Director Jenny Ming of Levi Strauss (LEVI) receives new Class A and B share awards
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MING JENNY J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 101 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 75 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 59,990 shares (Direct);
Class A Common Stock — 64,602 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 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. 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.
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.
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.