Director at Levi Strauss (NYSE: LEVI) receives 68 stock-based DERs

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 68 Class A Common Stock equivalents as a stock-based award. The grant, recorded at a price of $0.00 per share, brings his directly held Class A shares and related rights to 31,293. The award represents dividend equivalent rights that vest and are delivered in line with the underlying equity awards.

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	68	$0.00	--

Holdings After Transaction: Class A Common Stock — 31,293 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Awarded shares: 68 shares Grant price: $0.00 per share Holdings after transaction: 31,293 shares

3 metrics

Awarded shares 68 shares Grant of Class A Common Stock equivalents on May 6, 2026

Grant price $0.00 per share Compensation-related stock award, non-market transaction

Holdings after transaction 31,293 shares Total direct Class A share-related holdings following award

Key Terms

dividend equivalent rights (DERs), contingent right, deferred delivery feature

3 terms

dividend equivalent rights (DERs) financial

"Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share"

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

"Certain underlying awards are fully vested and are subject to a deferred delivery feature"

Form 4 Insider Transactions: What Each Field Means →

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^*

MARBERGER DAVID S

(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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/06/2026		A		68(1)	A	$0.00	31,293	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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 underlying awards are fully vested and are subject to a deferred delivery feature, these same terms apply to the related DERs.

	/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)

FAQ

What did Levi Strauss (LEVI) director David S. Marberger report in this Form 4?

David S. Marberger reported receiving 68 Class A Common Stock equivalents as a stock-based award. These were granted at a price of $0.00 per share and are structured as dividend equivalent rights linked to underlying equity awards.

How many Levi Strauss (LEVI) shares or equivalents does David S. Marberger hold after this transaction?

Following the reported award, David S. Marberger directly holds 31,293 Class A Common Stock shares and related rights. This total includes the newly granted 68 dividend equivalent rights reported in the filing.

What type of transaction is disclosed for Levi Strauss (LEVI) in this Form 4?

The filing discloses a grant or award acquisition, coded as “A,” for 68 shares of Levi Strauss Class A Common Stock equivalents. It is a non-derivative, compensation-related transaction rather than an open-market purchase or sale.

What are dividend equivalent rights (DERs) in the Levi Strauss (LEVI) Form 4 filing?

Dividend equivalent rights, or DERs, each represent a contingent right to receive one share of Levi Strauss Class A Common Stock upon settlement. They vest and are delivered on the same schedule and terms as the underlying equity awards they are tied to.

Is the Levi Strauss (LEVI) Form 4 transaction a market buy or sell of shares?

The transaction is not a market buy or sell. It is a grant or award acquisition of 68 stock equivalents at $0.00 per share, reflecting compensation in the form of dividend equivalent rights rather than an open-market trade.