4//SEC Filing
Singh Harmit J 4
Accession 0001999371-26-001684
CIK 0000094845other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 5:05 PM ET
Size
6.8 KB
Accession
0001999371-26-001684
Research Summary
AI-generated summary of this filing
Levi Strauss EVP Harmit Singh Receives 213,706-Share Award
What Happened
Harmit J. Singh, EVP & Chief Financial & Growth Officer of Levi Strauss & Co. (LLEVI), received 213,706 shares upon settlement of performance-based restricted stock units (PRSUs) that vested on January 22, 2026. To cover tax withholding, 107,946 of those shares were surrendered/withheld at $21.55 per share, resulting in proceeds/coverage of $2,326,236 (reported as a disposition for tax purposes). The award itself was issued at $0 (no cash purchase).
Key Details
- Transaction dates: PRSUs vested and shares issued on 2026-01-22; Form 4 filed 2026-01-26.
- Grant/award: 213,706 shares issued (code A) at $0.00.
- Tax withholding (sell-to-cover): 107,946 shares disposed (code F) at $21.55/share for $2,326,236.
- Footnote: PRSUs were granted on Jan 27, 2023 and vested after the Board certified achievement of performance criteria on Jan 22, 2026. Shares were withheld to satisfy tax liabilities upon settlement.
- Shares owned after the transaction: Not specified in the filing.
Context
- This was a performance-based equity settlement (award), not an open-market purchase or voluntary sale; the withholding is a routine tax-related disposition (commonly called "sell-to-cover").
- No implication of trading intent should be inferred from the tax withholding; the primary event is vesting/settlement of previously granted PRSUs.
Insider Transaction Report
Form 4
LEVI STRAUSS & COLLEVI
Singh Harmit J
EVP & Chief Fin. & Growth Ofc.
Transactions
- Award
Class A Common Stock
[F1]2026-01-22+213,706→ 542,053 total - Tax Payment
Class A Common Stock
[F2]2026-01-22$21.55/sh−107,946$2,326,236→ 434,107 total
Footnotes (2)
- [F1]On January 27, 2023, the reporting person was granted performance-based restricted stock units (PRSUs). Each PRSU represents a contingent right to receive shares of the Issuer's Class A common stock upon settlement and has no expiration date. The PRSUs vest at the end of a three-year period following the grant on the date that the Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria were met on January 22, 2026, resulting in the issuance of 213,706 vested PRSUs.
- [F2]Shares withheld to cover tax obligation from settlement of vested PRSUs.
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact|2026-01-26
Documents
Issuer
LEVI STRAUSS & CO
CIK 0000094845
Entity typeother
Related Parties
1- filerCIK 0001472176
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 5:05 PM ET
- Size
- 6.8 KB