Form 4: Levi Strauss Director Gifts Shares

Levi Strauss & Co. Director Joshua E. Prime reported gifting Class B Common Stock on February 3, 2026.

Summary

• Joshua E. Prime, a Director and 10% Owner of Levi Strauss & Co., reported a gift transaction (Transaction Code 'G') of Class B Common Stock on February 3, 2026.
• The transactions involved the disposition of Class B Common Stock, which is convertible into Class A Common Stock at the holder's option with no expiration date.
• Specific dispositions by gift include: 1,938 shares held directly, 0 shares held indirectly as trustee, 1,938 shares held indirectly by spouse, 5,814 shares held indirectly by spouse as custodian, and 5,814 shares held indirectly by spouse.
• Following these transactions, Mr. Prime's beneficial ownership includes: 50,001 shares held directly, 10,000 shares held indirectly as trustee, 1,553,868 shares held indirectly by spouse, and 237,126 shares held indirectly by spouse as custodian.
• Mr. Prime disclaims beneficial ownership of shares held by the Haas Prime Family 2012 Trust except to the extent of his pecuniary interest, and disclaims beneficial ownership of shares held by his spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a gift transaction rather than a sale for profit or a significant change in the director's overall stake that would imply a shift in confidence in the company's future.

Industry Context

StockSavvy.ai notes that insider gift transactions are routine disclosures and typically do not signal significant operational or strategic shifts for the company. Such filings are primarily for transparency regarding changes in beneficial ownership.

Related Party Transactions

• Joshua E. Prime's beneficial ownership includes shares held indirectly by the Haas Prime Family 2012 Trust, for which he and his spouse serve as co-trustees. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
• Shares are also held indirectly by his spouse and by his spouse as custodian, for which he disclaims beneficial ownership.

Stakeholder Impact

• Shareholders: Minimal direct impact, as this is a routine disclosure of a personal transaction by an insider, not related to company operations or performance.
• Employees, Customers, Suppliers, Creditors: No discernible direct impact from this insider transaction report.

Key Dates

Recommendation

The filing details a gift of shares by a director, which is a routine insider transaction and does not provide new information to alter an investment thesis. It does not reflect a change in the company's fundamentals or strategic direction, thus a 'hold' recommendation is appropriate.

Keywords

Levi Strauss, LEVI, Insider Transaction, Form 4, Director, Stock Gift, Beneficial Ownership