Levi Strauss insider-linked trusts sell 207K shares
Levi Strauss & Co. insider-affiliated trusts completed open-market sales of 207,549 shares of Class A Common Stock.
Rhea-AI Filing Summary
Levi Strauss & Co. insider-affiliated trusts completed open-market sales of 207,549 shares of Class A Common Stock. On May 21, 2026 and May 22, 2026, entities for which reporting person Robert D. Haas serves as trustee converted 31,000 and 176,549 shares of Class B Common Stock into Class A and sold the resulting Class A shares at weighted average prices of $22.0034 and $22.0098 per share. A filing footnote states the sale prices ranged from $22.00 to $22.065 per share. Other indirect holdings include large positions in Class B Common Stock, and the reporting person disclaims beneficial ownership of 24,603,228 of these shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 207,549 shares ($4.57M approx. pre-tax spread)
Exercise and Sale
9 txns
Insider
Haas Robert D.
Role
10% Owner
Sold
207,549 shs ($4.57M)
Approx. gross sale proceeds
$4.57M
Approx. exercise cost
$0.00
Approx. pre-tax spread
$4.57M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 176,549 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 0 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 0 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 0 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 176,549 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 176,549 | $22.0098 | $3.89M |
| Conversion | Class B Common Stock | 31,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 31,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 31,000 | $22.0034 | $682K |
Holdings After Transaction:
Class B Common Stock — 51,868,022 contracts (Indirect, As trustee);
Class B Common Stock — 0 contracts (Direct);
Class B Common Stock — 278,062 contracts (Indirect, By spouse);
Class B Common Stock — 10,080,330 contracts (Indirect, By spouse as trustee);
Class A Common Stock — 0 shares (Indirect, As trustee)
Footnotes (5)
- F1. Represents the conversion of Class B Common Stock into Class A Common Stock held indirectly by the reporting person.
- F2. Price represents the weighted average sale price of the shares sold on May 21, 2026 and May 22, 2026, respectively. The sale prices ranged from $22.00 to $22.065 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.
- F3. 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.
- F4. Includes 24,603,228 shares as to which the reporting person disclaims beneficial ownership.
- F5. The reporting person disclaims beneficial ownership of these shares.
Key Figures
Total Class A shares sold: 207,549 shares
Shares sold May 21, 2026: 31,000 shares
Shares sold May 22, 2026: 176,549 shares
+5 more
8 metrics
Total Class A shares sold
207,549 shares
Open-market sales after conversion on May 21–22, 2026
Shares sold May 21, 2026
31,000 shares
Class A Common Stock, indirect ownership as trustee
Shares sold May 22, 2026
176,549 shares
Class A Common Stock, indirect ownership as trustee
Weighted avg price May 21
$22.0034 per share
Class A open-market sale price
Weighted avg price May 22
$22.0098 per share
Class A open-market sale price
Sale price range
$22.00–$22.065 per share
Range for May 21–22, 2026 Class A trades
Class B held as trustee
25,934,011 shares
Indirect Class B Common Stock after conversion transactions
Disclaimed beneficial ownership
24,603,228 shares
Class B shares for which beneficial ownership is disclaimed
Key Terms
Class A Common Stock, Class B Common Stock, derivative conversion, weighted average sale price, +2 more
6 terms
Class A Common Stock financial
"completed open-market sales of Class A Common Stock after conversions"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"entities converted Class B Common Stock into Class A before sales"
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
"transactions list a derivative conversion of Class B into Class A"
weighted average sale price financial
"Price represents the weighted average sale price of the shares sold"
beneficial ownership financial
"Includes 24,603,228 shares as to which the reporting person disclaims beneficial ownership"
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.
ten percent owner financial
"the reporting person is identified as a ten percent owner of the issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LEVI reporting person Robert D. Haas disclose?
Robert D. Haas reported indirect trust-related transactions involving conversions of Class B into Class A Common Stock and open-market sales. In total, 207,549 Class A shares were sold after conversion of an equal number of Class B shares held through trustee arrangements.
What happened to the Class B Common Stock in the LEVI insider transaction?
Class B Common Stock was converted into Class A Common Stock before the sales. For example, 31,000 and 176,549 Class B shares held in trust were converted into the same number of Class A shares, which were then sold in open-market transactions at the disclosed weighted average prices.
Does Robert D. Haas still have indirect LEVI holdings after these transactions?
Yes. After the conversions, indirect holdings include Class B Common Stock positions such as 25,934,011 shares held as trustee and 10,080,330 and 278,062 shares held by a spouse or spouse as trustee. The filing notes 24,603,228 shares are disclaimed as beneficially owned.
AI-generated analysis. How Rhea-AI works. Not financial advice.
