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Levi Strauss EVP (NYSE: LEVI) has 27,429 shares withheld to cover taxes

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Levi Strauss & Co. executive Gianluca Flore, EVP & Chief Commercial Officer, had 27,429 shares of Class A Common Stock withheld on July 29, 2026 to cover tax obligations from settlement of vested RSUs at $24.67 per share.

Following this tax-withholding disposition, he directly holds 157,187 shares, including 662 shares acquired on April 15, 2026 and 313 shares acquired on July 15, 2026 through the company’s employee stock purchase plan.

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Insider Flore Gianluca
Role EVP & Chief Commercial Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1, F2 27,429 $24.67 $677K
Holdings After Transaction: Class A Common Stock — 157,187 shares (Direct)
Footnotes (2)
  1. F1. Shares withheld to cover tax obligations from settlement of vested RSUs.
  2. F2. Includes 662 shares acquired on April 15, 2026 and 313 shares acquired on July 15, 2026, pursuant to the Issuer's employee stock purchase plan.
Shares withheld for taxes 27,429 shares Class A Common Stock withheld on July 29, 2026 to cover RSU tax obligations
Per-share value for withholding $24.67 per share Value applied to the 27,429 withheld shares in the tax-withholding disposition
Shares held after transaction 157,187 shares Direct Class A Common Stock holdings by Gianluca Flore following the withholding
ESPP acquisition April 15, 2026 662 shares Shares acquired through Levi Strauss’s employee stock purchase plan on April 15, 2026
ESPP acquisition July 15, 2026 313 shares Shares acquired through Levi Strauss’s employee stock purchase plan on July 15, 2026
restricted stock units financial
"Shares withheld to cover tax obligations from settlement of vested RSUs."
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
"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.
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.
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What transaction did LEVI executive Gianluca Flore report in this Form 4?

Gianluca Flore reported a tax-withholding disposition of 27,429 shares of Levi Strauss Class A Common Stock on July 29, 2026. The shares were withheld to cover tax obligations from the settlement of vested restricted stock units (RSUs), not sold in the open market.

How many LEVI shares were withheld for Gianluca Flore’s tax obligations?

A total of 27,429 shares of Levi Strauss Class A Common Stock were withheld to satisfy tax obligations from vested RSUs. This withholding is recorded at a value of $24.67 per share, reflecting payment of tax liability by delivering or withholding securities.

What is the share price used for Gianluca Flore’s LEVI tax-withholding transaction?

The tax-withholding transaction used a value of $24.67 per share for the 27,429 withheld shares. This price applies to Levi Strauss Class A Common Stock in connection with covering Flore’s tax liability arising from the settlement of vested restricted stock units (RSUs).

How many LEVI shares does Gianluca Flore hold after this reported transaction?

After the tax-withholding disposition, Gianluca Flore directly holds 157,187 shares of Levi Strauss Class A Common Stock. This total includes shares obtained through the company’s employee stock purchase plan as detailed in the accompanying ownership footnote.

Were Gianluca Flore’s LEVI shares sold in the market or withheld for taxes?

The reported 27,429 shares were withheld to cover tax obligations from settlement of vested RSUs, rather than sold in the open market. The transaction is coded as an F transaction, indicating payment of tax liability by delivering or withholding securities.

What additional LEVI shares did Gianluca Flore acquire through the employee stock purchase plan?

Gianluca Flore’s post-transaction holdings include 662 shares acquired on April 15, 2026 and 313 shares acquired on July 15, 2026. Both acquisitions occurred under Levi Strauss’s employee stock purchase plan and are part of his total 157,187 directly owned shares.
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).
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*
Flore Gianluca

(Last)(First)(Middle)
C/O LEVI STRAUSS & CO.
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026
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 Stock07/29/2026F(1)27,429D$24.67157,187(2)D
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
Explanation of Responses:
1. Shares withheld to cover tax obligations from settlement of vested RSUs.
2. Includes 662 shares acquired on April 15, 2026 and 313 shares acquired on July 15, 2026, pursuant to the Issuer's employee stock purchase plan.
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact07/31/2026
** 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)