Levi Strauss & Co. Files 8-K on Officer Changes and Financials

TL;DR

Levi's 8-K drops: Officer changes, director elections, and financials filed Aug 11 for Aug 7 events.

AI Summary

Levi Strauss & Co. filed an 8-K on August 11, 2025, reporting on events that occurred on August 7, 2025. The filing pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.

Why It Matters

This filing indicates potential shifts in leadership or compensation structures within Levi Strauss & Co., which could impact the company's strategic direction and investor confidence.

Risk Assessment

Risk Level: medium — Changes in officers or directors, especially when accompanied by compensatory arrangements, can signal internal shifts that may affect future performance.

Key Players & Entities

• LEVI STRAUSS & CO. (company) — Registrant
• August 7, 2025 (date) — Earliest event reported
• August 11, 2025 (date) — Date of report
• Delaware (jurisdiction) — State of incorporation
• 1155 Battery Street San Francisco , California 94111 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.001 — hich registered Class A Common Stock, $0.001 par value per share LEVI New York Sto
• $450,000 — otice. He will receive a base salary of $450,000 per year, participate in the Company's
• $500,000 — grants will have an aggregate value of $500,000 and consist of (a) restricted stock uni
• $250,000 — ur-year ratable vesting with a value of $250,000 and (b) performance-based RSUs subject
• $185,000 — eceive a one-time signing cash bonus of $185,000 that pays $100,000 within the first 30
• $100,000 — igning cash bonus of $185,000 that pays $100,000 within the first 30 days of the Effecti
• $85,000 — first 30 days of the Effective Date and $85,000 paid within 30 days of the one-year ann
• $115,000 — -time sign-on RSU grant with a value of $115,000 that vests in two equal installments at

Filing Documents

• lsco-8k_080725.htm (8-K) — 28KB
• ex10-1.htm (EX-10.1) — 32KB
• ex101001.jpg (GRAPHIC) — 6KB
• 0001999371-25-011044.txt ( ) — 243KB
• levi-20250807.xsd (EX-101.SCH) — 3KB
• levi-20250807_lab.xml (EX-101.LAB) — 34KB
• levi-20250807_pre.xml (EX-101.PRE) — 22KB
• lsco-8k_080725_htm.xml (XML) — 4KB

02

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 7, 2025, Levi Strauss & Co. (the "Company") announced the appointment of Timothy Joseph "Joe" Davis as the Company's Senior Vice President, Global Controller, effective August 11, 2025 (the "Effective Date"). Mr. Davis, 56, most recently served as the Vice President and Chief Accounting Officer of Crocs, Inc., a multi-brand global footwear retailer and manufacturer, beginning in 2019. Before joining Crocs, Inc., Mr. Davis served as Vice President, Controller at Agero, Inc., a privately-held technology provider, from 2017 to 2019. Mr. Davis also previously served as Director, Technical Accounting at Thermo Fisher Scientific Inc. Mr. Davis holds a Bachelor of Science in Accounting from the University of Akron and is a Certified Public Accountant. Mr. Davis's employment is expected to commence on the Effective Date and may be terminated at-will by either party, with or without notice. He will receive a base salary of $450,000 per year, participate in the Company's Annual Incentive Plan with an initial target bonus of 50% of his base salary, and will be eligible to participate in the benefit and perquisite programs (including relocation policy) available to Company executives. He will be eligible to receive equity grants in 2025, which grants will have an aggregate value of $500,000 and consist of (a) restricted stock units ("RSUs") subject to four-year ratable vesting with a value of $250,000 and (b) performance-based RSUs subject to successful achievement of Company three-year overlapping performance goals following approval by the Board of Directors of the Company of results against the goals with a value of $250,000. Mr. Davis will also receive a one-time signing cash bonus of $185,000 that pays $100,000 within the first 30 days of the Effective Date and $85,000 paid within 30 days of the one-yea

01

Item 9.01 Financial Statement and Exhibits. (d) Exhibits 10.1 Employment Offer Letter between Levi Strauss & Co. and Timothy Joseph Davis. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

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: August 11, 2025 By: /s/ David Jedrzejek Name: David Jedrzejek Title: Senior Vice President and General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR