Levi Strauss (LEVI) director awarded 121 Class A shares via DERs grant
Rhea-AI Filing Summary
Geballe Daniel W reported acquisition or exercise transactions in this Form 4 filing.
Levi Strauss & Co. director Daniel W. Geballe received a grant of 121 shares of Class A Common Stock through dividend equivalent rights (DERs) on May 6, 2026. The award was made at no cash price as part of equity compensation, bringing his direct holdings to 20,293 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 121 shares
Net Buy
1 txn
Insider
Geballe Daniel W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 121 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 20,293 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 granted: 121 shares
Grant price: $0.00 per share
Shares held after transaction: 20,293 shares
+2 more
5 metrics
Shares granted
121 shares
Class A Common Stock grant on May 6, 2026
Grant price
$0.00 per share
Equity compensation award, not open-market purchase
Shares held after transaction
20,293 shares
Total direct Class A holdings following the grant
Transaction code
A
Grant, award, or other acquisition of non-derivative shares
Security type
Class A Common Stock
Underlying shares deliverable upon DER settlement
Key Terms
dividend equivalent rights (DERs), Class A Common Stock, Annual Stockholder Meeting, deferred delivery feature
4 terms
dividend equivalent rights (DERs) financial
"Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share"
Class A Common Stock financial
"each of which 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.
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.
deferred delivery feature financial
"Certain underlying awards are fully vested and are subject to a deferred delivery feature"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Levi Strauss (LEVI) director Daniel W. Geballe report?
Daniel W. Geballe reported an acquisition of 121 shares of Levi Strauss Class A Common Stock via a compensation grant. The transaction used code A, indicating a grant, award, or other acquisition, and increased his direct holdings to 20,293 shares after the award.
What does the Form 4 transaction code A mean for Levi Strauss (LEVI)?
Transaction code A on the Levi Strauss Form 4 signifies a grant, award, or other acquisition rather than an open-market purchase. For Daniel W. Geballe, it records 121 Class A shares received at no cash cost as part of his equity-based compensation package.
What are dividend equivalent rights (DERs) mentioned in the Levi Strauss (LEVI) filing?
Dividend equivalent rights (DERs) represent contingent rights to receive one share of Levi Strauss Class A Common Stock upon settlement. They vest and are delivered on the same schedule as the related underlying awards, aligning director equity compensation with the company’s dividend and vesting structure.