to joining Grotech Capital Group, Inc. in May 1998, Mr. Bannister was a Managing Director at Deutsche Bank Alex Brown Incorporated.

What is the salary of David Bannister?

As the Independent Director of Landstar System, the total compensation of David Bannister at Landstar System is $185,528. There are 6 executives at Landstar System getting paid more, with James Gattoni having the highest compensation of $2,645,790.



How old is David Bannister?

David Bannister is 64, he's been the Independent Director of Landstar System since 1991. There are 1 older and 9 younger executives at Landstar System. The oldest executive at Landstar System, Inc. is Larry Thoele, 69, who is the Independent Director.

What's David Bannister's mailing address?

David's mailing address filed with the SEC is 13410, Sutton Park Drive South, Jacksonville, Duval County, Florida, 32224, United States.

Insiders trading at Landstar System

Over the last 22 years, insiders at Landstar System have traded over $153,723,613 worth of Landstar System stock and bought 15,700 units worth $1,138,972 . The most active insiders traders include Henry H Gerkens, Jeffrey C Crowe, and Robert C Larose. On average, Landstar System executives and independent directors trade stock every 23 days with the average trade being worth of $3,972,064. The most recent stock trade was executed by Michael K Kneller on 2 February 2024, trading 12,219 units of LSTR stock currently worth $2,325,276.



What does Landstar System do?

landstar stands for safe, secure and reliable transportation services delivered by our unique network of small business owners. independent agents and capacity providers operating under the landstar umbrella enjoy the strength and support of one of the industry’s most stable and successful companies. our network of independent entrepreneurs provide customers with personalized service at the local level with the global reach and resources of a multi-billion dollar company. with more than 1,100 agents, over 9,000 leased owner operators, 14,000 trailers and 44,000 other approved capacity providers, we have a solution to your transportation challenge. to fully understand the scope of expertise the landstar network can provide, visit http://www.landstar.com or call 877-696-4507 to request more information on any service. for corporate employment opportunities: http://www.landstar.com/corporate-information for agent pre-qualification: http://www.landstar.com/agent-pre-qualification for owner



What does Landstar System's logo look like?

Landstar System, Inc. logo

Complete history of Mr. Bannister stock trades at Landstar System

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
26 Apr 2010 David G/ Bannister
Director
Option 27,000 $12.97 $350,190
26 Apr 2010
45,680
23 Apr 2008 David G/ Bannister
Director
Sale 5,555 $49.87 $277,028
23 Apr 2008
15,680
23 Apr 2008 David G/ Bannister
Director
Option 25,000 $12.97 $324,250
23 Apr 2008
40,680
4 Feb 2008 David G/ Bannister
Director
Option 20,000 $12.97 $259,400
4 Feb 2008
35,680
15 Mar 2007 David G/ Bannister
Director
Buy 2,000 $42.06 $84,120
15 Mar 2007
15,680
4 Nov 2003 David G/ Bannister
Director
Option 18,000 $20.25 $364,500
4 Nov 2003
19,920


Landstar System executives and stock owners

Landstar System executives and other stock owners filed with the SEC include: