Haas Bradley J. 4

What Happened Bradley J. Haas, a >10% owner of Levi Strauss & Co. (LEVI), reported a series of gifts on 2026-02-03 involving Class B common stock that is convertible into Class A (per filing). The filing shows four gift acquisitions totaling 11,628 shares (1,938 + 3,876 + 3,876 + 1,938) and one gift disposition of 3,876 shares; all transactions were gifts (code G) with $0 consideration. Net change: +7,752 shares. No cash was exchanged in these transfers.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (filed within the typical 2-business-day window).
• Price: $0.00 (gifts); total cash value reported = $0.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes from the filing:
  • F1: Class B shares are convertible into Class A at holder's option with no expiration.
  • F2–F5: Transfers were from Mr. Haas’ revocable trust to custodial accounts and trusts; some shares held in custodial accounts and by his spouse are disclaimed as his beneficial ownership. Mr. Haas is custodian/trustee for these accounts and retains sole voting/investment power in some cases.
• Transaction type: Gift (G); not a purchase or open-market sale.

Context Gifts are transfers of ownership and do not necessarily signal the insider’s view of the company’s prospects. As a 10% owner, these are structured estate/trust/custodial transfers rather than typical executive trading; Mr. Haas also disclaims beneficial ownership for certain transferees per the footnotes. The Class B shares involved are convertible into Class A shares, which may affect voting/ownership structure but does not change that these were non‑cash gifts.