Form 4: Levi Strauss & Co. Director Converts Class B Common Stock to Class A

Director David A. Friedman converted 100,000 shares of Class B Common Stock into Class A Common Stock of Levi Strauss & Co.

Summary

• On September 12, 2024, David A. Friedman, a director of Levi Strauss & Co., converted 100,000 shares of Class B Common Stock into Class A Common Stock.
• The conversion was executed at a price of $0.00.
• Following the transaction, Friedman directly owns 42,949 shares of Class A Common Stock and indirectly owns 254,178 shares through the David A. Friedman 1993 Revocable Trust.
• Friedman also directly owns 9,516 shares of Class B Common Stock and indirectly owns 1,156,540 shares through the David A. Friedman 1993 Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a stock conversion. It doesn't inherently convey positive or negative sentiment, but rather reports a factual transaction.

Industry Context

This transaction reflects an insider's activity in the company's stock, which is a common occurrence. Monitoring such transactions can provide insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The conversion of shares could have a minor impact on the overall shareholder structure, but is unlikely to significantly affect stakeholders.

Key Dates