LEVI STRAUSS & CO·4

Feb 4, 4:31 PM ET

Prime Joshua E 4

Research Summary

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LEVI Director Joshua E. Prime Gifts Shares in Multiple Transfers

What Happened
Joshua E. Prime, a director of Levi Strauss & Co. (LEVI), reported multiple gift (code G) transactions dated February 3, 2026 involving Class B common stock. The filing shows gross acquisitions by gift of 1,938 + 1,938 + 5,814 = 9,690 shares, a gift disposition of 5,814 shares, and one zero-share entry. All transactions are recorded at $0.00 per share (gifts), yielding a net increase of 3,876 shares (9,690 acquired − 5,814 disposed). These are derivative-class transactions (Class B shares convertible into Class A).

Key Details

  • Transaction date: 2026-02-03; Transaction type: Gift (G); Price per share: $0.00.
  • Gross acquired by gift: 9,690 Class B shares (1,938; 1,938; 5,814). Gross disposed by gift: 5,814 Class B shares. Net change: +3,876 shares.
  • All entries listed as derivative securities (Class B Common Stock). Footnote F1: each Class B share is convertible to one Class A share at holder's option with no expiration.
  • Footnote F2: some shares are held by the Haas Prime Family 2012 Trust, for which Mr. Prime and his spouse are co-trustees; he disclaims beneficial ownership except to the extent of pecuniary interest. Footnote F3: Mr. Prime disclaims beneficial ownership of certain shares.
  • Filing shows $0 consideration because these were gifts. The filing does not state post-transaction total beneficial ownership in the provided excerpt.

Context

  • Gifts are transfers of ownership and are not purchases or sales for cash; they do not necessarily signal the insider’s view on the company’s prospects.
  • These transactions involved Class B shares (convertible to Class A), and the footnotes indicate trust-related holdings and disclaimers of beneficial ownership, suggesting intra-family or trust transfers rather than open-market trading.