Form 4: Levi Strauss & Co. Director Robert Haas Receives Shares from Trusts

Director Robert D. Haas acquired shares of Levi Strauss & Co. Class A Common Stock through trust transfers, as reported in a recent SEC filing.

Summary

• Robert D. Haas, a director of Levi Strauss & Co., reported transactions involving Class A and Class B Common Stock.
• On October 8, 2024, Haas acquired 250,000 shares of Class A Common Stock at $0 per share.
• These shares were obtained through a transfer from a grantor retained annuity trust.
• Additional shares of Class B Common Stock were transferred to Haas and his spouse through similar trusts on November 1, 2024.
• Haas disclaims beneficial ownership of shares held by his spouse and by his spouse as trustee.
• Each share of Class B Common Stock is convertible into one share of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key personnel.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the stock ownership of a key company director.

Key Dates