Form 4: Levi Strauss Executive Sells Shares for Tax Obligations

Levi Strauss & Co.'s EVP & Chief Financial and Growth Officer, Harmit J Singh, disposed of 3,444 shares of Class A Common Stock to cover tax obligations related to vested restricted stock units.

Summary

• Harmit J Singh, EVP & Chief Financial and Growth Officer of Levi Strauss & Co. (LEVI), reported a transaction involving Class A Common Stock.
• On December 11, 2025, 3,444 shares of Class A Common Stock were disposed of at a price of $21.61 per share.
• This disposition was made to cover tax obligations arising from the settlement of vested Restricted Stock Units (RSUs).
• Following this transaction, Harmit J Singh beneficially owns 328,347 shares of Class A Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1 plan, indicating it was pre-scheduled and non-discretionary.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax purposes, which is neutral in sentiment and does not indicate any positive or negative operational or financial developments for the company.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction (Form 4) related to tax withholding upon RSU vesting, which is a common occurrence across publicly traded companies and does not reflect specific industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary sale for tax purposes and does not reflect a change in management's confidence or company fundamentals.

Key Dates

Keywords

Levi Strauss & Co., LEVI, Harmit J Singh, Insider Transaction, Form 4, Class A Common Stock, Restricted Stock Units, Tax Obligation, Rule 10b5-1