Form 4: Robert Haas Executes Planned Sale of Levi Strauss Shares
Statement of Changes in Beneficial Ownership
Reporting person Robert D. Haas sold 198,283 shares of Levi Strauss & Co. Class A Common Stock via a 10b5-1 trading plan.
Summary
- Robert D. Haas, a 10% owner of Levi Strauss & Co., converted Class B Common Stock into Class A Common Stock and subsequently sold the shares.
- On May 26, 2026, 192,451 shares were sold at a weighted average price of $22.6834.
- On May 27, 2026, an additional 5,832 shares were sold at a weighted average price of $24.0044.
- All transactions were executed pursuant to a Rule 10b5-1(c) trading plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transactions were pre-planned and represent standard portfolio management by a major shareholder.
Positives
- The transactions were conducted under a pre-arranged 10b5-1 trading plan, which typically indicates a systematic approach to liquidity rather than a reaction to non-public information.
Negatives
- The sale represents a reduction in the reporting person's indirect beneficial ownership of the company's equity.
Risks
- None identified; this is a standard disclosure of insider equity transactions.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that insider selling via 10b5-1 plans is a common practice for long-term shareholders and executives to manage personal liquidity without triggering market concerns regarding insider sentiment.
Comparison to Industry Standards
- The use of 10b5-1 plans is the industry standard for corporate insiders to divest shares while maintaining compliance with SEC regulations.
Stakeholder Impact
- Minimal impact expected as the sale was executed through a pre-arranged trading plan.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 05/26/2026 | Earliest transaction date for the conversion and sale of shares. |
| 05/27/2026 | Secondary transaction date for the conversion and sale of shares. |
| 05/28/2026 | Date of filing for the Form 4 statement. |
Keywords
Levi Strauss, LEVI, Insider Trading, Form 4, Robert Haas, Equity Sale
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