Flore Gianluca 4

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.