Levi Strauss director awarded Class A and B shares
Levi Strauss & Co. director Jenny J. Ming reported stock-based awards rather than open-market trades.
Rhea-AI Filing Summary
Levi Strauss & Co. director Jenny J. Ming reported stock-based awards rather than open-market trades. On February 25, 2026, she acquired 101 shares of Class B Common Stock and 75 shares of Class A Common Stock at a stated price of $0.00 per share.
The Form 4 notes these are dividend equivalent rights (DERs), each representing a contingent right to receive one share upon settlement. The Class A–linked DERs vest 100% on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date, while the Class B–linked DERs are fully vested but subject to deferred delivery. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the holder’s option with no expiration date.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 101 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 75 | $0.00 | $0.00 |
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 shall 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.
- 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.
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