Levi Strauss (LEVI) director Yael Garten receives 8,381 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garten Yael reported acquisition or exercise transactions in this Form 4 filing.
LEVI STRAUSS & CO director Yael Garten received an equity grant of 8,381 restricted stock units (RSUs) tied to the company’s Class A Common Stock. Each RSU represents a contingent right to receive one share upon settlement. The RSUs will vest in full on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date. Following this award, Garten directly holds 68,952 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Garten Yael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,381 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 68,952 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 8,381 RSUs
Shares after transaction: 68,952 shares
RSU share ratio: 1 RSU : 1 share
3 metrics
RSUs granted
8,381 RSUs
Equity award of restricted stock units to director
Shares after transaction
68,952 shares
Total Class A Common Stock held directly after grant
RSU share ratio
1 RSU : 1 share
Each RSU represents one share of Class A Common Stock
Key Terms
restricted stock units (RSUs), Class A Common Stock, annual stockholder meeting
3 terms
restricted stock units (RSUs) financial
"Represents the acquisition of restricted stock units (RSUs). Each RSU represents a contingent right"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual stockholder meeting financial
"The RSUs will vest in full the earlier of the day before the next annual stockholder meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
FAQ
What did LEVI director Yael Garten acquire in this Form 4 filing for LEVI?
Yael Garten received 8,381 restricted stock units (RSUs) tied to Levi Strauss & Co. Class A Common Stock. Each RSU is a contingent right to receive one share upon settlement, representing stock-based compensation rather than a cash transaction.
When do Yael Garten’s newly granted LEVI RSUs vest?
The RSUs will vest in full on the earlier of the day before Levi Strauss & Co.’s next annual stockholder meeting or the first anniversary of the grant date. Vesting must occur before any shares are actually delivered under these RSUs.
What does each restricted stock unit (RSU) represent for LEVI stock?
Each RSU represents a contingent right to receive one share of Levi Strauss & Co. Class A Common Stock upon settlement. The RSUs only convert into actual shares once vesting conditions are met, aligning director compensation with company equity performance.
Is the Form 4 transaction for LEVI a market purchase or sale by Yael Garten?
The Form 4 reports a grant or award acquisition, not an open-market trade. Yael Garten received 8,381 RSUs as compensation, with a reported price of $0.0000 per unit, rather than buying or selling shares on the market.