Form 4: Levi Strauss & Co. CEO Michelle Gass Reports Stock Transaction
SEC Form 4 Filing
Michelle Gass, President & CEO of Levi Strauss & Co., reports the disposal of shares to cover tax obligations from vested RSUs on January 24, 2025.
Summary
- On January 24, 2025, Michelle Gass, the President & CEO of Levi Strauss & Co., reported a transaction involving Class A Common Stock.
- The transaction involved the disposal of 31,746 shares at a price of $17.54 per share.
- These shares were withheld to cover tax obligations arising from the settlement of vested Restricted Stock Units (RSUs).
- Following the transaction, Gass directly owns 426,777 shares of Levi Strauss & Co. Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing simply reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/24/2025 | Date of stock transaction (disposal of shares). |
| 01/28/2025 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.