Director gets 125 DERs in Levi Strauss (NYSE: LEVI) equity grant

Rhea-AI Filing Summary

Levi Strauss & Co. director Joshua E. Prime reported an acquisition of 125 dividend equivalent rights (DERs) tied to Class A Common Stock as a grant or award at a price of $0.00 per right. These DERs each represent a contingent right to receive one share of Class A stock upon settlement.

The DERs vest and are delivered on the same schedule as the underlying equity awards. Unvested awards and related DERs vest 100% on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date. After this grant, Prime directly holds 64,837 Class A-related shares and rights in total, including awards subject to potential deferred delivery features.

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^*

Prime Joshua E

(Last) (First) (Middle)

C/O LEVI STRAUSS & CO.

1155 BATTERY STREET

(Street)

SAN FRANCISCO CA 9411

(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		125(1)	A	$0.00	64,837	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 underlying awards are fully vested and 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 Joshua E. Prime report?

Joshua E. Prime reported receiving 125 dividend equivalent rights (DERs) tied to Levi Strauss & Co. Class A Common Stock as a grant or award at no cost. These DERs track underlying equity awards and convert into Class A shares upon settlement according to specified vesting terms.

How many Levi Strauss (LEVI) shares and rights does Joshua E. Prime hold after this Form 4?

After this transaction, Joshua E. Prime directly holds 64,837 Class A-related shares and rights. This total includes the newly granted 125 dividend equivalent rights and other existing awards, some of which may be fully vested but subject to deferred delivery conditions described in the filing footnote.

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

The dividend equivalent rights (DERs) each represent a contingent right to receive one share of Levi Strauss Class A Common Stock upon settlement. They are linked to underlying equity awards, vest on the same schedule, and mirror the vesting and delivery terms of those original stock-based awards.

When do the Levi Strauss (LEVI) DERs granted to Joshua E. Prime vest?

Unvested awards and related dividend equivalent rights vest 100% on the earlier of the day before the next annual stockholder meeting or the first anniversary of the underlying award’s grant date. Some underlying awards are already fully vested but may be delivered on a deferred schedule.

Did Joshua E. Prime buy Levi Strauss (LEVI) shares on the market in this filing?

No, the filing shows a grant or award acquisition of 125 dividend equivalent rights at a price of $0.00 per right. This reflects stock-based compensation terms rather than an open-market purchase of Levi Strauss Class A Common Stock by the director.

How are DERs related to other equity awards at Levi Strauss (LEVI)?

The dividend equivalent rights are paired with specific underlying equity awards and follow the same vesting and delivery schedule. When the underlying awards vest or are delivered, associated DERs also settle, potentially delivering Class A Common Stock under the same timing and conditions.