Form 4: Levi Strauss & Co. Executive Harmit J. Singh Reports Stock Transaction

Harmit J. Singh, EVP & Chief Fin. & Growth Ofc. of Levi Strauss & Co., reported a transaction involving the withholding of 1,267 Class A Common Stock shares to cover tax obligations.

Summary

• Harmit J. Singh, an executive at Levi Strauss & Co., filed a Form 4 indicating a transaction on December 12, 2024.
• The transaction involved the withholding of 1,267 shares of Class A Common Stock to cover tax obligations related to the settlement of vested Restricted Stock Units (RSUs).
• The price per share for the transaction was $17.37.
• Following the transaction, Mr. Singh directly owns 277,749 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock transaction, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, and this transaction is typical for executives receiving stock-based compensation.
• Similar filings are regularly made by executives at comparable companies such as VF Corporation (VFC) and Tapestry (TPR) when they have stock transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard tax withholding related to executive compensation.

Key Dates

Keywords

Form 4, Levi Strauss & Co, Harmit J. Singh, stock transaction, insider trading, Class A Common Stock, RSU, tax withholding