4//SEC Filing
Flore Gianluca 4
Accession 0001999371-26-002503
CIK 0000094845other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 6:31 PM ET
Size
9.3 KB
Accession
0001999371-26-002503
Research Summary
AI-generated summary of this filing
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
Flore Gianluca
EVP & Chief Commercial Officer
Transactions
- Award
Class A Common Stock
[F1]2026-01-30+37,611→ 189,920 total - Tax Payment
Class A Common Stock
[F2][F3]2026-01-30$19.88/sh−6,451$128,246→ 183,641 total - Award
Stock Appreciation Rights
[F4]2026-01-30+112,833→ 112,833 totalExercise: $19.88Exp: 2036-01-29→ Class 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
Issuer
LEVI STRAUSS & CO
CIK 0000094845
Entity typeother
Related Parties
1- filerCIK 0002029602
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 6:31 PM ET
- Size
- 9.3 KB