Form 4: Levi Strauss Director Gifts Class B Shares

Robert D. Haas, a Director and 10% owner of Levi Strauss & Co., reported gifting 1,938 shares of Class B Common Stock.

Summary

• Robert D. Haas, a Director and 10% owner of Levi Strauss & Co. (LEVI), reported changes in beneficial ownership of derivative securities.
• Haas disposed of 1,938 shares of Class B Common Stock through a gift transaction on February 3, 2026.
• Each Class B Common Stock share is convertible into one Class A Common Stock share at the holder's option and has no expiration date.
• Following this transaction, Haas directly holds 0 shares of Class B Common Stock.
• Haas continues to indirectly beneficially own 26,241,560 shares of Class B Common Stock as a trustee, though he disclaims beneficial ownership of 24,910,777 of these shares.
• Additionally, Haas indirectly beneficially owns 278,062 shares by his spouse and 10,080,330 shares by his spouse as trustee, disclaiming beneficial ownership of these shares as well.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine insider transaction (gift) by a long-term holder, which typically has a neutral impact on company sentiment.

Negatives

• Robert D. Haas, a Director and 10% owner, disposed of 1,938 shares of Class B Common Stock via a gift, reducing his direct beneficial ownership to zero.

Industry Context

StockSavvy.ai notes that insider transactions, especially gifts, are common for long-term holders and often not indicative of operational performance or broader industry trends.

Related Party Transactions

• The filing indicates indirect beneficial ownership by spouse (278,062 shares) and by spouse as trustee (10,080,330 shares), for which the reporting person disclaims beneficial ownership.

Stakeholder Impact

• Shareholders might note a slight reduction in direct insider ownership, but the overall beneficial ownership by the insider and related parties remains substantial.

Key Dates

Recommendation

This Form 4 reports a routine gift of a small number of shares by a significant insider. Such transactions are common for estate planning or philanthropic purposes and do not typically signal a change in the company's fundamental prospects or warrant a shift in investment strategy. The insider retains substantial indirect beneficial ownership.

Keywords

LEVI, Levi Strauss, Form 4, insider transaction, beneficial ownership, Class B Common Stock, Robert D. Haas, director, 10% owner