Levi Strauss & Co (LEVI) director awarded 73 dividend equivalent rights
Rhea-AI Filing Summary
MARBERGER DAVID S reported acquisition or exercise transactions in this Form 4 filing.
Levi Strauss & Co director David S. Marberger reported an equity award of 73.0000 dividend equivalent rights (DERs), each linked to one share of Class A Common Stock, at $0.0000 per share. The DERs vest and are delivered consistent with related awards, and he now directly holds 31366.0000 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 73 shares
Net Buy
1 txn
Insider
MARBERGER DAVID S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 73 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 31,366 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. The DERs vest and are delivered consistent with the underlying awards to which they relate. Unvested awards and the related DERs vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant of the underlying award. Certain underlying awards are fully vested and are subject to a deferred delivery feature, these same terms apply to the related DERs.
Key Figures
Shares awarded: 73.0000 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 31366.0000 shares
+2 more
5 metrics
Shares awarded
73.0000 shares
Dividend equivalent rights granted to director on 2026-08-05
Grant price per share
$0.0000 per share
Price for each dividend equivalent right awarded
Shares held after transaction
31366.0000 shares
Class A Common Stock directly owned by David S. Marberger after the award
DER conversion ratio
1 share per DER
Each dividend equivalent right represents one share upon settlement
Vesting percentage
100%
Unvested awards and related DERs vest 100% on the specified earlier date
Key Terms
dividend equivalent rights (DERs), contingent right, deferred delivery feature, Annual Stockholder Meeting
4 terms
dividend equivalent rights (DERs) financial
"Represents dividend equivalent rights (DERs), each a contingent right to receive one share"
contingent right financial
"each of which represents a contingent right to receive one share of the issuer's Class A"
deferred delivery feature financial
"Certain underlying awards are fully vested and are subject to a deferred delivery feature"
Annual Stockholder Meeting financial
"vest as to 100% of the shares on 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did LEVI director David S. Marberger report in this Form 4?
Director David S. Marberger reported an award of 73.0000 dividend equivalent rights tied to Class A Common Stock at $0.0000 per share, increasing his direct holdings to 31366.0000 Class A shares.
What are the dividend equivalent rights (DERs) reported in LEVI’s Form 4?
The filing describes dividend equivalent rights (DERs) as each representing a contingent right to receive one share of Levi Strauss Class A Common Stock upon settlement, mirroring the vesting and delivery terms of the underlying equity awards.
When do the LEVI DERs awarded to David S. Marberger vest and settle?
Unvested underlying awards and related DERs vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant date, with certain awards fully vested but subject to deferred delivery.
Was the reported LEVI insider transaction made under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox in the filing is not marked as an affirmative plan, so the reported 73.0000-DER award is not identified as executed pursuant to a Rule 10b5-1 trading arrangement.
What was the grant price for the LEVI dividend equivalent rights to David S. Marberger?
The 73.0000 dividend equivalent rights reported for David S. Marberger were granted at a price of $0.0000 per share, indicating a no-cost equity award tied to Levi Strauss Class A Common Stock.