Gowans Jason 4
4 · LEVI STRAUSS & CO · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Levi Strauss EVP Jason Gowans Sells 40,000 Shares
What Happened
Jason Gowans, EVP and Chief Digital & Technology Officer of Levi Strauss & Co. (LEVI), disposed of shares in two related transactions: 1,358 shares were withheld to cover taxes on vested RSUs (value ~$27,907) and he sold 40,000 shares in the open market for approximately $873,324 (weighted average price reported). These were sales/withholdings (routine liquidity and tax withholding), not purchases.
Key Details
- Transactions reported: Feb 6, 2026 and Feb 12, 2026; Form 4 filed Feb 13, 2026 (timely filing).
- Tax withholding: 1,358 shares withheld at $20.55 each for tax obligations on vested RSUs; total ~$27,907. (Transaction code F: tax withholding.)
- Open-market sale: 40,000 shares sold at a weighted average price of $21.83; total proceeds reported ~$873,324. The filing notes the sale occurred in multiple transactions at prices ranging $21.83 to $21.861 (footnote discloses willingness to provide per-trade prices on request). (Transaction code S: sale.)
- Shares owned after the transactions: Not specified in the provided excerpt of the filing.
- Footnotes: F1 indicates shares were withheld to cover taxes on vested RSUs; F2 notes the weighted-average sale price and a per-price disclosure offer.
- Filing timeliness: Filed Feb 13, 2026 for transactions through Feb 12 — within the usual two-business-day Form 4 window.
Context
- The F-code withholding reflects settlement of vested restricted stock units and tax withholding — a common, administrative transaction. The S-code sale was an open-market disposition rather than a grant or option exercise.
- These are insider sales (routine liquidity/tax events) and should not be interpreted as definitive signals of company outlook.
Insider Transaction Report
Form 4
Gowans Jason
EVP and CDTO
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-02-06$20.55/sh−1,358$27,907→ 132,199 total - Sale
Class A Common Stock
[F2]2026-02-12$21.83/sh−40,000$873,324→ 92,199 total
Footnotes (2)
- [F1]Shares withheld to cover tax obligation from settlement of vested RSUs.
- [F2]Weighted average price. These shares were sold in multiple transactions at prices ranging from $21.83 to $21.861 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact|2026-02-13