Trust-linked Levi Strauss (LEVI) insider moves 791,370 Class B shares

Rhea-AI Filing Summary

LEVI STRAUSS & CO insider Jennifer C. Haas, a 10% owner, reported an internal reallocation of 791,370 shares of Class B Common Stock. The shares were received at a stated price of $0.00 per share.

Footnotes explain the shares were received as part of a distribution from a trust to trusts for which Ms. Haas serves as trustee, and that many related holdings are in trusts, a custodial account, a dependent's account, and a limited liability company. In several cases she disclaims beneficial ownership of these shares, indicating they are held for the benefit of others rather than as her personal economic stake.

SEC Form 4

FORM 4

UNITED 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

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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^*

Haas Jennifer C.

(Last) (First) (Middle)

C/O ARGONAUT SECURITIES COMPANY

1155 BATTERY STREET

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LEVI STRAUSS & CO [ LEVI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(1)	02/20/2026		J(2)		791,370		(1)	(1)	Class A Common Stock	791,370	$0	791,370	I	See note(3)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	(1)		11,167,747	D
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	(1)		1,938	I	See note(4)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	(1)		33,708	I	See note(5)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	(1)		5,498,804	I	See note(6)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	(1)		4,330,680	I	See note(7)

Explanation of Responses:

1. 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.

2. Shares received as part of a distribution from a trust to trusts of which Ms. Haas is the trustee.

3. Shares are held in trusts for which Ms. Haas is the trustee for the benefit of others. Ms. Haas disclaims beneficial ownership of these shares.

4. Shares held in a custodial account for the benefit of another. Ms. Haas is the custodian and has sole voting and investment power over the account. She disclaims beneficial ownership of these shares.

5. Shares held by Ms. Haas' dependent. Ms. Haas disclaims beneficial ownership of these shares.

6. Shares held by a limited liability company of which Ms. Haas is the manager. Ms. Haas has no ownership interest in the limited liability company. She disclaims beneficial ownership of these shares.

7. Shares held in trusts of which Ms. Haas is the trustee.

	/s/ Christina M. Hamilton as Attorney-in-fact for Jennifer C. Haas	02/24/2026
	** Signature of Reporting Person	Date
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FAQ

What did LEVI insider Jennifer C. Haas report in this Form 4?

Jennifer C. Haas reported an internal reallocation involving 791,370 shares of Levi Strauss Class B Common Stock. The shares were received at a stated price of $0.00 in a trust-related distribution, rather than through an open-market purchase or sale.

How many LEVI Class B shares were involved in Haas’s February 20, 2026 filing?

The filing shows 791,370 shares of Levi Strauss Class B Common Stock tied to a Form 4 transaction dated February 20, 2026. These shares were received via a trust distribution, with no cash price per share reported in the document.

Was the LEVI Form 4 transaction a buy or sell of shares by Jennifer C. Haas?

The Form 4 does not classify the event as a traditional buy or sell. It uses code J, described as “Other acquisition or disposition,” reflecting a trust-related distribution rather than a standard open-market purchase or sale by Ms. Haas personally.

How is beneficial ownership described for the LEVI shares linked to Jennifer C. Haas?

Footnotes explain many Levi Strauss shares are held in trusts, a custodial account, a dependent’s account, and a limited liability company. In several cases, Ms. Haas disclaims beneficial ownership, indicating the shares are held for the benefit of others.

What role do trusts play in the LEVI insider holdings reported by Haas?

The filing notes that shares were received as part of a distribution from a trust to other trusts where Ms. Haas is trustee. Additional shares are held in various trusts, reinforcing that much of the reported ownership is structured through fiduciary arrangements.

Does the LEVI Form 4 show Ms. Haas owning the reported shares outright?

No, several footnotes state that shares are held for the benefit of others in trusts, custodial and dependent accounts, and a limited liability company. Ms. Haas often disclaims beneficial ownership, signaling these positions are not purely her personal economic holdings.