Levi Strauss (NYSE: LEVI) insider Haas sells 202K shares after conversion

Rhea-AI Filing Summary

LEVI STRAUSS & CO insider Robert D. Haas reported a conversion-and-sale transaction involving Class A and Class B shares. On June 12, 2026, an entity for which he serves as trustee converted 202,135 Class B Common Stock into 202,135 Class A Common Stock and then sold those Class A shares in an open-market transaction at a weighted average price of $24.0216 per share, with individual prices ranging from $24.00 to $24.31 per share.

The filing also shows multiple Class B Common Stock positions held indirectly through trusts and by his spouse, including 25,041,560 Class B shares held indirectly as trustee and other positions held "by spouse" or "by spouse as trustee." The footnotes state that each share of Class B Common Stock is convertible into one share of Class A Common Stock and that Haas disclaims beneficial ownership of 23,710,777 shares within these indirect holdings.

Insights

Equity ownership & insider-transactions analyst

Haas’s filing shows a net sale of 202,135 shares alongside large remaining indirect holdings.

The core economic move is a conversion of 202,135 Class B into Class A followed by an open-market sale of the same number of Class A shares at a weighted average of $24.0216. This is a classic conversion-and-sale pattern, turning part of a super-voting or pre-IPO class into cash.

Context matters: the filing lists sizeable remaining Class B positions, including 25,041,560 shares held indirectly as trustee and additional blocks held by his spouse or by spouse as trustee. Footnotes clarify that each Class B share is convertible one‑for‑one into Class A and that Haas disclaims beneficial ownership of 23,710,777 of these shares, so not all of the reported indirect stake should be viewed as his economic exposure.

Given the scale of the residual positions relative to the 202,135‑share sale and the presence of disclaimed beneficial ownership, this looks more like routine ownership management than a thesis-changing move. The filing does not mention any Rule 10b5‑1 trading plan, so timing appears discretionary but still modest in proportion to the overall reported indirect holdings.

Insider Trade Summary 10b5-1

Net Seller: 202,135 shares ($4,855,606)

Net Sell 6 txns

Insider Haas Robert D.

Role null

Sold 202,135 shs ($4.86M)

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock	202,135	$0.00	--
Conversion	Class B Common Stock	0	$0.00	--
Conversion	Class B Common Stock	0	$0.00	--
Conversion	Class B Common Stock	0	$0.00	--
Conversion	Class A Common Stock	202,135	$0.00	--
Sale	Class A Common Stock	202,135	$24.0216	$4.86M

Holdings After Transaction: Class B Common Stock — 25,041,560 shares (Indirect, As trustee); Class B Common Stock — 0 shares (Direct, null); Class A Common Stock — 202,135 shares (Indirect, As trustee)

Footnotes (1)

1. Represents the conversion of Class B Common Stock into Class A Common Stock held indirectly by the reporting person. Price represents the weighted average sale price of the shares sold on June 12, 2026. The sale price ranged from $24.00 to $24.31 per share. Upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. Includes 23,710,777 shares as to which the reporting person disclaims beneficial ownership. The reporting person disclaims beneficial ownership of these shares.

Key Figures

Shares sold: 202,135 shares Weighted average sale price: $24.0216 per share Shares converted: 202,135 shares +3 more

6 metrics

Shares sold 202,135 shares Class A Common Stock sold in open market on June 12, 2026

Weighted average sale price $24.0216 per share Class A sale price; trades ranged from $24.00 to $24.31

Shares converted 202,135 shares Class B to Class A conversion before sale

Indirect Class B holdings as trustee 25,041,560 shares Class B Common Stock held indirectly as trustee after conversion

Disclaimed beneficial ownership 23,710,777 shares Indirect shares for which Haas disclaims beneficial ownership

Net shares sold 202,135 shares Net-sell direction from transaction summary

Key Terms

Class B Common Stock, weighted average sale price, conversion of derivative security, indirect ownership, +1 more

5 terms

Class B Common Stock financial

"Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

weighted average sale price financial

"Price represents the weighted average sale price of the shares sold on June 12, 2026."

conversion of derivative security financial

"transaction_action": "derivative conversion", "transaction_code_description": "Conversion of derivative security""

indirect ownership financial

""ownership_type": "indirect", "ownership_code": "I""

beneficial ownership financial

"Includes 23,710,777 shares as to which the reporting person disclaims beneficial ownership."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Haas Robert D.

(Last) (First) (Middle)

C/O ARGONAUT SECURITIES COMPANY

1155 BATTERY STREET

(Street)

SAN FRANCISCO CALIFORNIA 94111

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/12/2026		C(1)		202,135	A	$0.00	202,135	I	As trustee
Class A Common Stock	06/12/2026		S		202,135	D	$24.0216(2)	0	I	As trustee

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	$0.00	06/12/2026		C(1)			202,135	(3)	(3)	Class A Common Stock	(3)	$0.00	25,041,560(4)	I	As trustee
Class B Common Stock	$0.00	06/12/2026		C(1)			0	(3)	(3)	Class A Common Stock	(3)	$0.00	0	D
Class B Common Stock	$0.00	06/12/2026		C(1)			0	(3)	(3)	Class A Common Stock	(3)	$0.00	450,000	I	By spouse(5)
Class B Common Stock	$0.00	06/12/2026		C(1)			0	(3)	(3)	Class A Common Stock	(3)	$0.00	9,908,392	I	By spouse as trustee(5)

Explanation of Responses:

1. Represents the conversion of Class B Common Stock into Class A Common Stock held indirectly by the reporting person.

2. Price represents the weighted average sale price of the shares sold on June 12, 2026. The sale price ranged from $24.00 to $24.31 per share. Upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

4. Includes 23,710,777 shares as to which the reporting person disclaims beneficial ownership.

5. The reporting person disclaims beneficial ownership of these shares.

	/s/ Parker B. Phillips, attorney-in-fact	06/15/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Robert D. Haas do in this LEVI Form 4 filing?

Robert D. Haas reported converting 202,135 Class B shares into 202,135 Class A shares, then selling the Class A shares in an open-market transaction. The weighted average sale price was $24.0216 per share, with individual trades between $24.00 and $24.31.

How many LEVI shares did Robert D. Haas sell and at what price?

He sold 202,135 shares of Levi Strauss & Co Class A Common Stock in the open market. The weighted average sale price was $24.0216 per share, with individual sale prices ranging from $24.00 to $24.31 according to the Form 4 footnote.

What is the relationship between LEVI Class A and Class B shares in this filing?

Each share of Levi Strauss & Co Class B Common Stock is convertible into one share of Class A Common Stock, with no expiration date. In this filing, 202,135 Class B shares were converted into the same number of Class A shares before being sold in the market.

How many LEVI Class B shares does Robert D. Haas still hold indirectly?

The Form 4 shows 25,041,560 Class B shares held indirectly as trustee, plus additional Class B positions held by his spouse or by spouse as trustee. A footnote states that Haas disclaims beneficial ownership of 23,710,777 shares within these indirect holdings.

Does Robert D. Haas disclaim beneficial ownership of some LEVI shares?

Yes. A footnote explains that the reported holdings include 23,710,777 shares for which Robert D. Haas disclaims beneficial ownership. Another footnote states that he also disclaims beneficial ownership of certain other reported shares, mainly held through trusts or by his spouse.

Was the LEVI insider transaction a purchase or a sale overall?

Overall it was a net sale. The Form 4 shows a conversion of 202,135 Class B shares into Class A, followed by an open-market sale of 202,135 Class A shares. The transaction summary flags a net-sell direction of 202,135 shares for this filing.