Jedrzejek David 4
4 · LEVI STRAUSS & CO · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
LEVI SVP David Jedrzejek Receives Award, Sells Shares
What Happened
- David Jedrzejek, SVP and General Counsel of Levi Strauss & Co. (LEVI), had performance-based restricted stock units (PRSUs) vest on January 22, 2026. The vesting issued 10,440 shares (from a Jan 27, 2023 grant) and 12,200 shares (from a June 1, 2023 grant), a total of 22,640 shares.
- To cover tax withholding on settlement, 3,978 shares and 4,476 shares were withheld (disposed) at a reported price of $21.55 per share, generating reported withholding values of $85,726 and $96,458 respectively (total withheld ≈ $182,184). Net shares delivered after withholding: 22,640 − 8,454 = 14,186 shares. The market value of the vested shares at $21.55 was about $487,892.
Key Details
- Transaction date: January 22, 2026 (vesting and withholding).
- Prices reported for withheld shares: $21.55 per share; withheld shares: 3,978 and 4,476 (total 8,454); total withholding value ≈ $182,184.
- Shares issued on vesting: 10,440 (grant dated Jan 27, 2023) and 12,200 (grant dated June 1, 2023); total vested = 22,640 PRSUs.
- Net shares retained after withholding: 14,186.
- Footnotes: PRSUs are performance-based, vest after a three-year period upon Board certification of performance criteria (criteria were met on Jan 22, 2026). F4 notes 924 shares were acquired Jan 15, 2026 via the company ESPP (included in reported holdings).
- Filing timeliness: Form 4 filed Jan 26, 2026 for a Jan 22, 2026 transaction — filed within the standard two business-day window (timely).
Context
- These transactions reflect issuance of vested performance awards and routine tax-withholding (coded F on Form 4). This is not an open-market purchase or a voluntary sale for investment reasons; the withheld-share disposals are a standard method to satisfy tax obligations on restricted stock settlement.
- For retail investors: awards and tax withholding are common executive compensation events and do not alone indicate a buy/sell signal.
Insider Transaction Report
Form 4
Jedrzejek David
SVP and General Counsel
Transactions
- Award
Class A Common Stock
[F1]2026-01-22+10,440→ 100,616 total - Tax Payment
Class A Common Stock
[F2]2026-01-22$21.55/sh−3,978$85,726→ 96,638 total - Award
Class A Common Stock
[F3]2026-01-22+12,200→ 108,838 total - Tax Payment
Class A Common Stock
[F2][F4]2026-01-22$21.55/sh−4,476$96,458→ 105,286 total
Footnotes (4)
- [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 10,440 vested PRSUs.
- [F2]Shares withheld to cover tax obligation from settlement of vested PRSUs.
- [F3]On June 1, 2023, the reporting person was granted 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 12,200 vested PRSUs.
- [F4]Includes 924 shares acquired on January 15, 2026, pursuant to the Issuer's employee stock purchase plan.
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact|2026-01-26