Haas Margaret E. 4

4 · LEVI STRAUSS & CO · Filed May 13, 2026

AI-generated summary of this filing

Updated May 13, 2026

Levi Strauss (LEVI) 10% Owner Margaret Haas Sells Shares

What Happened

Margaret E. Haas, a reported 10% owner of Levi Strauss & Co. (LEVI), reported multiple derivative transactions on May 11, 2026. She sold 24,277 shares in an open-market sale at $22.20 per share for about $538,949. In addition, two offsetting "other acquisition/disposition" (code J) entries show 199,042 shares disposed and 199,042 shares acquired at $22.20 each, each valued at $4,418,732 — these appear to reflect transfers/conversions among trust accounts rather than a market buy/sell.

Key Details

Transaction date: May 11, 2026; Form 4 filed May 13, 2026 (timely filing within the usual two-business-day window).
Prices and values: open-market sale 24,277 shares @ $22.20 = $538,949; transfer/conversion 199,042 shares @ $22.20 = $4,418,732 (reported as both disposed and acquired).
Transaction codes: (S) = open-market sale; (J) = other acquisition/disposition (used here for trust transfers/conversions).
Shares owned after transaction: not specified in the data provided in your prompt.
Notable footnotes: F1 notes Class B shares are convertible into Class A shares with no expiration; F2–F4 describe transfers from trusts of which Ms. Haas is trustee/beneficiary to trusts for others; F3, F5, F6 state many shares are held by trusts or charitable entities for which she disclaims beneficial ownership.

Context

The (J) derivative entries likely reflect internal transfers or conversions (e.g., movements between trust accounts or conversion of Class B to Class A stock) rather than a directional market bet. Such trust transfers and charitable holdings often do not indicate management sentiment about the stock’s near-term performance.
The only clear market sale was the 24,277-share open-market sale (~$539k). As a 10% owner and trustee for various entities, some reported holdings are in trusts/charitable funds where Ms. Haas disclaims beneficial ownership.

Form 4

Period: 2026-05-11

10% Owner

Transactions

Other
Class B Common Stock
[F1][F2]
2026-05-11$22.20/sh−199,042$4,418,732→ 13,035,688 total
→ Class A Common Stock (199,042 underlying)
Other
Class B Common Stock
[F1][F2][F3]
2026-05-11$22.20/sh+199,042$4,418,732→ 21,622,027 total(indirect: See Footnote)
→ Class A Common Stock (199,042 underlying)
Sale
Class B Common Stock
[F1][F4]
2026-05-11$22.20/sh−24,277$538,949→ 13,035,688 total
→ Class A Common Stock (24,277 underlying)

Holdings

Class B Common Stock
[F1][F5]
(indirect: See Footnote)
→ Class A Common Stock
7,024,430
Class B Common Stock
[F1][F6]
(indirect: See Footnote)
→ Class A Common Stock
844,680

Footnotes (6)

[F1]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
[F2]This transfer is from a trust of which Ms. Haas is trustee and beneficiary to trusts of which she is trustee for the benefit of others. The transfer was effected at the value of the Class B Common Stock as of the date of the transfer.
[F3]The shares are held by trusts and a limited liability company of which Ms. Haas is trustee and manager, respectively, for the benefit of others. Ms. Haas disclaims beneficial ownership of these shares.
[F4]This transfer is a private sale from a trust of which Ms. Haas is trustee and beneficiary to a trust for the benefit of others, which was effected at the value of the Class B Common Stock on the date of the transfer.
[F5]The shares are held by the Margaret E. Haas Fund, of which Ms. Haas is board chair, for the benefit of various charitable entities. Ms. Haas disclaims beneficial ownership of these shares.
[F6]The shares are held by the Lynx Foundation, of which Ms. Haas is board chair, for the benefit of charitable entities. Ms. Haas disclaims beneficial ownership of these shares.

Signature

/s/ Christina M. Hamilton as Attorney-in-fact for Margaret E. Haas|2026-05-13

2 files