Form 4: Levi Strauss & Co. Director Reports Transactions Involving Class B Common Stock

Sentiment:

SEC Form 4 Filing


Director Robert D. Haas reports transactions involving Levi Strauss & Co. Class B Common Stock, including transfers to and from grantor retained annuity trusts.

Summary

  • On June 4, 2024, Robert D. Haas, a director of Levi Strauss & Co., reported transactions involving Class B Common Stock.
  • The transactions include transfers of Class B Common Stock to the reporting person from grantor retained annuity trusts.
  • The reporting person also transferred shares of Class B Common Stock to grantor retained annuity trusts.
  • Similar transactions occurred involving the spouse of the reporting person and grantor retained annuity trusts.
  • The reporting person disclaims beneficial ownership of shares held by the spouse or by the spouse as trustee.
  • Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a standard SEC Form 4 filing, reflecting changes in beneficial ownership by a company insider. These filings are routine and provide transparency into the trading activities of company executives and directors.

Stakeholder Impact

  • The transactions reported may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

DateDescription
06/04/2024Date of the reported transactions involving Class B Common Stock.
06/06/2024Date of signature by attorney-in-fact.

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