LEVI insider adds no‑cost DERs; 70,324 Class A shares post‑trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Levi Strauss & Co. (LEVI) reported an insider transaction by a director. On 11/04/2025, the director acquired 221 dividend equivalent rights (DERs) tied to Class A Common Stock at $0.00, bringing Class A shares beneficially owned to 70,324 (direct).
The filing also shows the acquisition of 42 DERs tied to Class B Common Stock at $0.00. Each Class B share is convertible into one Class A share and has no expiration date. Certain DERs deliver on a deferred basis, and unvested awards (and related DERs) vest 100% on the earlier of the day before the next annual stockholder meeting or the first anniversary of grant. Following the transaction, the director held 57,506 derivative securities (direct).
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McCormick Christopher J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 42 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 221 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 57,506 shares (Direct);
Class A Common Stock — 70,324 shares (Direct)
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 underlying awards are fully vested and 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.