Director Jenny Ming of Levi Strauss (LEVI) receives new Class A and B share awards

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.

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

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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^*

MING JENNY J

(Last) (First) (Middle)

C/O LEVI STRAUSS & CO.

1155 BATTERY STREET

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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

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

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

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	02/25/2026		A		75(1)	A	$0.00	64,602	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
Class B Common Stock	$0.00(2)	02/25/2026		A		101(3)		(2)	(2)	Class A Common Stock	101	$0.00	59,990	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 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.

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	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Levi Strauss (LEVI) director Jenny J. Ming report?

Jenny J. Ming reported receiving stock-based awards, not market trades. She acquired 101 shares of Class B Common Stock and 75 shares of Class A Common Stock via dividend equivalent rights, with a stated acquisition price of $0.00 per share on February 25, 2026.

How many Levi Strauss (LEVI) shares did Jenny J. Ming acquire in this Form 4?

Jenny J. Ming acquired 176 total shares through awards. The filing shows 101 shares of Class B Common Stock and 75 shares of Class A Common Stock, both granted as dividend equivalent rights rather than cash purchases, with a reported price of $0.00 per share.

What are the vesting terms for Jenny J. Ming’s Levi Strauss (LEVI) Class A dividend equivalent rights?

The Class A dividend equivalent rights vest entirely in a single tranche. They become 100% vested on the earlier of the day before the next annual stockholder meeting or the first anniversary of the underlying award’s grant date, after which one share of Class A is deliverable per right.

How do Jenny J. Ming’s Levi Strauss (LEVI) Class B dividend equivalent rights work?

The Class B dividend equivalent rights are already fully vested. Each right represents a contingent claim to one share of Class B Common Stock, but the underlying shares are subject to a deferral delivery feature, meaning the actual share delivery occurs at a later, specified time.

Can Levi Strauss (LEVI) Class B shares reported by Jenny J. Ming be converted to Class A?

Yes, each reported Class B Common Share is convertible into one Class A share. The conversion is at the option of the holder and carries no expiration date, providing flexibility for when, or if, to convert the Class B Common Stock into Class A.

Did Jenny J. Ming buy or sell Levi Strauss (LEVI) shares on the open market?

The filing does not show open-market buying or selling. Instead, it reports grant-type acquisitions coded as “A,” reflecting dividend equivalent right awards that carry a $0.00 stated price per share, rather than cash transactions in the market.