Levi Strauss (LEVI) EVP details stock, RSU and SAR holdings

Rhea-AI Filing Summary

LEVI STRAUSS & CO executive Karyn Hillman, EVP and Chief Product Officer, reported her initial equity holdings on a Form 3. She directly holds 130,460 shares of Class A common stock, including 91,522 shares represented by restricted stock units, and multiple grants of stock appreciation rights. According to the footnotes, some of these rights are fully vested, while others vest in four annual installments between January 2024 and January 2030, contingent on 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^*

Hillman Karyn

(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
X	Officer (give title below)		Other (specify below)
	EVP and Chief Product Officer

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	130,460(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)	01/29/2029	Class B Common Stock	33,540	$14.88	D
Stock Appreciation Rights	(2)	01/27/2030	Class A Common Stock	23,757	$20.25	D
Stock Appreciation Rights	(2)	01/26/2031	Class A Common Stock	17,712	$21.35	D
Stock Appreciation Rights	(2)	01/24/2032	Class A Common Stock	29,446	$21	D
Stock Appreciation Rights	(3)	01/26/2033	Class A Common Stock	38,841	$17.79	D
Stock Appreciation Rights	(4)	01/28/2034	Class A Common Stock	41,984	$16.58	D
Stock Appreciation Rights	(5)	01/30/2035	Class A Common Stock	63,093	$19.03	D
Stock Appreciation Rights	(6)	01/29/2036	Class A Common Stock	77,574	$19.88	D

Explanation of Responses:

1. Includes 91,522 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. 100% of these stock appreciation rights are fully vested.

3. Vests in four equal installments of 25% on each of January 26, 2024, January 24, 2025, January 30, 2026, and January 29, 2027, 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 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.

5. 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.

6. 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	02/19/2026
	** 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.
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FAQ

What does the Levi Strauss (LEVI) Form 3 filing by Karyn Hillman disclose?

The Form 3 shows Karyn Hillman’s initial equity holdings as an officer of Levi Strauss & Co. It lists Class A common stock, restricted stock units, and several stock appreciation right grants, establishing her starting ownership position as a reporting insider.

How many Levi Strauss (LEVI) Class A shares does Karyn Hillman report on Form 3?

Karyn Hillman reports direct ownership of 130,460 shares of Levi Strauss Class A common stock. This figure includes shares represented by restricted stock units, giving investors a clear view of her total reported Class A equity stake at the time of the filing.

How many restricted stock units (RSUs) does Karyn Hillman hold in Levi Strauss (LEVI)?

The footnotes state that 91,522 of Karyn Hillman’s reported Class A shares are represented by restricted stock units. Each RSU entitles her to receive one share of Levi Strauss Class A common stock upon settlement, subject to applicable vesting conditions.

What stock appreciation rights does Karyn Hillman report in the Levi Strauss (LEVI) Form 3?

The filing lists multiple stock appreciation right positions held directly by Karyn Hillman. Footnotes explain that one grant is 100% vested, while other grants vest in four equal annual installments through dates ranging from January 2024 to January 2030, conditioned on continued service.

Are all of Karyn Hillman’s Levi Strauss (LEVI) stock appreciation rights vested?

No. A footnote specifies that 100% of one set of stock appreciation rights is fully vested. Other grants vest 25% per year on specified January dates from 2024 through 2030, and require Karyn Hillman to remain in continuous service through each vesting date.