Levi Strauss Insider Eisenhardt Holds 10.0% of Class A Shares
Ticker: LEVI · Form: SC 13G/A · Filed: Jan 19, 2024 · CIK: 94845
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, equity
TL;DR
**Insider Emil Jesse Eisenhardt now owns 5,534,230 shares, or 10.0%, of Levi Strauss Class A stock.**
AI Summary
Emil Jesse Eisenhardt, a significant insider at Levi Strauss & Co., filed an amended SC 13G/A on January 19, 2024, reporting beneficial ownership of 5,534,230 shares of Class A Common Stock as of December 31, 2023. This filing indicates a change in his reported holdings, which now represent 10.0% of the Class A shares. This matters to investors because it provides transparency into a major insider's stake, potentially signaling confidence or a shift in their long-term view of the company's prospects.
Why It Matters
This filing updates the public on a key insider's ownership stake, which can influence investor sentiment and provide insight into the company's stability and future direction.
Risk Assessment
Risk Level: low — This filing is an update on an existing insider's ownership and does not indicate any immediate negative or positive financial risk.
Analyst Insight
Investors should note this insider's substantial and stable ownership, which could be interpreted as a sign of long-term commitment, but it doesn't necessitate immediate action.
Key Numbers
- 5,534,230 — Shares Beneficially Owned (Represents Emil Jesse Eisenhardt's total ownership of Levi Strauss Class A Common Stock.)
- 10.0% — Percent of Class (Indicates the significant portion of Levi Strauss Class A Common Stock owned by Emil Jesse Eisenhardt.)
Key Players & Entities
- Emil Jesse Eisenhardt (person) — Reporting Person, insider at Levi Strauss & Co.
- Levi Strauss & Co. (company) — Issuer of the Class A Common Stock
- 5,534,230 (dollar_amount) — Number of shares beneficially owned by Emil Jesse Eisenhardt
- 10.0% (dollar_amount) — Percentage of Class A Common Stock beneficially owned by Emil Jesse Eisenhardt
- December 31, 2023 (date) — Date of event requiring the filing
Forward-Looking Statements
- Emil Jesse Eisenhardt will maintain a significant ownership stake in Levi Strauss & Co. for the foreseeable future. (Emil Jesse Eisenhardt) — medium confidence, target: December 31, 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is Emil Jesse Eisenhardt, as stated in Item 1 of the Schedule 13G.
What is the name of the issuer whose securities are being reported?
The issuer is Levi Strauss & Co., as identified on the cover page of the Schedule 13G.
What type of securities are covered by this filing and what is their CUSIP number?
The filing covers Class A Common Stock with CUSIP Number 52736R102, as detailed on the cover page.
As of what date did the event occur that required this filing?
The date of the event which requires the filing of this statement was December 31, 2023, according to the cover page.
How many shares of Class A Common Stock does Emil Jesse Eisenhardt beneficially own, and what percentage of the class does this represent?
Emil Jesse Eisenhardt beneficially owns 5,534,230 shares, representing 10.0% of the Class A Common Stock, as reported in Rows 9 and 13 of the Schedule 13G.
Filing Stats: 1,106 words · 4 min read · ~4 pages · Grade level 8.2 · Accepted 2024-01-19 09:45:40
Filing Documents
- formsc13ga.htm (SC 13G/A) — 76KB
- 0001493152-24-002995.txt ( ) — 77KB
(a) above)
Item 4(a) above) (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 5,534,230 (See Item 4(a) above) (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of 5 Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following . Item 6. Ownership of More than 5 Percent on Behalf of Another Person Not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Not applicable Item 8. Identification and Classification of Members of the Group Not applicable Item 9. Notice of Dissolution of a Group Not applicable Item 10. Certification Not applicable CUSIP No. 52736R102 Schedule 13G Page 5 of 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 19, 2024 /s/Parker B. Phillips Parker B. Phillips, as attorney-in-fact for Emil Jesse Eisenhardt