Form 4: Levi Strauss Director Haas Reports Share Grant

Sentiment:

Insider Ownership Report


Jennifer C. Haas, a Director and 10% owner of Levi Strauss & Co., reported the acquisition of 1,938 shares of Class B Common Stock through a grant.

Summary

  • Jennifer C. Haas, a Director and 10% owner of Levi Strauss & Co. (LEVI), reported a transaction involving derivative securities.
  • On February 3, 2026, Ms. Haas acquired 1,938 shares of Class B Common Stock through a grant (Transaction Code 'G').
  • Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
  • Following this transaction, Ms. Haas directly beneficially owns 11,167,747 shares of Class B Common Stock.
  • She also has indirect beneficial ownership of 1,938 shares in a custodial account (disclaimed), 33,708 shares held by a dependent (disclaimed), 5,498,804 shares held by an LLC she manages (disclaimed), and 4,330,680 shares held in trusts where she is the trustee.
  • The filing was signed by Christina M. Hamilton as Attorney-in-fact for Jennifer C. Haas on February 5, 2026, under a Limited Power of Attorney dated March 11, 2025.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. A share grant is a routine compensation item for an insider and does not inherently signal a significant positive or negative shift in company prospects or insider sentiment beyond standard equity incentives.

Positives

  • Jennifer C. Haas, a Director and 10% owner, received a grant of 1,938 shares of Class B Common Stock, indicating continued equity participation in the company.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that routine Form 4 filings, such as this one reporting an insider share grant, are standard disclosures in the public markets. They provide transparency into executive and director compensation structures and ownership stakes, which is a common practice across all industries, including apparel.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Authorization of Attorney-in-FactJennifer C. Haas executed a Limited Power of Attorney, appointing several individuals to prepare, execute, and file SEC forms (Forms ID, Schedules 13D/13G, Forms 3, 4, 5) on her behalf related to Levi Strauss & Co. securities.2025-03-11Enhances efficiency and compliance for insider reporting requirements by delegating administrative tasks to legal representatives, ensuring timely and accurate filings.

Related Party Transactions

  • Jennifer C. Haas, a Director and 10% owner, received a grant of 1,938 shares of Class B Common Stock from Levi Strauss & Co.
  • The filing details indirect beneficial ownership through a custodial account, a dependent, a limited liability company managed by Ms. Haas, and trusts where Ms. Haas is the trustee.

Stakeholder Impact

  • Shareholders: Provides transparency regarding insider ownership and compensation structure. The grant increases the insider's stake, aligning interests.
  • Management: The grant is part of the compensation package for a key director and 10% owner.

Key Dates

DateDescription
2025-03-11Date Jennifer C. Haas executed the Limited Power of Attorney.
2026-02-03Date of the reported transaction where Jennifer C. Haas acquired derivative securities.
2026-02-05Date the Form 4 was signed by the attorney-in-fact.

Recommendation

hold

This Form 4 filing reports a routine grant of shares to a director and 10% owner. Such transactions are standard compensation practices and do not typically indicate a significant change in the company's fundamental outlook or warrant a change in investment recommendation. The information is primarily for transparency regarding insider holdings.

Keywords

Levi Strauss, LEVI, Form 4, Insider Trading, Beneficial Ownership, Director, 10% Owner, Share Grant, Class B Common Stock, Corporate Governance

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