LEVI STRAUSS & CO·4

Feb 3, 6:31 PM ET

Flore Gianluca 4

4 · LEVI STRAUSS & CO · Filed Feb 3, 2026

Research Summary

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Levi Strauss (LEVI) EVP Flore Gianluca Receives RSU Award; Shares Withheld

What Happened

  • Flore Gianluca, EVP & Chief Commercial Officer of Levi Strauss & Co. (LEVI), received a grant of RSU awards on Jan 30, 2026 totalling 150,444 RSUs (37,611 settled shares + 112,833 additional RSU award). As part of the settlement, 6,451 shares were withheld to cover tax obligations at a reported price of $19.88 per share (~$128,246).
  • The RSUs were reported as awards (transaction code A) and the withholding is reported as transaction code F (tax withholding).

Key Details

  • Transaction date: January 30, 2026.
  • Awards: 37,611 RSUs settled (acquired) and 112,833 RSUs granted (derivative award), total 150,444 RSUs; $0 per-share reported because these are restricted stock units (contingent rights to receive shares).
  • Tax withholding: 6,451 shares withheld at $19.88 each, proceeds ≈ $128,246.
  • Vesting: RSUs vest in four equal installments (25% each) on Jan 29, 2027; Jan 28, 2028; Jan 26, 2029; and Jan 25, 2030, subject to continuous service.
  • Additional note: Footnote indicates 172 shares were acquired Jan 15, 2026 via the company’s employee stock purchase plan (ESPP).
  • Filing: Report filed Feb 3, 2026 for Jan 30, 2026 transactions. No late‑filing flag was noted in the provided data.

Context

  • These were equity awards (RSUs), not open-market purchases or sales of previously owned shares. RSUs represent a contingent right to receive shares upon vesting/settlement; vesting is time‑based over four years.
  • The 6,451-share disposal reflects shares withheld to satisfy tax withholding obligations upon settlement (a routine administrative step), not a discretionary open-market sale.

Insider Transaction Report

Form 4
Period: 2026-01-30
Flore Gianluca
EVP & Chief Commercial Officer
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-01-30+37,611189,920 total
  • Tax Payment

    Class A Common Stock

    [F2][F3]
    2026-01-30$19.88/sh6,451$128,246183,641 total
  • Award

    Stock Appreciation Rights

    [F4]
    2026-01-30+112,833112,833 total
    Exercise: $19.88Exp: 2036-01-29Class A Common Stock (112,833 underlying)
Footnotes (4)
  • [F1]The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest in four equal installments of 25% on each of January 29, 2027, January 28, 2028, January 26, 2029, and January 25, 2030, subject to the Reporting Person's continuous service through each such vesting date.
  • [F2]Shares withheld to cover tax obligations from settlement of vested RSUs.
  • [F3]Includes 172 shares acquired on January 15, 2026 pursuant to the Issuer's employee stock purchase plan.
  • [F4]Vests in four equal installments of 25% on each of January 29, 2027, January 28, 2028, January 26, 2029, and January 25, 2030, subject to the Reporting Person's continuous service through each such vesting date.
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact|2026-02-03

Documents

1 file
  • 4
    flore-form4.xmlPrimary

    FORM 4 - FLORE