Levi Strauss (NYSE: LEVI) legal chief sells 336 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Levi Strauss & Co. senior vice president and general counsel David Jedrzejek reported recent transactions in the company’s Class A common stock. On June 3, he completed an open-market sale of 336 shares at $22.82 per share under a previously established Rule 10b5-1 plan, leaving him with 106,098 shares held directly. On June 1, 634 shares were withheld at $23.18 per share to cover tax obligations from the settlement of vested restricted stock units, which is a non-market disposition. His holdings also include 250 shares acquired on April 15, 2026 through the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 336 shares ($7,668)
Net Sell
2 txns
Insider
Jedrzejek David
Role
SVP and General Counsel
Sold
336 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 336 | $22.82 | $8K |
| Tax Withholding | Class A Common Stock | 634 | $23.18 | $15K |
Holdings After Transaction:
Class A Common Stock — 106,098 shares (Direct, null)
Footnotes (1)
- Shares withheld to cover tax obligation from settlement of vested restricted stock units. Includes 250 shares acquired on April 15, 2026, pursuant to the Issuer's employee stock purchase plan. Transaction pursuant to a previously established Rule 10b5-1 Plan.
Key Figures
Open-market sale: 336 shares
Sale price: $22.82 per share
Tax-withheld shares: 634 shares
+3 more
6 metrics
Open-market sale
336 shares
Class A Common Stock sold on June 3, 2026
Sale price
$22.82 per share
Price for 336-share open-market sale
Tax-withheld shares
634 shares
Withheld on June 1, 2026 for RSU tax obligation
Tax-withholding price
$23.18 per share
Value used for 634-share tax-withholding disposition
Shares held after transactions
106,098 shares
Direct Class A holdings following reported transactions
ESPP acquisition
250 shares
Acquired April 15, 2026 via employee stock purchase plan
Key Terms
Rule 10b5-1 Plan, restricted stock units, employee stock purchase plan, tax-withholding disposition
4 terms
Rule 10b5-1 Plan regulatory
"Transaction pursuant to a previously established Rule 10b5-1 Plan."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
restricted stock units financial
"Shares withheld to cover tax obligation from settlement of vested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
employee stock purchase plan financial
"Includes 250 shares acquired on April 15, 2026, pursuant to the Issuer's employee stock purchase plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transactions did LEVI executive David Jedrzejek report on this Form 4?
David Jedrzejek reported two transactions in Levi Strauss Class A common stock. He sold 336 shares at $22.82 per share and had 634 shares withheld at $23.18 per share to satisfy tax obligations from vested restricted stock units.