02/19/2026 | Press release | Distributed by Public on 02/19/2026 19:00
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FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Stock Appreciation Rights | (2) | 01/29/2029 | Class B Common Stock | 33,540 | $14.88 | D | |
| Stock Appreciation Rights | (2) | 01/27/2030 | Class A Common Stock | 23,757 | $20.25 | D | |
| Stock Appreciation Rights | (2) | 01/26/2031 | Class A Common Stock | 17,712 | $21.35 | D | |
| Stock Appreciation Rights | (2) | 01/24/2032 | Class A Common Stock | 29,446 | $21 | D | |
| Stock Appreciation Rights | (3) | 01/26/2033 | Class A Common Stock | 38,841 | $17.79 | D | |
| Stock Appreciation Rights | (4) | 01/28/2034 | Class A Common Stock | 41,984 | $16.58 | D | |
| Stock Appreciation Rights | (5) | 01/30/2035 | Class A Common Stock | 63,093 | $19.03 | D | |
| Stock Appreciation Rights | (6) | 01/29/2036 | Class A Common Stock | 77,574 | $19.88 | D | |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Hillman Karyn C/O LEVI STRAUSS & CO. 1155 BATTERY STREET SAN FRANCISCO, CA 94111 |
EVP and Chief Product Officer | |||
| /s/ Priscilla Duncan-Tannous, Attorney-in-Fact | 02/19/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Includes 91,522 shares that are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. |
| (2) | 100% of these stock appreciation rights are fully vested. |
| (3) | Vests in four equal installments of 25% on each of January 26, 2024, January 24, 2025, January 30, 2026, and January 29, 2027, subject to the Reporting Person's continuous service through each such vesting date. |
| (4) | Vests in four equal installments of 25% on each of January 24, 2025, January 30, 2026, January 29, 2027, and January 28, 2028, subject to the Reporting Person's continuous service through each such vesting date. |
| (5) | Vests in four equal installments of 25% on each of January 30, 2026, January 29, 2027, January 28, 2028, and January 26, 2029, subject to the Reporting Person's continuous service through each such vesting date. |
| (6) | Vests in four equal installments of 25% on each of January 29, 2027, January 28, 2028, January 26, 2029, and January 25, 2030, subject to the Reporting Person's continuous service through each such vesting date. |
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Remarks: Exhibit 24 - Power of Attorney |
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