Levi Strauss entities convert and sell 2,279 shares
Entities associated with Margaret E. Haas converted 2,279 shares of Levi Strauss & Co. Class B Common Stock into 2,279 shares of Class A Common Stock, then sold those Class A shares at a weighted average price of $24.0087 per share.
Rhea-AI Filing Summary
Entities associated with Margaret E. Haas converted 2,279 shares of Levi Strauss & Co. Class B Common Stock into 2,279 shares of Class A Common Stock, then sold those Class A shares at a weighted average price of $24.0087 per share.
The sale was executed pursuant to a Rule 10b5-1 trading plan. The shares are held by charitable funds, foundations, trusts, and an LLC for the benefit of others, and Ms. Haas disclaims beneficial ownership. After the conversion, related entities indirectly hold 7,022,151 Class B shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 2,279 shares ($55K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Haas Margaret E.
Role
10% Owner
Sold
2,279 shs ($55K)
Approx. gross sale proceeds
$55K
Approx. exercise cost
$0.00
Approx. pre-tax spread
$55K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 2,279 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 2,279 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 2,279 | $24.0087 | $55K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 7,022,151 contracts for 0 underlying shares (Indirect, See Footnote);
Class A Common Stock — 0 shares (Indirect, See Footnote);
Class B Common Stock — 0 contracts (Direct)
Footnotes (7)
- F1. Represents the conversion of Class B Common Stock into Class A Common Stock.
- F2. 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.
- F3. The shares are held by the Margaret E. Haas Fund, of which Ms. Haas is Board Chair, for the benefit of various charitable entities. Ms. Haas disclaims beneficial ownership of these shares.
- F4. Shares disposed of pursuant to a Rule 10b5-1 plan adopted on April 13, 2026.
- F5. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.0050 to $24.0150 per share. Ms. Haas undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission on request, full information regarding the number of shares sold at each separate price within this range.
- F6. The shares are held by trusts and a limited liability company of which Ms. Haas is trustee and manager, respectively, for the benefit of others. Ms. Haas disclaims beneficial ownership of these shares.
- F7. The shares are held by the Lynx Foundation, of which Ms. Haas is board chair, for the benefit of charitable entities. Ms. Haas disclaims beneficial ownership of these shares.
Key Figures
Class B converted: 2,279 shares
Class A sold: 2,279 shares
Weighted average sale price: $24.0087 per share
+3 more
6 metrics
Class B converted
2,279 shares
Class B converted into Class A on May 27, 2026
Class A sold
2,279 shares
Open-market or private sale on May 27, 2026
Weighted average sale price
$24.0087 per share
Price for 2,279 Class A shares sold
Sale price range
$24.0050–$24.0150 per share
Range for multiple sale transactions
Indirect Class B holdings
7,022,151 shares
Indirect Class B Common Stock after conversion
Net shares sold
2,279 shares
Net sell direction in transaction summary
Key Terms
Rule 10b5-1 plan, weighted average price, beneficial ownership, Class B Common Stock, +1 more
5 terms
Rule 10b5-1 plan regulatory
"Shares disposed of pursuant to a Rule 10b5-1 plan adopted on April 13, 2026."
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.
weighted average price financial
"The reported price is a weighted average price. These shares were sold in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership regulatory
"Ms. Haas disclaims beneficial ownership of these 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
"Each share of Class B Common Stock is 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.
derivative conversion financial
"transaction_action: derivative conversion for Class B into Class A Common Stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did LEVI reporting person Margaret E. Haas disclose on this Form 4?
The filing shows entities associated with Margaret E. Haas converted 2,279 Class B shares into 2,279 Class A shares and sold those Class A shares. The transactions involved stock of Levi Strauss & Co. and were reported as indirect holdings.
Were the Levi Strauss (LEVI) insider sales by Margaret E. Haas made under a Rule 10b5-1 plan?
Yes. The filing states the shares were disposed of pursuant to a Rule 10b5-1 plan adopted on April 13, 2026. Such plans pre-arrange trading instructions, indicating the timing of this sale was established in advance rather than decided on the transaction date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
