Levi Strauss (LEVI) director Yael Garten receives 98 dividend equivalent rights

Rhea-AI Filing Summary

Levi Strauss & Co. director Yael Garten reported an equity award tied to Class A Common Stock. On the reported date, Garten acquired 98 dividend equivalent rights (DERs), each representing a contingent right to receive one share of Class A Common Stock upon settlement, as a grant or award with no cash paid per share. Following this award, Garten’s direct holdings in Class A Common Stock–including related DERs reported–total 60,571 shares. The DERs vest and are delivered on the same schedule as the underlying awards, with unvested awards and related DERs vesting 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant date, and are subject to a deferred delivery feature.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Garten Yael

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	98	$0.00	--

Holdings After Transaction: Class A Common Stock — 60,571 shares (Direct)

Footnotes (1)

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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^*

Garten Yael

(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		98(1)	A	$0.00	60,571	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 DERs are fully vested. All awards are subject to a deferred delivery feature, these same terms apply to the related DERs.

	/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.
* 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.

FAQ

What insider transaction did LEVI director Yael Garten report on this Form 4?

Yael Garten reported an acquisition of 98 dividend equivalent rights (DERs) tied to Levi Strauss Class A Common Stock. These rights were granted at no cash cost as part of an equity award and increase her total reported Class A holdings to 60,571 shares.

How many Levi Strauss (LEVI) shares or equivalents did Yael Garten receive?

Yael Garten received 98 dividend equivalent rights, each linked to one share of Levi Strauss Class A Common Stock. These DERs are contingent rights that will settle in shares upon vesting and delivery under the terms of the underlying equity awards.

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

Dividend equivalent rights are contingent rights to receive Levi Strauss Class A Common Stock, one share per DER, upon settlement. They mirror the vesting of the underlying equity awards, and certain DERs are already fully vested while others vest according to the award schedule.

When do Yael Garten’s Levi Strauss dividend equivalent rights vest?

Unvested awards and their related DERs vest 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the underlying grant date. This timing aligns DER vesting with the company’s director equity award schedule and related delivery provisions.

How many Levi Strauss (LEVI) Class A shares does Yael Garten hold after this transaction?

After this grant, Yael Garten is reported as directly holding 60,571 shares of Levi Strauss Class A Common Stock. This figure includes the impact of the 98 newly granted dividend equivalent rights reflected in the Form 4’s post-transaction ownership total.

Did Yael Garten pay cash for the Levi Strauss (LEVI) shares reported?

No cash was paid for these Levi Strauss-related rights; the transaction price per share is shown as 0.0000. The 98 dividend equivalent rights were received as a grant or award, consistent with the company’s equity compensation structure for directors.