Levi Strauss (LEVI) director acquires 142 shares via DERs at $0.00
Levi Strauss & Co. (LEVI) reported an insider transaction: a company director acquired 142 shares of Class A Common Stock on 11/04/2025 at a price of $0.00 per share.
Rhea-AI Filing Summary
Levi Strauss & Co. (LEVI) reported an insider transaction: a company director acquired 142 shares of Class A Common Stock on 11/04/2025 at a price of $0.00 per share. Following the transaction, the director beneficially owns 64,712 shares, held directly.
The shares reflect dividend equivalent rights (DERs), which grant a contingent right to receive one share upon settlement. According to the disclosure, DERs vest and are delivered on the same schedule as their related 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. Certain underlying awards are fully vested but have deferred delivery; the same terms apply to the related DERs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 142 | $0.00 | $0.00 |
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.
FAQ
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What did Levi Strauss (LEVI) disclose in this Form 4?
What are dividend equivalent rights (DERs) as used by LEVI?
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