Levi Strauss (LEVI) SVP receives 18,001 RSUs, now holds 45,840 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Davis Timothy Joseph reported acquisition or exercise transactions in this Form 4 filing.
Levi Strauss & Co. SVP and Global Controller Timothy Joseph Davis received an award of 18,001 shares of Class A Common Stock in the form of restricted stock units (RSUs). After this grant, he directly holds 45,840 shares. Each RSU represents a contingent right to one share.
The RSUs vest in two equal installments of 50% on May 3, 2027, and May 1, 2028, assuming Davis remains in continuous service through each vesting date. This is a compensation-related, non-cash equity award rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davis Timothy Joseph
Role
SVP, Global Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 18,001 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 45,840 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 18,001 RSUs
Holdings after transaction: 45,840 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
18,001 RSUs
Award of Class A Common Stock RSUs to SVP on May 1, 2026
Holdings after transaction
45,840 shares
Total direct Class A Common Stock holdings following RSU grant
Grant price per share
$0.0000 per share
Reported transaction price for the RSU award
First vesting date
May 3, 2027
50% of RSUs vest, subject to continuous service
Second vesting date
May 1, 2028
Remaining 50% of RSUs vest, subject to continuous service
Key Terms
restricted stock units (RSUs), contingent right, continuous service, grant, award, or other acquisition, +1 more
5 terms
restricted stock units (RSUs) financial
"The shares are represented by 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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock..."
continuous service financial
"The RSUs vest... subject to the Reporting Person's continuous service through each such vesting date."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Class A Common Stock financial
"security_title: 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.
FAQ
What did Levi Strauss (LEVI) insider Timothy Joseph Davis report on this Form 4?
Timothy Joseph Davis reported receiving 18,001 restricted stock units (RSUs) of Levi Strauss Class A Common Stock as an equity award. This non-cash grant increases his direct holdings to 45,840 shares and reflects compensation rather than an open-market stock purchase or sale.
What are the vesting terms for Timothy Joseph Davis’s 18,001 Levi Strauss (LEVI) RSUs?
The 18,001 restricted stock units vest in two equal installments of 50% each. Vesting dates are May 3, 2027, and May 1, 2028. Vesting is contingent on Davis’s continuous service with Levi Strauss through each respective vesting date as specified in the award terms.
Is Timothy Joseph Davis’s Levi Strauss (LEVI) Form 4 transaction a stock purchase or sale?
The Form 4 transaction is not an open-market purchase or sale. It is an acquisition coded “A,” representing a grant or award of 18,001 restricted stock units as compensation. No purchase price was paid, as the award carries a reported price of $0.0000 per share.