Levi Strauss (LEVI) director Eckert granted new Class A and B DERs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ECKERT ROBERT reported acquisition or exercise transactions in this Form 4 filing.

Levi Strauss & Co. director Robert Eckert received equity-linked awards tied to company stock. On May 6, 2026, he was granted 355 dividend equivalent rights (DERs) linked to Class A Common Stock and 274 DERs linked to Class B Common Stock, both at no cash cost.

Each Class A DER represents a contingent right to receive one share of Class A stock upon settlement, vesting in line with the underlying board awards, which generally vest 100% before the next annual stockholder meeting or one year after grant. The Class B DERs are fully vested and deferrable, and each Class B share is convertible into one Class A share at the holder’s option with no expiration. After these awards, Eckert holds 103,225 Class A shares and 219,975 Class B shares directly, reflecting routine director compensation rather than open-market buying.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider ECKERT ROBERT

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	274	$0.00	--
Grant/Award	Class A Common Stock	355	$0.00	--

Holdings After Transaction: Class B Common Stock — 219,975 shares (Direct, null); Class A Common Stock — 103,225 shares (Direct, null)

Footnotes (1)

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. 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. 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 DERs granted: 355 DERs Class B DERs granted: 274 DERs Class A shares held after: 103,225 shares +2 more

5 metrics

Class A DERs granted 355 DERs Dividend equivalent rights tied to Class A Common Stock granted May 6, 2026

Class B DERs granted 274 DERs Dividend equivalent rights tied to Class B Common Stock granted May 6, 2026

Class A shares held after 103,225 shares Direct Class A Common Stock holdings after reported transactions

Class B shares held after 219,975 shares Direct Class B Common Stock holdings after reported transactions

Transactions acquiring awards 2 transactions Two grant/award acquisitions coded as A on May 6, 2026

Key Terms

dividend equivalent rights (DERs), Class B Common Stock, contingent right, deferred delivery feature, +1 more

5 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.

contingent right financial

"each of which represents a contingent right to receive one share of the issuer's Class A Common Stock"

deferred delivery feature financial

"All awards are subject to a deferred delivery feature, these same terms apply to the related DERs."

fully vested financial

"Certain DERs are fully vested. The DERs are fully vested."

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 06:17 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ECKERT ROBERT

(Last)

(First)

(Middle)

C/O LEVI STRAUSS & CO.

1155 BATTERY STREET

(Street)

SAN FRANCISCO

CALIFORNIA

94111

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LEVI STRAUSS & CO [ LEVI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/06/2026		A		355⁽¹⁾	A	$0.00	103,225	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	$0.00⁽²⁾	05/06/2026		A		274⁽³⁾		⁽²⁾	⁽²⁾	Class A Common Stock	274	$0.00	219,975	D

Explanation of Responses:

1. 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.

2. 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.

3. 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.

	/s/ Priscilla Duncan-Tannous, Attorney-in-Fact	05/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Levi Strauss (LEVI) director Robert Eckert receive in this insider filing?

Robert Eckert received equity-based compensation, not an open-market purchase. He was granted 355 dividend equivalent rights (DERs) tied to Levi Strauss Class A Common Stock and 274 DERs tied to Class B Common Stock, each providing a contingent right to receive shares upon settlement.

How many Levi Strauss (LEVI) shares does Robert Eckert hold after these awards?

After the grants, Robert Eckert directly holds 103,225 shares of Levi Strauss Class A Common Stock and 219,975 shares of Class B Common Stock. These holdings reflect his ongoing equity stake as a director, with the new DERs adding contingent future share delivery.

What are dividend equivalent rights (DERs) in the Levi Strauss (LEVI) filing?

Dividend equivalent rights (DERs) represent contingent rights to receive one share of Levi Strauss stock per DER upon settlement. For Eckert, Class A DERs vest with the underlying board awards, while certain DERs are already fully vested and all are subject to deferred delivery terms set by the company.

How do Levi Strauss (LEVI) Class B shares relate to Class A shares in this filing?

Each Levi Strauss Class B Common Share is convertible into one share of Class A Common Stock at the holder’s option and has no expiration date. This means Eckert’s Class B-related DERs and shares can ultimately become Class A shares if he chooses to convert.

Are Robert Eckert’s recent Levi Strauss (LEVI) transactions open-market buys or sales?

The recent transactions are not open-market buys or sales. They are coded as awards, meaning Eckert acquired 355 Class A-related DERs and 274 Class B-related DERs as part of compensation arrangements, with no purchase price and no shares sold in the market.

When do the new Levi Strauss (LEVI) DER awards to Robert Eckert vest?

The Class A-related DERs vest and are delivered on the same schedule as the underlying board awards. Unvested awards and related DERs vest 100% on the day before the next annual stockholder meeting or on the first anniversary of the grant date, whichever occurs earlier.