Jennifer C. Haas reports 21.79M shares in Levi Strauss (LEVI)
Rhea-AI Filing Summary
Levi Strauss & Co disclosure amends beneficial ownership reporting by Jennifer C. Haas, who now beneficially owns 21,790,539 shares of Class A Common Stock, representing 18.2% of the class. The percentage is calculated using 98,176,901 shares outstanding as of March 31, 2026.
The filing states these holdings "represent shares of the Issuer's Class B Common Stock, each share of which is convertible into one share of Class A Common Stock," and includes direct and indirect holdings through trusts where she is trustee, a custodial account for which she has sole voting and investment power, and an LLC where she is manager. The filing is signed by an attorney-in-fact on behalf of Ms. Haas.
Positive
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Insights
Major passive ownership disclosure showing substantial voting power via convertible Class B shares.
The filing reports 21,790,539 shares beneficially owned, equal to 18.2% of Class A on a March 31, 2026 basis. It clarifies that many shares "represent" convertible Class B shares rather than newly acquired Class A shares.
Because ownership is held directly and indirectly through trusts, a custodial account, and an LLC, governance influence is concentrated. Subsequent filings or proxy disclosures will show whether voting arrangements or control remain unchanged.
Amendment updates beneficial-ownership details and disclosure of voting/dispositive power.
The form lists sole voting and dispositive power over 21,790,539 shares and cites the calculation base of 98,176,901 shares outstanding as of March 31, 2026. The filing is executed by an attorney-in-fact on May 15, 2026.
Filings that rely on convertible Class B shares should be read literally: the phrase "represents shares" ties the reported position to convertibility, not a statement of a current conversion action.