Levi Strauss EVP (NYSE: LEVI) has 27,429 shares withheld to cover taxes
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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Insights
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Insider Trade Summary
Net Seller: 27,429 shares
Net Sell
1 txn
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)
- F1. Shares withheld to cover tax obligations from settlement of vested RSUs.
- 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.
Key Figures
Shares withheld for taxes: 27,429 shares
Per-share value for withholding: $24.67 per share
Shares held after transaction: 157,187 shares
+2 more
5 metrics
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
Key Terms
restricted stock units, employee stock purchase plan, Class A Common Stock, tax-withholding disposition
4 terms
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.
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.