[Form 4] LEVI STRAUSS & CO Insider Trading Activity

Rhea-AI Filing Summary

Levi Strauss & Co. (LEVI) reported a Form 4 showing insider-related transfers of Class B Common Stock on 11/10/2025. The transactions reflect movements from grantor retained annuity trusts to the reporting person, the reporting person’s spouse, and trusts for the reporting person’s descendants, each labeled with transaction code J.

Each share of Class B is convertible into one share of Class A with no expiration. Following the transactions, the filing lists 25,946,085 shares held indirectly as trustee and 10,143,923 shares held indirectly by spouse as trustee, with the reporting person disclaiming beneficial ownership of certain shares, including 24,800,400 within trustee accounts. The filing also notes 216,407 shares held indirectly by spouse.

Insights

Securities lawyer

Administrative insider transfers via trusts; neutral impact.

The Form 4 records insider-related transfers coded J, indicating non-open market, non-price transactions involving grantor retained annuity trusts. The footnotes state the transfers were between trusts, the reporting person, the spouse, and descendant trusts. These are title/beneficial ownership movements rather than purchases or sales.

Each Class B share is convertible 1:1 into Class A with no expiration, clarifying potential economic equivalence. The filing lists large indirect positions—25,946,085 as trustee and 10,143,923 by spouse as trustee—with explicit disclaimers of beneficial ownership over certain shares, including 24,800,400.

The absence of a transaction price and the J code suggest non-cash, intra-family trust activity. Actual market impact depends on future holder decisions; this filing primarily updates ownership records as of 11/10/2025.

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).

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 CA 94111

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025

4. 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 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

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	11/10/2025		J(1)		157,529		(5)	(5)	Class A Common Stock	(5)	$0	295,475	D
Class B Common Stock	$0	11/10/2025		J(1)			157,529	(5)	(5)	Class A Common Stock	(5)	$0	25,946,085	I	As trustee(7)
Class B Common Stock	$0	11/10/2025		J(2)			171,974	(5)	(5)	Class A Common Stock	(5)	$0	25,946,085	I	As trustee(7)
Class B Common Stock	$0	11/10/2025		J(2)		171,974		(5)	(5)	Class A Common Stock	(5)	$0	25,946,085	I	As trustee(7)
Class B Common Stock	$0	11/10/2025		J(3)		216,407		(5)	(5)	Class A Common Stock	(5)	$0	216,407	I	By spouse(6)
Class B Common Stock	$0	11/10/2025		J(3)			216,407	(5)	(5)	Class A Common Stock	(5)	$0	10,143,923	I	By spouse as trustee(6)
Class B Common Stock	$0	11/10/2025		J(4)			242,198	(5)	(5)	Class A Common Stock	(5)	$0	10,143,923	I	By spouse as trustee(6)
Class B Common Stock	$0	11/10/2025		J(4)		242,198		(5)	(5)	Class A Common Stock	(5)	$0	10,143,923	I	By spouse as trustee(6)

Explanation of Responses:

1. On the Transaction Date, a grantor retained annuity trust for the benefit of the reporting person and the remainder beneficiaries transferred shares of Class B Common Stock to the reporting person.

2. On the Transaction Date, a grantor retained annuity trust for the benefit of the reporting person and the remainder beneficiaries transferred shares of Class B Common Stock to a trust for the benefit of the reporting person's descendants.

3. On the Transaction Date, a grantor retained annuity trust for the benefit of the spouse of the reporting person and the remainder beneficiaries transferred shares of Class B Common Stock to the spouse of the reporting person.

4. On the Transaction Date, a grantor retained annuity trust for the benefit of the spouse of the reporting person and the remainder beneficiaries transferred shares of Class B Common Stock to a trust for the benefit of the reporting person's descendants.

5. 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.

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

7. Includes 24,800,400 shares as to which the reporting person disclaims beneficial ownership.

	/s/ Parker B. Phillips, attorney-in-fact	11/11/2025
	** 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.

FAQ

What did LEVI disclose in this Form 4?

Transfers of Class B Common Stock on 11/10/2025 involving grantor retained annuity trusts, the reporting person, the spouse, and descendant trusts, coded J.

How are Class B and Class A shares related at Levi Strauss (LEVI)?

Each Class B share is convertible into one Class A share and has no expiration, per the filing.

What indirect holdings are listed after the transactions?

The filing lists 25,946,085 shares held as trustee and 10,143,923 shares held by spouse as trustee, plus 216,407 shares by spouse.

Does the reporting person claim beneficial ownership of all listed shares?

No. The reporting person disclaims beneficial ownership of certain shares, including 24,800,400 within trustee accounts.

What does transaction code J signify in this context?

Code J indicates other transactions, here reflecting non-open market transfers among trusts, the reporting person, and the spouse.

Is there a transaction price for these transfers?

The entries show a $0 price for the Class B to Class A conversion context; these were non-cash trust-related transfers.