LEVI Insider Files Form 144 to Sell 4,395 Class A Shares via Fidelity
Rhea-AI Filing Summary
LEVI STRAUSS & CO (LEVI) reported a Form 144 notice for the proposed sale of 4,395 Class A shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of $105,480. The shares were acquired mainly through restricted stock vesting in 2024 as compensation, in tranches of 520, 2,962, 720 and 193 shares between January and July 2024. The filer represents they are unaware of any undisclosed material adverse information and indicates prior sales by the same person totaling 3,629 shares on 07/11/2025 that generated gross proceeds of $79,838. The notice lists the broker, planned approximate sale date of 10/01/2025, and confirms the holdings outstanding at 107,206,840 shares.
Positive
- Full disclosure of acquisition details: dates and nature (restricted stock vesting) are provided for each tranche
- Broker and planned sale date listed, improving transparency on execution (Fidelity Brokerage Services; NYSE)
- Seller attestation included that they are not aware of undisclosed material adverse information
Negative
- None.
Insights
TL;DR: Routine insider sale notice showing modest insider liquidity from vested restricted stock, not an earnings or operational event.
The Form 144 discloses a proposed sale of 4,395 Class A shares valued at $105,480, sourced from restricted stock vesting during 2024 and to be executed via Fidelity on the NYSE around 10/01/2025. A recent sale of 3,629 shares on 07/11/2025 produced $79,838 in proceeds. For investors, this filing documents insider liquidity but does not provide new operational or financial data about LEVI. The scale of shares relative to total outstanding (107,206,840) is immaterial to capitalization and valuation.
TL;DR: Disclosure aligns with Rule 144 requirements and includes required representations; appears compliant and routine.
The notice specifies acquisition dates and nature (restricted stock vesting) and includes the seller's certification about material nonpublic information. The filing names the executing broker and lists recent sales by the same person, fulfilling transparency expectations for insider transactions. There is no indication in the notice of trading-plan adoption or reliance on Rule 10b5-1, and no material governance concerns are evident solely from this disclosure.