Levi Strauss (LEVI) SVP Jedrzejek receives PRSU shares, withholds stock for taxes
Rhea-AI Filing Summary
Levi Strauss & Co. SVP and General Counsel David Jedrzejek reported equity compensation activity involving Class A common stock. On January 22, 2026, 10,440 performance-based restricted stock units (PRSUs) granted on January 27, 2023 vested and were settled in shares, and 12,200 PRSUs granted on June 1, 2023 likewise vested and settled, both at a reported price of $0.00 per share as they are awards, not open-market purchases.
To satisfy tax obligations upon these PRSU settlements, the company withheld 3,978 and 4,476 shares at a price of $21.55 per share. After these transactions, Jedrzejek beneficially owned 105,286 shares of Class A common stock directly, which includes 924 shares acquired on January 15, 2026 through the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 10,440 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,978 | $21.55 | $86K |
| Grant/Award | Class A Common Stock | 12,200 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,476 | $21.55 | $96K |
Footnotes (1)
- On January 27, 2023, the reporting person was granted performance-based restricted stock units (PRSUs). Each PRSU represents a contingent right to receive shares of the Issuer's Class A common stock upon settlement and has no expiration date. The PRSUs vest at the end of a three-year period following the grant on the date that the Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria were met on January 22, 2026, resulting in the issuance of 10,440 vested PRSUs. Shares withheld to cover tax obligation from settlement of vested PRSUs. On June 1, 2023, the reporting person was granted PRSUs. Each PRSU represents a contingent right to receive shares of the Issuer's Class A common stock upon settlement and has no expiration date. The PRSUs vest at the end of a three-year period following the grant on the date that the Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria were met on January 22, 2026, resulting in the issuance of 12,200 vested PRSUs. Includes 924 shares acquired on January 15, 2026, pursuant to the Issuer's employee stock purchase plan.
FAQ
What insider transactions did LEVI SVP and General Counsel David Jedrzejek report?
David Jedrzejek reported the vesting and settlement of 10,440 performance-based restricted stock units (PRSUs) granted on January 27, 2023 and 12,200 PRSUs granted on June 1, 2023, each settled in Levi Strauss & Co. Class A common stock on January 22, 2026.
How were taxes handled on the vested LEVI PRSUs for David Jedrzejek?
To cover tax obligations from the settlement of vested PRSUs, the company withheld 3,978 shares and 4,476 shares of Class A common stock, each at a price of $21.55 per share, as indicated by transaction code F.
What is the role of David Jedrzejek at Levi Strauss & Co.?
David Jedrzejek is an officer of Levi Strauss & Co., serving as SVP and General Counsel, as disclosed in the Form 4.