Trusts for Levi Strauss (NYSE: LEVI) owner receive Class B shares

Rhea-AI Filing Summary

LEVI STRAUSS & CO major shareholder Bradley J. Haas reported an “other” transaction involving 791,370 shares of Class B Common Stock on February 20, 2026. The shares were received by trusts for which he serves as trustee, as part of a distribution from another trust, leaving 3,572,820 Class B shares held indirectly after the transaction.

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 Bradley J.

(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	3,572,820	I	See note(3)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	(1)		13,298,219	D
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	(1)		163,574	I	See note(4)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	(1)		68,911	I	See note(5)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	(1)		4,050,680	I	See note(6)

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 Mr. Haas is the trustee.

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

4. Shares held in custodial accounts for the benefit of others. Mr. Haas is the custodian and has sole voting and investment power over the accounts. He disclaims benefical ownership of these shares.

5. Shares held by Mr. Haas' spouse. He disclaims beneficial ownership of these shares.

6. Shares held in trusts of which Mr. Haas is the trustee.

	/s/ Christina M. Hamilton as Attoney-in-fact for Bradley J. Haas	02/24/2026
	** 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.
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FAQ

What insider transaction did LEVI’s Bradley J. Haas report on this Form 4?

Bradley J. Haas reported an “other” insider transaction involving 791,370 shares of Levi Strauss Class B Common Stock. The shares were received by trusts connected to him through a distribution from another trust, rather than through an open-market purchase or sale.

How many Levi Strauss (LEVI) shares does Bradley J. Haas hold after this filing?

After the reported transaction, entities associated with Bradley J. Haas held 3,572,820 shares of Levi Strauss Class B Common Stock indirectly. The Form 4 shows this as the total Class B holdings following the trust-related distribution on February 20, 2026.

Was the LEVI insider transaction a buy or sell of Class B shares?

The Form 4 labels the transaction with code J, described as an “other acquisition or disposition,” rather than a standard buy or sell. It reflects a distribution of 791,370 Class B shares between trusts, not an open-market trade at a stated share price.

How were the 791,370 Levi Strauss Class B shares transferred to the trusts?

The 791,370 Class B shares were received as part of a distribution from a trust to other trusts where Bradley J. Haas serves as trustee. This internal trust distribution is detailed in the Form 4 footnotes, rather than being a typical market transaction.

What do the Form 4 footnotes say about Bradley J. Haas’s beneficial ownership in LEVI?

The footnotes explain that many shares are held in trusts, custodial accounts, or by his spouse, and he disclaims beneficial ownership of those shares. Some trusts list him as trustee or custodian, with varying levels of voting and investment authority over the Class B stock.

Can Levi Strauss (LEVI) Class B Common Stock be converted to Class A shares?

Each share of Levi Strauss Class B Common Stock is convertible into one share of Class A Common Stock at the holder’s option. According to the footnotes, this conversion right has no expiration date, giving holders flexibility if they choose to convert in the future.