Hillman Karyn 4
Research Summary
AI-generated summary
Levi Strauss (LEVI) EVP Karyn Hillman Sells 38,938 Shares
What Happened
Karyn Hillman, EVP and Chief Product Officer of Levi Strauss & Co. (LEVI), sold 38,938 shares in an open-market transaction on May 6, 2026. The reported weighted-average price was $22.91 per share (range $22.90–$22.96), for total proceeds of approximately $892,112. This was a sale (not a purchase), which is typically routine insider selling rather than a bullish signal.
Key Details
- Transaction date: May 6, 2026 (reported on Form 4 filed May 8, 2026)
- Transaction type/code: Open-market sale (S)
- Shares sold: 38,938 at a weighted-average price of $22.91 (prices ranged $22.90–$22.96)
- Total reported proceeds: ~$892,112
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnote: The filing states the weighted-average price covers multiple trades and the reporter will provide per-share prices upon request (footnote F1)
- Filing timeliness: Filed two days after the trade (appears timely under the SEC’s 2-business-day Form 4 rule)
Context
This transaction is a straightforward open-market sale. The filing does not indicate a 10b5-1 plan, option exercise, gift, or tax-withholding event. Sales by executives can be routine (diversification, liquidity, tax purposes) and do not by themselves indicate company performance or insider sentiment.