Form 4: Levi Strauss & Co. Director Robert D. Haas Reports Complex Share Transfers

Director Robert D. Haas of Levi Strauss & Co. reported multiple transactions involving Class A and Class B common stock, including transfers to and from trusts and his spouse.

Summary

• Robert D. Haas, a director at Levi Strauss & Co., has reported several transactions involving the company's Class A and Class B common stock.
• These transactions occurred on December 4, 2024, and involve transfers to and from grantor retained annuity trusts, as well as transfers to trusts for the benefit of his descendants and his spouse.
• The transactions include both direct and indirect ownership changes, with some shares held directly by Mr. Haas and others held in trust or by his spouse.
• The reported transactions involve a total of 4,034,336 shares of Class B common stock.
• Class B common stock is convertible into Class A common stock on a one-to-one basis.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing share transactions by a company director. It does not contain any information that would be considered positive or negative from an investment perspective.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. These filings are a regular part of corporate governance and transparency.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The transactions reported by Robert D. Haas are typical for corporate insiders managing their personal investments and estate planning.
• Similar filings can be seen across all companies listed on the NYSE and NASDAQ.

Stakeholder Impact

• The transactions reported in this document do not have a direct impact on stakeholders such as shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Levi Strauss & Co, Robert D. Haas, Class A Common Stock, Class B Common Stock, Share Transactions, Grantor Retained Annuity Trusts, Beneficial Ownership, Director, SEC Form 4