Levi Strauss & Co (LEVI) officer withholds 3,395 shares for tax
Rhea-AI Filing Summary
Levi Strauss & Co disclosed that its SVP and General Counsel reported an insider share transaction on 12/11/20253,395 shares of Class A Common Stock were disposed of at a price of $21.61 per share using transaction code "F," which indicates shares were withheld to satisfy tax obligations tied to equity compensation. After this tax withholding related to vested RSUs, the reporting officer directly beneficially owned 90,176 shares of Levi Strauss & Co Class A Common Stock.
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FAQ
What insider stock transaction did Levi Strauss & Co (LEVI) report in this filing?
The filing reports that the SVP and General Counsel of Levi Strauss & Co had 3,395 shares of Class A Common Stock disposed of on 12/11/2025 in a transaction coded "F," meaning shares were withheld to cover taxes on equity compensation.
How many Levi Strauss & Co (LEVI) shares does the officer own after the transaction?
After the reported transaction, the officer directly beneficially owned 90,176 shares of Levi Strauss & Co Class A Common Stock.
What was the price used for the 3,395 Levi Strauss & Co (LEVI) shares withheld?
The 3,395 shares of Levi Strauss & Co Class A Common Stock were valued at a price of $21.61 per share for the tax withholding transaction.
Why were the Levi Strauss & Co (LEVI) shares disposed of in this insider filing?
The explanation states that the shares were withheld to cover tax obligations arising from the settlement of vested restricted stock units (RSUs), rather than sold as a discretionary open-market transaction.
Who is the reporting person in this Levi Strauss & Co (LEVI) Form 4 filing?
The reporting person is an officer of Levi Strauss & Co, serving as SVP and General Counsel, filing individually as indicated by the "Form filed by One Reporting Person" box.