Major LEVI holder Robert D. Haas converts Class B and sells 492K shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

LEVI STRAUSS & CO large shareholder Robert D. Haas reported a paired conversion-and-sale of Class B into Class A shares. On June 10–11, 2026, trusts for which he serves as trustee converted and sold a total of 492,033 shares of Class A Common Stock in open-market transactions at prices around $24 per share. The largest sale involved 488,851 shares at a weighted average price of $24.105 per share, following a conversion from Class B Common Stock. Footnotes state that certain indirect Class B holdings, including 25,243,695 shares after one transaction, include 23,912,912 shares for which Haas disclaims beneficial ownership.

Insider Trade Summary 10b5-1

Net Seller: 492,033 shares ($11,860,121)

Net Sell 9 txns

Insider Haas Robert D.

Role null

Sold 492,033 shs ($11.86M)

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock	488,851	$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	488,851	$0.00	--
Sale	Class A Common Stock	488,851	$24.105	$11.78M
Conversion	Class B Common Stock	3,182	$0.00	--
Conversion	Class A Common Stock	3,182	$0.00	--
Sale	Class A Common Stock	3,182	$24.00	$76K

Holdings After Transaction: Class B Common Stock — 25,243,695 shares (Indirect, As trustee); Class B Common Stock — 0 shares (Direct, null); Class A Common Stock — 488,851 shares (Indirect, As trustee)

Footnotes (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 11, 2026. The sale price ranged from $24.00 to $24.275 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 23,912,912 shares as to which the reporting person disclaims beneficial ownership. The reporting person disclaims beneficial ownership of these shares.

Key Figures

Total Class A shares sold: 492,033 shares June 11 weighted average price: $24.105/share June 10 sale price: $24.00/share +5 more

8 metrics

Total Class A shares sold 492,033 shares Indirect open-market sales on June 10–11, 2026

June 11 weighted average price $24.105/share 488,851 Class A shares sold; range $24.00–$24.275

June 10 sale price $24.00/share 3,182 Class A shares sold indirectly as trustee

Shares converted then sold 492,033 shares Class B converted into Class A Common Stock before sales

Indirect Class B holdings as trustee 25,243,695 shares Post-transaction balance; includes shares with disclaimed ownership

Class B shares with disclaimed ownership 23,912,912 shares Included within an indirect Class B position

Spouse trust Class B holdings 9,908,392 shares Indirectly held by spouse as trustee after conversion entry

Spouse Class B holdings 450,000 shares Indirect holdings reported as by spouse

Key Terms

open-market sale, Conversion of derivative security, weighted average sale price, beneficial ownership, +1 more

5 terms

open-market sale financial

"transaction_action is described as "open-market sale" of Class A Common Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Conversion of derivative security financial

"transaction_code_description states "Conversion of derivative security" for Class B entries"

weighted average sale price financial

"footnote states "Price represents the weighted average sale price of the shares""

beneficial ownership financial

"footnotes explain that the reporting person disclaims beneficial ownership of certain shares"

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.

Class B Common Stock financial

"described as convertible into one share of Class A Common Stock"

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.

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Form 4 Insider Transactions: What Each Field Means →

06/11/2026 - 07:32 PM

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

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)
06/10/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/10/2026		C⁽¹⁾		3,182	A	$0.00	3,182	I	As trustee
Class A Common Stock	06/10/2026		S		3,182	D	$24	0	I	As trustee
Class A Common Stock	06/11/2026		C⁽¹⁾		488,851	A	$0.00	488,851	I	As trustee
Class A Common Stock	06/11/2026		S		488,851	D	$24.105⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	$0.00	06/10/2026		C⁽¹⁾			3,182	⁽³⁾	⁽³⁾	Class A Common Stock	⁽³⁾	$0.00	25,243,695⁽⁴⁾	I	As trustee
Class B Common Stock	$0.00	06/11/2026		C⁽¹⁾			488,851	⁽³⁾	⁽³⁾	Class A Common Stock	⁽³⁾	$0.00	25,243,695⁽⁴⁾	I	As trustee
Class B Common Stock	$0.00	06/11/2026		C⁽¹⁾			0	⁽³⁾	⁽³⁾	Class A Common Stock	⁽³⁾	$0.00	0	D
Class B Common Stock	$0.00	06/11/2026		C⁽¹⁾			0	⁽³⁾	⁽³⁾	Class A Common Stock	⁽³⁾	$0.00	450,000	I	By spouse⁽⁵⁾
Class B Common Stock	$0.00	06/11/2026		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 11, 2026. The sale price ranged from $24.00 to $24.275 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 23,912,912 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	06/11/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Robert D. Haas report for LEVI on June 10–11, 2026?

Robert D. Haas reported converting Class B Common Stock into Class A and then selling 492,033 Class A shares in open-market transactions. These sales were made indirectly through trusts where he serves as trustee, according to the Form 4 disclosures.

How many LEVI Class A shares did Robert D. Haas sell and at what prices?

Indirect holdings associated with Robert D. Haas sold 492,033 Class A shares. This included 488,851 shares at a weighted average price of $24.105 on June 11, 2026, and 3,182 shares at $24.00 on June 10, 2026, in open-market transactions.

Were the LEVI insider sales preceded by conversions of Class B to Class A shares?

Yes. The Form 4 shows conversions of Class B Common Stock into an equal number of Class A shares before the sales. In particular, 488,851 Class B shares and 3,182 Class B shares were converted into Class A Common Stock prior to the corresponding open-market sales.

Does Robert D. Haas still have indirect Class B holdings in LEVI after these transactions?

Yes. After certain conversions, an indirect account for which he serves as trustee held 25,243,695 Class B shares, and a spouse-trust account held 9,908,392 shares. A separate spouse account held 450,000 shares. Some of these shares are disclaimed for beneficial ownership.

What beneficial ownership disclaimers are included in Robert D. Haas’s LEVI Form 4 filing?

The filing notes that one indirect Class B position includes 23,912,912 shares for which Robert D. Haas disclaims beneficial ownership. Another footnote states he disclaims beneficial ownership of certain additional shares, clarifying that some reported holdings are attributed for reporting purposes only.

How is the weighted average sale price described in the LEVI insider transaction footnotes?

A footnote explains that the $24.105 figure is a weighted average sale price for transactions on June 11, 2026. Individual sale prices ranged from $24.00 to $24.275 per share, and detailed price breakdowns are available upon request to the issuer or the SEC staff.