Levi Strauss (NYSE: LEVI) EVP Hillman sells 38,938 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEVI STRAUSS & CO executive Karyn Hillman, EVP and Chief Product Officer, completed an open-market sale of 38,938 shares of Class A Common Stock at a weighted average price of $22.9111 per share. After this transaction, she directly holds 91,522 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 38,938 shares ($892,112)
Net Sell
1 txn
Insider
Hillman Karyn
Role
EVP and Chief Product Officer
Sold
38,938 shs ($892K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 38,938 | $22.9111 | $892K |
Holdings After Transaction:
Class A Common Stock — 91,522 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 38,938 shares
Weighted average sale price: $22.9111 per share
Shares held after transaction: 91,522 shares
3 metrics
Shares sold
38,938 shares
Open-market sale of Class A Common Stock
Weighted average sale price
$22.9111 per share
Sale of 38,938 LEVI shares
Shares held after transaction
91,522 shares
Direct ownership following the sale
Key Terms
Class A Common Stock, open-market sale, weighted average price
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"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.
FAQ
What insider transaction did LEVI executive Karyn Hillman report on this Form 4?
Karyn Hillman reported an open-market sale of 38,938 shares of LEVI Class A Common Stock. The transaction was executed at a weighted average price of $22.9111 per share, reducing but not eliminating her direct equity position in the company.
Was the LEVI insider sale by Karyn Hillman a single trade or multiple trades?
The sale was executed through multiple trades within a narrow price range. A footnote states the 38,938 shares were sold at prices between $22.90 and $22.96, with a weighted average of $22.9111, and detailed trade information is available upon request.
What role does Karyn Hillman hold at LEVI, and why is her Form 4 relevant?
Karyn Hillman serves as LEVI’s Executive Vice President and Chief Product Officer. As a senior officer, her equity transactions must be reported on Form 4, giving investors transparency into changes in her direct ownership of LEVI Class A Common Stock.