Haas Jennifer C. 4

What Happened
Jennifer C. Haas, reported as a 10% owner of Levi Strauss & Co. (LEVI), acquired 791,370 shares on Feb 20, 2026. The filing reports this as an "other acquisition or disposition (J)" of derivative securities — 791,370 Class B Common Stock acquired at $0.00 (no cash paid). The shares were received as part of trust distributions; they are Class B shares (convertible to Class A at holder’s option).

Key Details

• Transaction date: 2026-02-20; Filing date: 2026-02-24 (filed within the SEC’s 2-business-day window).
• Security and amount: 791,370 shares of Class B Common Stock acquired, reported at $0.00 per share.
• Shares owned after transaction: Not specified in the filing.
• Transaction code: J (other acquisition/disposition); treated as a derivative acquisition in the Form 4.
• Notable footnotes:
  • F1: Class B shares are convertible into Class A shares.
  • F2–F7: Shares were received or are held in various trusts and entities for which Ms. Haas is trustee/manager; in many cases she disclaims beneficial ownership of those holdings.
• Insider status: Ms. Haas is a 10% owner — this is insider reporting for a large shareholder/trustee, not necessarily management trading.

Context
This was a trust distribution/transfer rather than an open-market purchase or a sale. Such trust-related transfers or distributions are administrative and do not necessarily indicate a change in the insider’s market view. For retail investors, purchases funded with cash are typically more informative; distributions/transfers commonly reflect estate/trust planning or internal reallocation.