Robert D. Haas, the former CEO and chairman of Levi Strauss & Co., has been a consistent seller of LEVI stock over the past several months, with no corresponding open-market purchases during the same period. Across 47 total Form 4 filings, all involving the single ticker LEVI, Haas has disposed of shares worth approximately $27.9 million while recording zero acquisition value. The recent activity, spanning late May through mid-June 2026, shows eight open-market sales (code S) totaling roughly $23.7 million, including a single-day sale of $11.78 million on June 11 and another of $4.86 million on June 12. Smaller transactions, such as a $76,368 sale on June 10 and a $139,994 sale on May 27, punctuate the larger dispositions, while a $4.37 million sale on May 26 and a $3.89 million sale on May 22 round out the pattern.
The filings also reveal a recurring structure of derivative conversions (code C) paired with each sale, indicating that Haas is exercising or converting holdings into common stock and immediately selling the resulting shares. These conversions carry no dollar value in the filings, suggesting they are mechanical steps in the disposition process rather than independent investment decisions. Additionally, several transactions with code J (a value of $0) appear on June 4, and a gift (code G) was recorded on February 3, neither of which involve cash proceeds. The absence of any open-market purchases (code P) or acquisitions (code A) in the recent window underscores a clear directional bias toward reducing his position in the denim maker, a trend consistent with his broader selling activity over the filing period.
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