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.

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^*

Jedrzejek David

(Last) (First) (Middle)

C/O LEVI STRAUSS & CO.

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		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026

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
Class A Common Stock	01/22/2026		A(1)		10,440	A	$0.00	100,616	D
Class A Common Stock	01/22/2026		F(2)		3,978	D	$21.55	96,638	D
Class A Common Stock	01/22/2026		A(3)		12,200	A	$0.00	108,838	D
Class A Common Stock	01/22/2026		F(2)		4,476	D	$21.55	105,286(4)	D

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

Explanation of Responses:

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.

2. Shares withheld to cover tax obligation from settlement of vested PRSUs.

3. 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.

4. Includes 924 shares acquired on January 15, 2026, pursuant to the Issuer's employee stock purchase plan.

	/s/ Priscilla Duncan-Tannous, Attorney-in-Fact	01/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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.

Were the LEVI PRSU shares acquired by David Jedrzejek purchased on the open market?

No. The 10,440 and 12,200 Class A shares were issued upon vesting of performance-based restricted stock units and are shown at a price of $0.00 per share, reflecting equity awards rather than open-market purchases.

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.

How many LEVI shares does David Jedrzejek beneficially own after these transactions?

Following the reported transactions on January 22, 2026, David Jedrzejek beneficially owned 105,286 shares of Levi Strauss & Co. Class A common stock directly.

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.

Did the Form 4 mention any shares acquired through an employee stock purchase plan at LEVI?

Yes. The filing notes that David Jedrzejek's holdings include 924 shares acquired on January 15, 2026 under Levi Strauss & Co.'s employee stock purchase plan.