LEVI STRAUSS & CO·4

Jan 29, 4:29 PM ET

Singh Harmit J 4

Research Summary

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LEVI EVP Harmit J. Singh Withholds 75,394 Shares for Taxes

What Happened Harmit J. Singh, EVP & Chief Financial & Growth Officer of Levi Strauss & Co. (LEVI), had 75,394 shares withheld (disposed) to satisfy tax obligations from the settlement of vested restricted stock units (RSUs). The shares were recorded at $21.25 per share, totaling $1,602,123. This was a tax-withholding event tied to RSU vesting rather than an open-market sale or a discretionary cash sale.

Key Details

  • Transaction date: 2026-01-27
  • Price: $21.25 per share
  • Shares affected: 75,394
  • Transaction value: $1,602,123 (total)
  • Transaction code: F (payment of exercise price or tax liability); footnote F1: "Shares withheld to cover tax obligation from settlement of vested RSUs."
  • Filing: Report filed 2026-01-29 for period 2026-01-27 — appears timely (Form 4 is generally due within 2 business days).
  • Shares owned after transaction: not specified in the provided filing excerpt.

Context Tax-withholding transactions (code F) are routine when RSUs vest; companies often retain or withhold shares to cover withholding taxes rather than managers selling additional shares on the open market. Such withholdings are administrative and do not necessarily indicate the insider's view on the company's stock.