Levi Strauss (LEVI) EVP Jason Gowans reports equity and RSU holdings

Rhea-AI Filing Summary

Levi Strauss & Co. executive Jason Gowans has filed an initial ownership report showing his equity stake in the company. As of the event date, he beneficially owns 133,557 shares of Class A common stock, including 92,104 shares represented by restricted stock units that each settle into one share.

He also holds stock appreciation rights over 33,602 shares at an exercise price of $18.39 expiring in 2033, 41,984 shares at $16.58 expiring in 2034, 63,093 shares at $19.03 expiring in 2035, and 70,521 shares at $19.88 expiring in 2036. These awards vest in four annual installments, contingent on his continued service.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Gowans Jason

(Last) (First) (Middle)

C/O LEVI STRAUSS & CO.

1155 BATTERY STREET

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/01/2026

3. Issuer Name and Ticker or Trading Symbol
LEVI STRAUSS & CO [ LEVI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			EVP and CDTO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	133,557(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Rights	(2)	02/05/2033	Class A Common Stock	33,602	$18.39	D
Stock Appreciation Rights	(3)	01/28/2034	Class A Common Stock	41,984	$16.58	D
Stock Appreciation Rights	(4)	01/30/2035	Class A Common Stock	63,093	$19.03	D
Stock Appreciation Rights	(5)	01/29/2036	Class A Common Stock	70,521	$19.88	D

Explanation of Responses:

1. Includes 92,104 shares that are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.

2. Vests in four equal installments of 25% on each of February 6, 2024, February 6, 2025, February 6, 2026, and February 8, 2027, subject to the Reporting Person's continuous service through each such vesting date.

3. Vests in four equal installments of 25% on each of January 24, 2025, January 30, 2026, January 29, 2027, and January 28, 2028, subject to the Reporting Person's continuous service through each such vesting date.

4. Vests in four equal installments of 25% on each of January 30, 2026, January 29, 2027, January 28, 2028, and January 26, 2029, subject to the Reporting Person's continuous service through each such vesting date.

5. Vests in four equal installments of 25% on each of January 29, 2027, January 28, 2028, January 26, 2029, and January 25, 2030, subject to the Reporting Person's continuous service through each such vesting date.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Priscilla Duncan-Tannous, Attorney-in-Fact	02/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Form 3 filing reveal about LEVI executive Jason Gowans' share ownership?

The Form 3 shows Jason Gowans beneficially owns 133,557 Class A shares, including 92,104 restricted stock units. It also lists multiple stock appreciation rights awards tied to Levi Strauss & Co. equity, all held directly as of February 1, 2026.

How many restricted stock units does LEVI executive Jason Gowans hold?

Jason Gowans holds 92,104 shares represented by restricted stock units. Each RSU provides a contingent right to receive one share of Levi Strauss & Co. Class A common stock upon settlement, aligning a large portion of his compensation with future share performance.

What stock appreciation rights are reported for Jason Gowans at Levi Strauss & Co. (LEVI)?

He holds stock appreciation rights over 33,602 shares at $18.39, 41,984 at $16.58, 63,093 at $19.03, and 70,521 at $19.88. These rights reference Class A common stock and expire between 2033 and 2036, subject to vesting conditions.

How do Jason Gowans’ Levi Strauss & Co. (LEVI) stock appreciation rights vest?

Each grant vests in four equal 25% annual installments on specified January or February dates from 2024 through 2030. Vesting for every tranche requires Jason Gowans’ continuous service with Levi Strauss & Co. through each relevant vesting date.

Is Jason Gowans’ LEVI share ownership held directly or through other entities?

The filing reports all listed holdings as direct ownership, marked with the code “D.” This includes his 133,557 Class A common shares and each tranche of stock appreciation rights, with no indirect entities or separate ownership vehicles disclosed in the document.

What role does Jason Gowans hold at Levi Strauss & Co. (LEVI) in this Form 3?

Jason Gowans is identified as an "EVP and CDTO" of Levi Strauss & Co. The Form 3 indicates he is a senior executive officer rather than a director or 10% owner, and it records his initial beneficial ownership in company equity.