LEVI STRAUSS 8-K: Officer/Director Changes & Comp Arrangements
Ticker: LEVI · Form: 8-K · Filed: Jan 9, 2024 · CIK: 94845
Complexity: simple
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**Levi Strauss filed an 8-K about executive changes and pay, watch for details.**
AI Summary
Levi Strauss & Co. filed an 8-K on January 9, 2024, to report an event related to the departure or election of directors or officers, and compensatory arrangements for certain officers. This filing indicates potential changes in leadership or executive compensation, which could impact the company's strategic direction and financial performance. For investors, understanding these changes is crucial as they can signal shifts in corporate governance or future operational strategies, directly affecting the stock's long-term value.
Why It Matters
Changes in leadership or executive compensation can signal shifts in company strategy or financial health, directly influencing investor confidence and stock performance.
Risk Assessment
Risk Level: medium — While the filing itself is routine, the underlying events it reports (executive changes, compensation) can carry significant implications for the company's future direction and stability.
Analyst Insight
Investors should monitor subsequent filings or company announcements for specific details regarding the executive changes or compensation arrangements mentioned in this 8-K, as these specifics will determine the actual impact on the company.
Key Players & Entities
- LEVI STRAUSS & CO. (company) — the registrant filing the 8-K
- January 9, 2024 (date) — date of earliest event reported
- Delaware (company) — state of incorporation for Levi Strauss & Co.
- 001-06631 (company) — Commission File Number for Levi Strauss & Co.
- 94-0905160 (company) — I.R.S. Employer Identification No. for Levi Strauss & Co.
- 1155 Battery Street San Francisco, California 94111 (company) — address of principal executive offices for Levi Strauss & Co.
- 415-501-6000 (company) — telephone number for Levi Strauss & Co.
- LEVI (company) — trading symbol for Levi Strauss & Co. Class A Common Stock
- New York Stock Exchange (company) — exchange where Levi Strauss & Co. Class A Common Stock is registered
FAQ
What is the purpose of this 8-K filing by Levi Strauss & Co.?
The 8-K filing by Levi Strauss & Co. on January 9, 2024, is categorized under 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers', indicating it reports changes in leadership or executive compensation.
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is January 9, 2024.
What is the trading symbol and exchange for Levi Strauss & Co.'s Class A Common Stock?
Levi Strauss & Co.'s Class A Common Stock has the trading symbol 'LEVI' and is registered on the New York Stock Exchange.
What is the business address of Levi Strauss & Co. as stated in the filing?
The business address of Levi Strauss & Co. is 1155 Battery Street, San Francisco, California 94111.
Is Levi Strauss & Co. considered an emerging growth company according to this filing?
The filing includes a checkbox for 'emerging growth company' but does not indicate whether Levi Strauss & Co. checks this box, thus it does not explicitly state if they are considered an emerging growth company.
Filing Stats: 792 words · 3 min read · ~3 pages · Grade level 12.1 · Accepted 2024-01-09 16:10:32
Key Financial Figures
- $0.001 — which registered Class A Common Stock, $0.001 par value per share LEVI New York Stock
- $155,000 — ve Plan with a grant date fair value of $155,000. The RSUs vest in full on the earlier o
Filing Documents
- levi-20240109.htm (8-K) — 31KB
- 0000094845-24-000002.txt ( ) — 154KB
- levi-20240109.xsd (EX-101.SCH) — 2KB
- levi-20240109_lab.xml (EX-101.LAB) — 23KB
- levi-20240109_pre.xml (EX-101.PRE) — 12KB
- levi-20240109_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LEVI STRAUSS & CO. DATE: January 9, 2024 By: /s/ NANCI PRADO Name: Nanci Prado Title: Deputy General Counsel