Form 4: Levi Strauss & Co: Director Margaret E. Haas Executes Trust Transfers and Private Sale of Class B Common Stock

Director Margaret E. Haas reports transfers of Levi Strauss & Co. Class B Common Stock between trusts and a private sale, with no change in her overall beneficial ownership.

Summary

• On November 1, 2024, Margaret E. Haas, a director of Levi Strauss & Co., engaged in transactions involving Class B Common Stock.
• 112,723 shares were transferred from a trust where Ms. Haas is trustee and beneficiary to another trust where she is trustee for the benefit of others, at a price of $17.12 per share.
• A private sale of 13,687 shares also occurred from a trust where Ms. Haas is trustee and beneficiary to a trust for the benefit of others, at $17.12 per share.
• Following these transactions, Ms. Haas directly owns 13,882,274 shares of Class A Common Stock and indirectly owns 20,867,680 shares through various trusts and entities.
• Ms. Haas disclaims beneficial ownership of shares held by the Margaret E. Haas Fund (7,074,430 shares) and the Lynx Foundation (844,680 shares), where she serves as Board Chair.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.

Industry Context

This filing reflects routine transactions by a company insider and provides transparency regarding their holdings in Levi Strauss & Co.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider activity.
• The transactions have no immediate impact on employees, customers, suppliers, or creditors.

Key Dates