Levi Strauss (LEVI) director granted 8,381 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Levi Strauss & Co. director Elliott Rodgers received an equity grant of 8,381 restricted stock units (RSUs) of Class A Common Stock. The award is a compensation-related grant at no cash cost per share. Each RSU converts into one share when it settles.
The RSUs will vest in full on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date. Following this award, Rodgers directly holds 59,619 shares of Levi Strauss & Co. Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rodgers Elliott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,381 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 59,619 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 8,381 RSUs
Grant price per share: $0.00 per share
Total shares after transaction: 59,619 shares
+1 more
4 metrics
RSUs granted
8,381 RSUs
Equity award of restricted stock units
Grant price per share
$0.00 per share
Compensation grant, not open-market purchase
Total shares after transaction
59,619 shares
Director’s direct holdings following RSU grant
Vesting condition
Earlier of pre-next annual meeting or 1-year
RSUs vest in full at earlier of these events
Key Terms
restricted stock units (RSUs), Class A Common Stock, vest in full, annual stockholder meeting
4 terms
restricted stock units (RSUs) financial
"Represents the acquisition of restricted stock units (RSUs). Each RSU represents a contingent right"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest in full financial
"The RSUs will vest in full the earlier of the day before the next annual stockholder meeting"
annual stockholder meeting financial
"The RSUs will vest in full the earlier of the day before the next annual stockholder meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
FAQ
What did Levi Strauss (LEVI) disclose in Elliott Rodgers' latest Form 4?
Levi Strauss reported that director Elliott Rodgers received a grant of 8,381 restricted stock units (RSUs) of Class A Common Stock. These are compensation-related awards, not open-market purchases, and increase his direct holdings to 59,619 shares after the transaction.
When do Elliott Rodgers' new Levi Strauss (LEVI) RSUs vest?
The RSUs granted to Elliott Rodgers vest in full on the earlier of the day before Levi Strauss’s next annual stockholder meeting or the first anniversary of the grant date. Only after vesting and settlement will each RSU deliver one share of Class A Common Stock.
What is Elliott Rodgers' total Levi Strauss (LEVI) stock holding after this transaction?
After the RSU grant, Elliott Rodgers directly holds 59,619 shares of Levi Strauss Class A Common Stock. This figure includes shares underlying the newly awarded 8,381 restricted stock units, which will convert into shares upon vesting and settlement under the award’s terms.
Was Elliott Rodgers' Levi Strauss (LEVI) Form 4 a stock purchase or compensation grant?
The Form 4 reflects a compensation grant, not an open-market stock purchase. Elliott Rodgers received 8,381 restricted stock units (RSUs) at $0.00 per unit, consistent with a director equity award, with each RSU representing a right to receive one share upon settlement.