Form 4: Levi Strauss & Co.: Director Jennifer Haas Reports Changes in Beneficial Ownership

Director Jennifer Haas reports changes in beneficial ownership of Levi Strauss & Co. shares, including contributions to a limited liability company and corrections to previously reported holdings.

Summary

• On February 5, 2025, Jennifer C. Haas, a director of Levi Strauss & Co., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• The report includes transactions from February 3, 2025, involving Class B Common Stock, which is convertible to Class A Common Stock.
• Ms. Haas contributed 6,162 shares from custodial accounts to a limited liability company where she is the manager.
• The filing also corrects a transposition error in a previous Form 4 filed on February 5, 2024, regarding the number of derivative securities owned by trusts, changing it from 4,330,860 to 4,330,680.
• Ms. Haas directly owns 11,165,809 shares of Class A Common Stock.
• She also indirectly owns 31,770 shares through custodial accounts, 5,498,804 shares through a limited liability company, and 4,330,680 shares through trusts.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding changes in ownership.

Stakeholder Impact

• Shareholders are informed about changes in beneficial ownership by a company director.
• This information contributes to transparency and helps shareholders assess the alignment of management's interests with their own.

Key Dates

Keywords

beneficial ownership, Form 4, Levi Strauss & Co., Jennifer Haas, securities, director, stock, Class A Common Stock, Class B Common Stock