Levi Strauss (LEVI) exec sells 40,000 shares, covers RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Levi Strauss & Co. executive Jason Gowans, EVP and Chief Digital and Technology Officer, reported two transactions in Class A common stock. On February 6, 2026, 1,358 shares were disposed of at $20.55 through shares withheld to cover taxes on vested RSUs, leaving 132,199 shares held directly.
On February 12, 2026, he executed an open-market sale of 40,000 shares at a weighted average price of $21.8331, across multiple trades between $21.83 and $21.861. After this sale, he directly owned 92,199 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,000 shares ($873,324)
Net Sell
2 txns
Insider
Gowans Jason
Role
EVP and CDTO
Sold
40,000 shs ($873K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 40,000 | $21.8331 | $873K |
| Tax Withholding | Class A Common Stock | 1,358 | $20.55 | $28K |
Holdings After Transaction:
Class A Common Stock — 92,199 shares (Direct)
Footnotes (1)
- Shares withheld to cover tax obligation from settlement of vested RSUs. Weighted average price. These shares were sold in multiple transactions at prices ranging from $21.83 to $21.861 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
FAQ
What insider transactions did LEVI executive Jason Gowans report?
Jason Gowans reported two transactions in Levi Strauss Class A common stock. One was a tax-related share withholding tied to vested RSUs, and the other was an open-market sale of 40,000 shares at a weighted average price of $21.8331.
What prices were received in Jason Gowans’ LEVI stock sale?
The 40,000 Levi Strauss shares sold on February 12, 2026 achieved a weighted average price of $21.8331 per share. The filing notes multiple trades executed within a narrow range between $21.83 and $21.861, with full trade details available on request.
What do the Form 4 transaction codes F and S mean for LEVI?
In this Levi Strauss Form 4, code F indicates shares used to cover tax obligations tied to vested RSUs. Code S denotes a sale in the open market or private transaction. Together, they distinguish routine tax withholding from a discretionary share sale.