Levi Strauss (LEVI) large shareholder Haas sells 198K Class A shares after conversions

Rhea-AI Filing Summary

LEVI STRAUSS & CO major shareholder Robert D. Haas reported a mix of open‑market sales and share conversions involving Class A and Class B Common Stock. As trustee, he sold 192,451 Class A shares on May 26, 2026 at a weighted average price of $22.6834 per share, and 5,832 Class A shares on May 27, 2026 at a weighted average price of $24.0044 per share. These sales came from conversions of Class B Common Stock into Class A Common Stock, each Class B share being convertible into one Class A share with no expiration date. After the transactions, indirect Class B holdings reported include 25,735,728 shares as trustee, 10,080,330 shares by spouse as trustee, and 278,062 shares by spouse, and the filing notes that 24,404,945 of these shares are disclaimed as beneficially owned.

Insights

Equity ownership analyst

Large holder records routine conversions and modest net share sale.

The filing shows Robert D. Haas, a more than ten percent owner, converting Class B Common Stock into Class A and then selling 198,283 Class A shares indirectly held as trustee. The sale prices cluster around $22.68 and $24.00 per share, based on weighted averages.

Despite the net sell direction, Haas continues to report substantial indirect Class B holdings: 25,735,728 shares as trustee, 10,080,330 shares by spouse as trustee, and 278,062 shares by spouse. Footnotes clarify that 24,404,945 of these shares are disclaimed as beneficially owned, which limits the economic signal attributable directly to him.

Because the transactions are small relative to the reported multi‑million‑share indirect position and involve conversions between share classes at a fixed one‑for‑one rate, they appear consistent with portfolio and ownership‑structure management rather than a major shift in exposure.

Insider Trade Summary 10b5-1

Net Seller: 198,283 shares ($4,505,437)

Net Sell 9 txns

Insider Haas Robert D.

Role null

Sold 198,283 shs ($4.51M)

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock	5,832	$0.00	--
Conversion	Class B Common Stock	0	$0.00	--
Conversion	Class B Common Stock	0	$0.00	--
Conversion	Class B Common Stock	0	$0.00	--
Conversion	Class A Common Stock	5,832	$0.00	--
Sale	Class A Common Stock	5,832	$24.0044	$140K
Conversion	Class B Common Stock	192,451	$0.00	--
Conversion	Class A Common Stock	192,451	$0.00	--
Sale	Class A Common Stock	192,451	$22.6834	$4.37M

Holdings After Transaction: Class B Common Stock — 25,735,728 shares (Indirect, As trustee); Class B Common Stock — 0 shares (Direct, null); Class A Common Stock — 5,832 shares (Indirect, As trustee)

Footnotes (1)

1. Represents the conversion of Class B Common Stock into Class A Common Stock held indirectly by the reporting person. Price represents the weighted average sale price of the shares sold on May 26, 2026. The sale price ranged from $22.39 to $22.85 per share. Upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Price represents the weighted average sale price of the shares sold on May 27, 2026. The sale price ranged from $24.00 to $24.01 per share. Upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 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. Includes 24,404,945 shares as to which the reporting person disclaims beneficial ownership. The reporting person disclaims beneficial ownership of these shares.

Key Figures

Class A shares sold May 26, 2026: 192,451 shares at $22.6834 Class A shares sold May 27, 2026: 5,832 shares at $24.0044 Total Class A shares sold: 198,283 shares +5 more

8 metrics

Class A shares sold May 26, 2026 192,451 shares at $22.6834 Open-market sale, indirect as trustee

Class A shares sold May 27, 2026 5,832 shares at $24.0044 Open-market sale, indirect as trustee

Total Class A shares sold 198,283 shares Net-sell direction across reported transactions

Class B held as trustee 25,735,728 shares Indirect ownership after transactions

Class B by spouse as trustee 10,080,330 shares Indirect holding associated with spouse

Class B by spouse 278,062 shares Indirect holding associated with spouse

Shares disclaimed 24,404,945 shares Beneficial ownership disclaimed in footnote

Converted/exercise shares 198,283 shares Shares converted from Class B into Class A

Key Terms

Class B Common Stock, derivative conversion, beneficial ownership, weighted average sale price, +1 more

5 terms

Class B Common Stock financial

"Each share of Class B Common Stock is convertible into one share of Class A Common Stock…"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

derivative conversion financial

"Transaction code C is described as a derivative conversion of Class B into Class A."

beneficial ownership financial

"Includes 24,404,945 shares as to which the reporting person disclaims beneficial ownership."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

weighted average sale price financial

"Price represents the weighted average sale price of the shares sold on May 26, 2026."

more than ten percent owner financial

"Haas is listed as a more than ten percent owner of the issuer."

Form 4 Insider Transactions: What Each Field Means →

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

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).

X

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 Robert D.

(Last) (First) (Middle)

C/O ARGONAUT SECURITIES COMPANY

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/26/2026		C(1)		192,451	A	$0.00	192,451	I	As trustee
Class A Common Stock	05/26/2026		S		192,451	D	$22.6834(2)	0	I	As trustee
Class A Common Stock	05/27/2026		C(1)		5,832	A	$0.00	5,832	I	As trustee
Class A Common Stock	05/27/2026		S		5,832	D	$24.0044(3)	0	I	As trustee

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	$0.00	05/26/2026		C(1)			192,451	(4)	(4)	Class A Common Stock	(4)	$0.00	25,735,728(5)	I	As trustee
Class B Common Stock	$0.00	05/27/2026		C(1)			5,832	(4)	(4)	Class A Common Stock	(4)	$0.00	25,735,728(5)	I	As trustee
Class B Common Stock	$0.00	05/27/2026		C(1)			0	(4)	(4)	Class A Common Stock	(4)	$0.00	0	D
Class B Common Stock	$0.00	05/27/2026		C(1)			0	(4)	(4)	Class A Common Stock	(4)	$0.00	278,062	I	By spouse(6)
Class B Common Stock	$0.00	05/27/2026		C(1)			0	(4)	(4)	Class A Common Stock	(4)	$0.00	10,080,330	I	By spouse as trustee(6)

Explanation of Responses:

1. Represents the conversion of Class B Common Stock into Class A Common Stock held indirectly by the reporting person.

2. Price represents the weighted average sale price of the shares sold on May 26, 2026. The sale price ranged from $22.39 to $22.85 per share. Upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. Price represents the weighted average sale price of the shares sold on May 27, 2026. The sale price ranged from $24.00 to $24.01 per share. Upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. 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.

5. Includes 24,404,945 shares as to which the reporting person disclaims beneficial ownership.

6. The reporting person disclaims beneficial ownership of these shares.

	/s/ Parker B. Phillips, attorney-in-fact	05/28/2026
	** Signature of Reporting Person	Date
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)

FAQ

What did LEVI insider Robert D. Haas do in this Form 4 filing?

Robert D. Haas reported converting Class B Common Stock into Class A Common Stock and selling 198,283 Class A shares held indirectly as trustee. The sales occurred on May 26 and May 27, 2026, and were reported as open‑market transactions at weighted average prices.

How many LEVI Class A shares did Robert D. Haas sell and at what prices?

He sold 192,451 Class A shares on May 26, 2026, at a weighted average price of $22.6834, and 5,832 Class A shares on May 27, 2026, at a weighted average price of $24.0044. Both sales were reported as open‑market or private transactions.

Were the LEVI share sales linked to conversions of Class B stock?

Yes. The filing states that the Class A shares sold were obtained through conversions of Class B Common Stock, with each Class B share convertible into one Class A share and having no expiration date. These conversions were reported using transaction code C for derivative security conversions.

What LEVI shareholdings does Robert D. Haas report after these transactions?

After the transactions, he reports indirect holdings of 25,735,728 Class B shares as trustee, 10,080,330 Class B shares held by his spouse as trustee, and 278,062 Class B shares held by his spouse. The filing notes that 24,404,945 of these shares are disclaimed as beneficially owned.

How does the Form 4 describe Robert D. Haas’s ownership capacity in LEVI shares?

The filing shows Haas holding shares indirectly “as trustee” and through his spouse, including holdings where he disclaims beneficial ownership. This means many reported shares are associated with trusts or spouse-held accounts, rather than directly held personal trading positions.

What do the weighted average prices in the LEVI insider sale indicate?

Weighted average prices of $22.6834 on May 26 and $24.0044 on May 27 mean each day’s reported sale combined multiple trades within a price range. Footnotes state the ranges and offer to provide exact trade‑by‑trade details upon request to regulators or security holders.