Levi Strauss (NYSE: LEVI) director awarded 8,381 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARBERGER DAVID S reported acquisition or exercise transactions in this Form 4 filing.
LEVI STRAUSS & CO director David S. Marberger received a grant of 8,381 restricted stock units tied to the company’s Class A Common Stock. Each RSU represents a contingent right to one share upon settlement. The RSUs 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, Marberger directly holds 31,225 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARBERGER DAVID S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,381 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 31,225 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 8,381 units
Reported price per share: $0.00
Shares after transaction: 31,225 shares
3 metrics
RSU grant size
8,381 units
Restricted stock units tied to Class A Common Stock
Reported price per share
$0.00
Grant of RSUs, non-cash stock-based award
Shares after transaction
31,225 shares
Direct holdings following RSU grant
Key Terms
restricted stock units (RSUs), Class A Common Stock, annual stockholder meeting
3 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 upon settlement"
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.
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 director David S. Marberger receive in this Form 4 filing?
David S. Marberger received a grant of 8,381 restricted stock units. Each RSU represents a contingent right to receive one share of Levi Strauss & Co Class A Common Stock upon settlement, reflecting stock-based compensation rather than an open-market purchase.
When do David S. Marberger’s 8,381 LEVI RSUs vest?
The 8,381 RSUs vest in full on the earlier of two dates. They vest either the day before Levi Strauss & Co’s next annual stockholder meeting or on the first anniversary of the grant date, whichever occurs first under the award’s terms.
Is the LEVI RSU grant to David S. Marberger an open-market stock purchase?
No, the grant is classified as a stock-based award, not an open-market purchase. The Form 4 uses transaction code A, described as a grant or award acquisition, with a reported price of $0.00 per share, indicating compensation rather than a market transaction.