Form 4: Levi Strauss & Co. Executive Vice President Tracy Layney Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Tracy Layney, EVP and Chief HR Officer at Levi Strauss & Co., reports a transaction involving Class A Common Stock on April 15, 2024, due to shares withheld to cover tax obligations from vested RSUs.
Summary
- On April 15, 2024, Tracy Layney, EVP and Chief HR Officer of Levi Strauss & Co., reported a transaction involving Class A Common Stock.
- The transaction involved the withholding of 1,030 shares at a price of $19.72 to cover tax obligations from the settlement of vested Restricted Stock Units (RSUs).
- Following the transaction, Layney beneficially owns 40,438 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into executive transactions and holdings.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock transaction.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of transaction involving Class A Common Stock. |
| 04/17/2024 | Date of signature by Attorney-in-Fact. |
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