Levi Strauss (LEVI) EVP Flore Gianluca Withholds 27,429 Shares

What Happened

• Flore Gianluca, EVP & Chief Commercial Officer of Levi Strauss & Co., had 27,429 shares withheld to cover tax obligations that arose when vested restricted stock units (RSUs) settled. The withholding was reported at a price of $24.67 per share for a total value of $676,673 on July 29, 2026. This is a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: July 29, 2026 — 27,429 shares at $24.67 per share (total $676,673).
• Transaction code: F — shares withheld to satisfy tax withholding on RSU settlement.
• Shares owned after the transaction: Not specified in this filing.
• Footnotes: F1 confirms shares were withheld to cover tax obligations from RSU settlement. F2 notes the filing includes 662 shares acquired on April 15, 2026 and 313 shares acquired on July 15, 2026 under the company’s employee stock purchase plan (ESPP).
• Filing timeliness: Reported on July 31, 2026 — within the standard 2-business-day Form 4 reporting window (timely).

Context

• This was a routine tax-withholding action when RSUs vested, not a market sale intended to raise cash or signal a view on the stock. Such withholdings are common and do not necessarily indicate insider sentiment. The filing also references recent small ESPP purchases, which are separate purchase events.