Haas Daniel S. 4

What Happened
Daniel S. Haas, a reported 10% owner of Levi Strauss & Co. (LEVI), made a gift of 1,938 Class B common shares on February 3, 2026. The transaction is recorded as a gift (code G) with no cash exchanged (price reported as $0). The filing treats the shares as derivative securities (Class B), which are convertible into Class A shares.

Key Details

• Transaction date: 2026-02-03; Form 4 filed 2026-02-05 (Accession 0000935836-26-000070).
• Transaction type/code: Gift (G); reported consideration: $0.
• Security: Class B Common Stock (derivative on the Form 4); each Class B share is convertible to one Class A share (see footnote).
• Shares transferred: 1,938.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes: F1 — Class B shares convertible into Class A shares, one-for-one, no expiration; F2 — shares are held in trusts of which Mr. Haas is the sole trustee.

Context
Gifts are commonly used for estate or tax planning and do not necessarily signal the holder’s view of the company’s near-term prospects. As a 10% owner, Mr. Haas is a major shareholder rather than routine executive open-market trading; the conversion feature of Class B stock means these shares can be converted to Class A on a one-for-one basis.