Levi Strauss & Co (NYSE: LEVI) director granted Class A and B DERs
Rhea-AI Filing Summary
Levi Strauss & Co director Robert Eckert reported equity-based awards on 2026-08-05. He acquired 381.0000 Class A Common Stock-linked dividend equivalent rights (DERs) at $0.0000, bringing his direct Class A holdings to 103606.0000 shares. He also received 293.0000 fully vested Class B share-linked DERs, increasing his Class B-related DER position to 220268.0000 units. The Class A DERs vest with their underlying awards, with any unvested portion vesting 100% on the earlier of the day before the next Annual Stockholder Meeting or one year after grant, and all such awards and DERs are subject to a deferred delivery feature. Each Class B DER represents a contingent right to one share of Class B Common Stock, and each Class B share is convertible into one Class A share at the holder’s option with no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 381 shares
Net Buy
2 txns
Insider
ECKERT ROBERT
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock F2, F3 | 293 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F1 | 381 | $0.00 | $0.00 |
Holdings After Transaction:
Class B Common Stock — 220,268 shares (Direct);
Class A Common Stock — 103,606 shares (Direct)
Footnotes (3)
- 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 DERs are fully vested. All awards are subject to a deferred delivery feature, these same terms apply to the related DERs.
- F2. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
- F3. Represents DERs, each of which represents a contingent right to receive one share of the issuer's Class B Common Stock upon settlement. The DERs are fully vested. The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.
Key Figures
Class A award size: 381.0000 shares
Class B DER award size: 293.0000 units
Class A holdings after awards: 103606.0000 shares
+3 more
6 metrics
Class A award size
381.0000 shares
Grant/award acquisition of Class A Common Stock-linked DERs on 2026-08-05 at $0.0000 per unit
Class B DER award size
293.0000 units
Grant/award acquisition of fully vested Class B share-linked DERs on 2026-08-05
Class A holdings after awards
103606.0000 shares
Total direct Class A Common Stock position following the non-derivative award
Class B DER units after awards
220268.0000 units
Total direct Class B Common Stock-linked DER position following the derivative award
Award price per unit
$0.0000 per share
Both reported transactions were grant or award acquisitions at zero per-unit price
Number of acquisition transactions
2
Two grant/award acquisition entries, one derivative and one non-derivative, reported for 2026-08-05
Key Terms
dividend equivalent rights (DERs), Class B Common Stock, deferred delivery feature, Annual Stockholder Meeting
4 terms
dividend equivalent rights (DERs) financial
"Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share"
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
deferred delivery feature financial
"All awards are subject to a deferred delivery feature, these same terms apply to the related DERs"
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 insider stock awards did LEVI director Robert Eckert receive on 2026-08-05?
Robert Eckert received equity awards of 381.0000 Class A Common Stock-linked dividend equivalent rights and 293.0000 Class B share-linked DERs on 2026-08-05, both at $0.0000 per unit. These DERs are grant or award acquisitions, not open-market purchases by him as a company director.
How many Levi Strauss (LEVI) Class A and Class B interests does Robert Eckert hold after these awards?
Following the reported awards, Robert Eckert directly holds 103606.0000 shares of Class A Common Stock and 220268.0000 Class B Common Stock-linked DER units. Each DER represents a contingent right to receive one underlying share upon settlement, subject to the plan’s delivery terms.
What are dividend equivalent rights (DERs) in Levi Strauss (LEVI) insider awards?
Dividend equivalent rights (DERs) are awards where each unit represents a contingent right to receive one share of Levi Strauss Class A or Class B Common Stock upon settlement. They follow the vesting and delivery schedule of related underlying awards and may include deferred delivery features.
When do Robert Eckert’s Levi Strauss (LEVI) DER awards vest and settle?
For Class A-linked DERs, unvested awards and related DERs vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or one year after the grant date, with delivery deferred. The reported Class B DERs are fully vested but also subject to deferred delivery.
Are Robert Eckert’s recent Levi Strauss (LEVI) transactions under a Rule 10b5-1 trading plan?
The transactions are reported with the Rule 10b5-1 checkbox not affirmed, indicating they were not designated as made pursuant to a Rule 10b5-1 trading plan. They are characterized as grant or award acquisitions rather than trades executed under a pre-arranged selling program.