LEVI (LEVI) director Patrick Artemis receives 63-share equity award
Rhea-AI Filing Summary
LEVI STRAUSS & CO director Patrick Artemis received an equity-based award of 63 shares of Class A Common Stock. The award is classified as a grant or other acquisition with no cash price per share. Following this grant, Artemis directly holds 22,709 Class A shares. A related footnote explains these are dividend equivalent rights that convert into Class A shares upon vesting, generally vesting in full before the next Annual Stockholder Meeting or on the first anniversary of the underlying award grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 63 shares
Net Buy
1 txn
Insider
Patrick Artemis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 63 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 22,709 shares (Direct)
Footnotes (1)
- 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 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 underlying awards are fully vested and are subject to a deferred delivery feature, these same terms apply to the related DERs.
Key Figures
Shares granted: 63 shares
Price per share: $0.00 per share
Total shares after transaction: 22,709 shares
3 metrics
Shares granted
63 shares
Grant of Class A Common Stock on May 6, 2026
Price per share
$0.00 per share
Equity award, non-cash grant
Total shares after transaction
22,709 shares
Direct Class A holdings following grant
Key Terms
dividend equivalent rights (DERs), Annual Stockholder Meeting, deferred delivery feature
3 terms
dividend equivalent rights (DERs) financial
"Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share"
Annual Stockholder Meeting regulatory
"vest as to 100% of the shares on 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.
deferred delivery feature financial
"Certain underlying awards are fully vested and are subject to a deferred delivery feature"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LEVI director Patrick Artemis report on this Form 4?
Patrick Artemis reported receiving a grant of 63 shares of LEVI Class A Common Stock. The transaction is coded as an acquisition related to a grant or award, with no cash price per share, reflecting routine equity-based director compensation.
What are the dividend equivalent rights (DERs) mentioned in the LEVI Form 4 footnote?
The dividend equivalent rights (DERs) represent a contingent right to receive one share of LEVI Class A Common Stock upon settlement. They vest and are delivered on the same schedule as the related underlying awards, mirroring their vesting, delivery, and any deferral features.
Does the LEVI Form 4 indicate any open-market buying or selling by Patrick Artemis?
The Form 4 does not show open-market buying or selling by Patrick Artemis. It reports a single grant-type acquisition coded as an award of 63 shares at a price of $0.00 per share, which is typical for non-cash equity compensation to directors.