Haas Robert D. 4

What Happened
Robert D. Haas, listed as a 10% owner of Levi Strauss & Co. (LEVI), recorded multiple zero-price "other acquisition or disposition (J)" transactions on 2026-06-04 involving blocks of Class B common stock. The filing shows transfers of 361,468; 591,753; and 419,815 shares (each entry at $0.00) with matching acquisitions and dispositions so the transactions net to no cash proceeds and no net change in economic ownership on the Form 4. The transactions are reported as derivative transactions; footnotes state these were transfers to and from grantor retained annuity trusts (GRATs) and between Mr. Haas and his spouse.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely — second business day rule satisfied).
• Reported share blocks: 361,468; 591,753; 419,815 — all at $0.00. Several entries show matched acquisitions and dispositions (net effect zero).
• Reported as derivative shares; footnote F5: each Class B share is convertible into one share of Class A common stock at holder’s option, no expiration.
• Footnotes F1–F4 explain transfers involved grantor retained annuity trusts (GRATs) and the reporting person’s spouse. F6 notes the reporting person disclaims beneficial ownership of certain shares.
• Footnote F7: the filing includes 24,404,945 shares as to which Mr. Haas disclaims beneficial ownership.

Context
These zero-price, intra-family and trust transfers are typically estate-planning or trust reallocation transactions and do not indicate an open-market buy or sell signal. Because Mr. Haas is a 10% owner and many shares are held via trusts (and disclaimed per the filing), these entries reflect internal ownership reallocations rather than trading for investment intent.