Haas Jennifer C. 4

What Happened Jennifer C. Haas, reported as a 10% owner of Levi Strauss & Co. (LEVI), was the recipient of three gift transactions on February 3, 2026—each for 1,938 shares of Class B common stock—totaling 5,814 shares. Each gift was reported at $0.00 (no purchase price); the filing treats the shares as derivative-class (Class B common stock convertible into Class A per footnote). The Form 4 was filed on February 5, 2026.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (filed within the typical two-business-day window).
• Shares transferred: three gifts of 1,938 shares each = 5,814 total; reported price $0.00 (gift).
• Security type: Class B common stock (convertible into Class A at holder’s option; see footnote F1).
• Footnotes of note:
  • F1: Class B shares are convertible into Class A shares and have no expiration.
  • F2–F5: Many shares are held in custodial accounts, trusts, or an LLC for which Ms. Haas is custodian/manager/trustee; Ms. Haas disclaims beneficial ownership for certain holdings per filing.
• Shares owned after the transactions were not specified in the excerpt provided.

Context

• Gifts are not purchases or sales and generally do not signal the giver’s market view; they are often for estate planning, family transfers, or charitable purposes. The report shows no cash consideration.
• As a reported 10% owner, Ms. Haas’ transfers are important for ownership records but differ from open-market purchases (which can be seen as a bullish signal) or sales (which can be liquidity or tax-driven).