Form 4: Levi Strauss & Co. Executive Converts Class B Common Stock to Class A

Harmit J. Singh, EVP & Chief Fin. & Growth Ofc. of Levi Strauss & Co., converted 36,124 shares of Class B Common Stock into Class A Common Stock on November 5, 2024.

Summary

• On November 5, 2024, Harmit J. Singh, the EVP & Chief Fin. & Growth Ofc. of Levi Strauss & Co., converted 36,124 shares of Class B Common Stock into Class A Common Stock.
• The conversion was executed at a price of $0.00.
• Following the transaction, Singh directly owns 279,016 shares of Class A Common Stock.
• Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the holder's option, with no expiration date.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a stock conversion, which is neutral in sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The conversion of stock may have a minor impact on shareholders due to the change in the number of outstanding shares of each class, but the overall impact is likely minimal.

Key Dates