Robert D. Haas, a ten percent owner of Levi Strauss & Co. (LEVI), sold a total of 198,283 shares of Class A Common Stock across two transactions in late May, totaling approximately $4,505,436.
On May 26, 2026, Haas, acting as trustee, sold 192,451 shares at a weighted average price of $22.6834, with prices ranging from $22.39 to $22.85 per share, amounting to about $4,363,210.
The next day, an additional 5,832 shares were sold at a weighted average price of $24.0044, totaling roughly $140,006.
Prior to these sales, Haas converted an equal number of Class B shares into Class A shares on both dates, as Class B is convertible at the holder's option with no expiration.
Following the transactions, Haas no longer holds those specific Class A shares. Indirect Class B holdings as trustee stand at 25,735,728 shares, but beneficial ownership is disclaimed for 24,404,945 of them.
Levi Strauss has strong fundamentals with a gross profit margin of 62% and a P/E ratio of 17.5. Bond.az subscribers have access to over 10 exclusive tips for LEVI plus comprehensive Pro Research Reports.
In other news, Levi Strauss reported 9% revenue growth on a constant-currency basis, beating guidance. Analysts from Needham, UBS, TD Cowen, Stifel, and Jefferies have issued positive ratings.
