Form 4: Levi Strauss & Co. Director Bradley J. Haas Reports Class B to Class A Common Stock Conversion and Share Sale

Director Bradley J. Haas converted Class B Common Stock to Class A Common Stock and sold 14,015 shares of Levi Strauss & Co. at an average price of $22.0536 per share.

Summary

• On April 4, 2024, Bradley J. Haas, a director of Levi Strauss & Co., converted 14,015 shares of Class B Common Stock into Class A Common Stock.
• Simultaneously, Mr. Haas sold 14,015 shares of Class A Common Stock at a weighted average price of $22.0536 per share, with individual transactions ranging from $22 to $22.28.
• The sale was executed under a pre-established Rule 10b5-1 plan.
• Following these transactions, Mr. Haas directly owns no shares of Class A Common Stock.
• Mr. Haas also indirectly owns shares through custodial accounts, his spouse, and trusts where he serves as trustee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports facts.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the sale of shares by a director, but the pre-planned nature of the sale mitigates potential concerns.

Key Dates