SEC Filing Analysis: LEVI STRAUSS & CO (LEVI)

Executive Summary

• Trading Significance: Low
• Key Takeaway: A director acquired a nominal amount of stock through two separate routine, non-open market transactions: a dividend reinvestment (DRIP) and a grant of dividend equivalent rights (DERs).
• Market Impact: Negligible. The transactions are too small to have any market impact.

Company Information

Field	Value
Company	LEVI STRAUSS & CO
Ticker Symbol	LEVI
CIK	0000094845
Industry	Apparel & Other Finished Prods Of Fabrics & Similar Material

Insider Information

Field	Value
Name	Rodgers Elliott
CIK	0001835006
Title/Position	Director
Relationship	Director

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-11-04
Transaction Code	Multiple (L, A)
Security Type	Class A Common Stock
Shares Involved	358
Price Per Share	n/a (mixed pricing)
Total Value	$4,724.30
Shares Owned After	50,916
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$4,724.30
% of Market Cap	0.000062%
Shares Transacted	358
% of Shares Outstanding	0.00033%
Post-Transaction Ownership	50,916 shares (0.048% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: The transaction value of ~$4.7k is insignificant against Levi's $7.61 billion market capitalization.
• Ownership Concentration: The director's ownership stake remains very small at approximately 0.048% of total shares outstanding.
• Transaction Significance: The transaction is immaterial, representing a tiny fraction of both market cap and shares outstanding. These are passive acquisitions, not discretionary open-market trades, indicating no new insider sentiment.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: The transactions are routine, non-discretionary, and financially insignificant.

Volume & Sentiment

• Expected Volume Impact: None. These are not open-market transactions and are too small to influence trading volume.
• Sentiment Indicator: Neutral. Dividend reinvestments and DER grants are standard and do not signal any change in insider outlook.

Additional Context

Transaction Notes

• Special Circumstances: The filing reports two separate acquisitions:
  1. 238 shares acquired at $19.85/share on Nov 3 via a dividend reinvestment program (DRIP), per footnote F1.
  2. 120 shares acquired at $0.00/share on Nov 4 as dividend equivalent rights (DERs) related to underlying stock awards, per footnote F2.
• Both transactions are considered passive and are not indicative of active investment decisions by the insider.