Form 4: Levi Strauss Director Haas Reports Significant Stock Transfers
Statement of Changes in Beneficial Ownership
Director Robert D. Haas disclosed multiple transfers of Class B Common Stock related to grantor retained annuity trusts, impacting his beneficial ownership in Levi Strauss & Co.
Summary
- Robert D. Haas, a Director and 10% Owner of Levi Strauss & Co. (LEVI), reported changes in beneficial ownership of Class B Common Stock.
- On November 10, 2025, a grantor retained annuity trust (GRAT) transferred 157,529 shares of Class B Common Stock directly to Mr. Haas.
- Another GRAT transferred 171,974 shares of Class B Common Stock to a trust for the benefit of Mr. Haas's descendants.
- A GRAT for Mr. Haas's spouse transferred 216,407 shares of Class B Common Stock to the spouse.
- The spouse's GRAT also transferred 242,198 shares of Class B Common Stock to a trust for the benefit of Mr. Haas's descendants.
- 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.
- Mr. Haas disclaims beneficial ownership of shares held by his spouse and 24,800,400 shares held as trustee.
Sentiment
Score: 5
Explanation: The filing reports routine estate planning transactions by a director and 10% owner, which are neutral in terms of company performance or outlook.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Industry Context
This Form 4 filing details an insider's beneficial ownership changes, which are routine for estate planning purposes and do not reflect broader industry trends or competitive positioning for the apparel sector.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| NA | NA | NA | NA | NA |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| NA | NA | NA | NA |
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Minimal direct impact on public shareholders as these are internal estate planning transfers of shares, not open market sales or purchases that would signal a change in the insider's view of the company's prospects.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 11/10/2025 | Transaction Date for multiple transfers of Class B Common Stock. |
| 11/11/2025 | Signature Date of the reporting person's attorney-in-fact. |
Keywords
Levi Strauss, LEVI, SEC Form 4, Insider Transaction, Beneficial Ownership, Class B Common Stock, Grantor Retained Annuity Trust, Robert D. Haas, Estate Planning
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