Singh Harmit J, the EVP and Chief Financial and Growth Officer at Levi Strauss & Co. (LEVI), has been a consistent seller of company stock over the past year, with Form 4 filings showing no open-market purchases across any of the three companies in his portfolio. His total sell value across 41 transactions reached approximately $21.7 million, driven entirely by LEVI sales. The most recent cluster of activity on July 23, 2026, involved a mix of option exercises (code M) and tax-withholding dispositions (code F), culminating in a single open-market sale of $2.38 million. That sale followed earlier LEVI dispositions on April 21 and April 20, 2026, worth $2.86 million and $2.53 million, respectively, reinforcing a pattern of periodic monetization rather than concentrated dumping.
The transaction mix reveals a mechanical cadence tied to equity compensation. The July 23 filing included six option exercises valued between roughly $600,000 and $1.55 million, alongside three tax-withholding events totaling about $9.17 million. These are standard post-vesting procedures, not discretionary trades. Notably, Singh received zero-value grants (code A) in LEVI and Planet Fitness (PLNT) throughout 2026, including PLNT awards on July 1, May 5, April 1, and March 16, but he has not sold any PLNT shares in the recent window. His only open-market sales—all in LEVI—totaled $7.77 million across three transactions, with no corresponding buys, indicating a clear sell-side bias in his discretionary activity.
The absence of any purchase transactions (code P) across all filings is striking for an executive with a growth-focused title. Singh’s LEVI sales cluster around vesting dates, and the July 23 event alone involved over $13 million in combined option exercises, tax withholdings, and the open-market sale. While the tax-withholding amounts are automatic, the three open-market sales represent deliberate decisions to reduce exposure. With no buys to offset the outflow, the data suggests Singh has been steadily trimming his LEVI position while accumulating PLNT equity solely through compensation grants.
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