Form 4: Levi Strauss & Co.: Director Daniel S. Haas Reports Beneficial Ownership Changes
SEC Form 4 Filing
Director Daniel S. Haas reports changes in beneficial ownership of Levi Strauss & Co. shares, including the acquisition of Class A Common Stock upon conversion of Class B Common Stock.
Summary
- On February 3, 2025, Daniel S. Haas, a director of Levi Strauss & Co., reported changes in his beneficial ownership of the company's stock.
- The reported transactions involve the conversion of Class B Common Stock into Class A Common Stock.
- Following the reported transaction, Mr. Haas directly owns 14,606,820 shares of Class A Common Stock.
- Mr. Haas also indirectly owns 5,721,420 shares of Class A Common Stock through trusts where he serves as the sole trustee.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about changes in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| December 15, 2020 | Date of execution for the Limited Power of Attorney. |
| February 3, 2025 | Date of the reported transaction involving the conversion of Class B Common Stock to Class A Common Stock. |
| February 5, 2025 | Date of signature for the Form 4 filing. |
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