Form 4: Levi Strauss & Co. Director Transfers Shares to Trust

Margaret E. Haas, a director of Levi Strauss & Co., transferred 73,567 shares of Class B Common Stock to a trust on May 9, 2024.

Summary

• On May 9, 2024, Margaret E. Haas, a director of Levi Strauss & Co., transferred 73,567 shares of Class B Common Stock.
• The transfer was from a trust where Ms. Haas is trustee and beneficiary to another trust where she is trustee for the benefit of others.
• The transaction was executed at a price of $22.35 per share.
• Following the transaction, Ms. Haas directly owns 14,153,747 shares of Class A Common Stock and indirectly owns 20,636,163 shares.
• Ms. Haas disclaims beneficial ownership of shares held by the transferee trust and other trusts/LLCs where she serves as trustee/manager for the benefit of others.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding a share transfer. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect a broader trend in the apparel industry.

Stakeholder Impact

• The transaction itself is unlikely to have a significant impact on stakeholders, as it is a transfer between trusts controlled by the same individual.

Key Dates