STOCK TITAN

Trusts tied to Levi Strauss (NYSE: LEVI) insider sell 207K shares after conversions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Haas Robert D.
Role null
Sold 207,549 shs ($4.57M)
Type Security Shares Price Value
Conversion Class B Common Stock 176,549 $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 176,549 $0.00 --
Sale Class A Common Stock 176,549 $22.0098 $3.89M
Conversion Class B Common Stock 31,000 $0.00 --
Conversion Class A Common Stock 31,000 $0.00 --
Sale Class A Common Stock 31,000 $22.0034 $682K
Holdings After Transaction: Class B Common Stock — 25,934,011 shares (Indirect, As trustee); Class B Common Stock — 0 shares (Direct, null); Class A Common Stock — 176,549 shares (Indirect, As trustee)
Footnotes (1)
  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 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. 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 24,603,228 shares as to which the reporting person disclaims beneficial ownership. The reporting person disclaims beneficial ownership of these shares.
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
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"
SEC Form 4
FORM 4UNITED 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).
X
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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/21/2026C(1)31,000A$0.0031,000IAs trustee
Class A Common Stock05/21/2026S31,000D$22.0034(2)0IAs trustee
Class A Common Stock05/22/2026C(1)176,549A$0.00176,549IAs trustee
Class A Common Stock05/22/2026S176,549D$22.0098(2)0IAs 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock$0.0005/21/2026C(1)31,000 (3) (3)Class A Common Stock(3)$0.0025,934,011(4)IAs trustee
Class B Common Stock$0.0005/22/2026C(1)176,549 (3) (3)Class A Common Stock(3)$0.0025,934,011(4)IAs trustee
Class B Common Stock$0.0005/22/2026C(1)0 (3) (3)Class A Common Stock(3)$0.000D
Class B Common Stock$0.0005/22/2026C(1)0 (3) (3)Class A Common Stock(3)$0.00278,062IBy spouse(5)
Class B Common Stock$0.0005/22/2026C(1)0 (3) (3)Class A Common Stock(3)$0.0010,080,330IBy 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 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.
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 24,603,228 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-fact05/26/2026
** Signature of Reporting PersonDate
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)

FAQ

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.

How many Levi Strauss (LEVI) shares were sold in this Form 4 filing?

The filing shows open-market sales of 207,549 Class A Common Stock shares. These came from two transactions: 31,000 shares sold on May 21, 2026 and 176,549 shares sold on May 22, 2026, following same-sized conversions of Class B shares into Class A.

What prices were received for the LEVI shares sold in the reported transactions?

The reported weighted average prices were $22.0034 per share on May 21, 2026 and $22.0098 per share on May 22, 2026. A footnote states the actual sale prices ranged between $22.00 and $22.065 per share across the individual trade executions.

Were the Levi Strauss (LEVI) share sales made directly by Robert D. Haas?

The transactions were reported as indirect, with ownership listed "As trustee" or by a spouse as trustee. This means the trades were executed through trust-related holdings associated with Haas rather than through his direct personal ownership of Levi Strauss & Co. shares.

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.