SCHEDULE 13G/A: Miriam L. Haas Maintains Significant Stake in Levi Strauss & Co., Holding 28.8% of Class A Common Stock

Miriam L. Haas has filed an Amendment No. 5 to Schedule 13G, reaffirming her beneficial ownership of 42,062,206 shares, representing 28.8% of Levi Strauss & Co.'s Class A Common Stock as of December 31, 2024.

Summary

• Miriam L. Haas, a U.S. citizen, is the reporting person for this Schedule 13G filing.
• The filing pertains to Class A Common Stock, par value $0.001 per share, of Levi Strauss & Co.
• As of December 31, 2024, Miriam L. Haas beneficially owns 42,062,206 shares of Levi Strauss & Co.'s Class A Common Stock.
• This ownership represents 28.8% of the total Class A Common Stock outstanding.
• The calculation of the percentage is based on 104,057,741 shares of Class A Common Stock outstanding as reported by the Issuer's transfer agent on December 31, 2024.
• The beneficially owned shares include Class B Common Stock held by the Reporting Person, which is convertible into Class A Common Stock at a 1:1 exchange rate, as well as shares owned directly and indirectly through trusts.
• Miriam L. Haas holds sole voting power and sole dispositive power over all 42,062,206 shares.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual report of beneficial ownership, indicating a neutral sentiment. It neither presents positive nor negative financial performance or strategic changes, but rather confirms an existing significant stake.

Positives

• The continued significant beneficial ownership by Miriam L. Haas, a long-standing stakeholder, indicates stability and potential long-term confidence in Levi Strauss & Co.'s trajectory.
• The certification that shares are held in the ordinary course of business and not for control purposes suggests a stable ownership structure without immediate activist threats.

Risks

• Concentrated ownership by a single individual, while stable, could present governance challenges or influence future strategic decisions in a manner that may not always align with all minority shareholders' interests, although the filing states no intent to influence control.

Future Outlook

This document is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the company's future financial performance or strategic outlook.

Industry Context

This filing is a routine disclosure of beneficial ownership by a significant shareholder and does not provide specific insights into broader industry trends or competitive dynamics within the apparel or retail sectors. It primarily confirms the ownership structure of Levi Strauss & Co.

Stakeholder Impact

• Shareholders: The continued significant stake held by Miriam L. Haas provides stability in the ownership structure, potentially reducing concerns about sudden large-scale divestments or hostile takeover attempts. Her long-term commitment may be viewed positively by other investors.

Key Dates

Keywords

Levi Strauss & Co., Beneficial Ownership, Schedule 13G, Class A Common Stock, Miriam L. Haas, SEC Filing, Shareholder, Ownership Stake, Public Company