Levi Strauss director awarded stock and DERs

Levi Strauss & Co. director Jenny J. Ming reported receiving stock-based awards rather than buying shares on the open market.

Rhea-AI Filing Summary

Levi Strauss & Co. director Jenny J. Ming reported receiving stock-based awards rather than buying shares on the open market. She was granted 50 shares of Class A Common Stock at no cost, bringing her direct Class A holdings to 73,033 shares.

She also acquired 97 dividend equivalent rights tied to Class B Common Stock, each representing a contingent right to receive one share of Class A Common Stock upon settlement. Separately, she now holds 60,087 Class B-related rights that are fully vested but subject to deferred delivery, and each Class B share is convertible into one Class A share at the holder’s option.

Insider Trade Summary

Grant/Award: 147 shares

Grant/Award 2 txns

Insider MING JENNY J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	97	$0.00	$0.00
Grant/Award	Class A Common Stock	50	$0.00	$0.00

Holdings After Transaction: Class B Common Stock — 60,087 contracts (Direct); Class A Common Stock — 73,033 shares (Direct)

Footnotes (3)

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 shall 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.
2. F2. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
3. F3. Represents DERs, each of which represents a contingent right to receive one share of the issuer's Class B Common Stock upon settlement. The DERs are fully vested. The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.

Key Figures

Class A shares granted: 50 shares Class A shares held after grant: 73,033 shares Class B DERs granted: 97 rights +3 more

6 metrics

Class A shares granted 50 shares Grant of Class A Common Stock on May 6, 2026

Class A shares held after grant 73,033 shares Direct Class A holdings following the transaction

Class B DERs granted 97 rights Dividend equivalent rights tied to Class B Common Stock

Class B-related rights after grant 60,087 rights Total DERs relating to Class B following the transaction

Class A conversion ratio 1:1 Each Class B share convertible into one Class A share

DER vesting condition 100% vest at next meeting/anniversary Class A-related DERs vest on specified future date

Key Terms

dividend equivalent rights (DERs), deferral delivery feature, Class B Common Stock, contingent right

4 terms

dividend equivalent rights (DERs) financial

"Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share..."

deferral delivery feature financial

"The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature."

Class B Common Stock financial

"Each share of Class B Common Stock is convertible into one share of Class A Common Stock..."

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

contingent right financial

"each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Levi Strauss (LEVI) director Jenny Ming acquire in this Form 4?

Jenny Ming received stock-based awards, not open-market purchases. She was granted 50 shares of Levi Strauss Class A Common Stock at no cost and 97 dividend equivalent rights tied to Class B Common Stock, increasing her overall equity-based compensation position in the company.

How many Levi Strauss (LEVI) Class A shares does Jenny Ming hold after the grant?

After the reported grant, Jenny Ming directly holds 73,033 shares of Levi Strauss Class A Common Stock. This figure reflects her position following the award of 50 additional Class A shares reported in the Form 4 filing for the transaction dated May 6, 2026.

What are dividend equivalent rights (DERs) reported for Levi Strauss (LEVI)?

The filing states that dividend equivalent rights, or DERs, each represent a contingent right to receive one share of Levi Strauss Class A or Class B Common Stock upon settlement. Some DERs vest on a future date, while others are fully vested but subject to deferred delivery provisions.

How many Levi Strauss (LEVI) Class B-related DERs does Jenny Ming hold after this filing?

Following the reported acquisition of 97 dividend equivalent rights tied to Class B Common Stock, Jenny Ming holds 60,087 such Class B-related rights. These DERs are fully vested, and the underlying Class B shares issuable from them are subject to a deferral delivery feature described in the footnotes.

Can Levi Strauss (LEVI) Class B Common Stock be converted into Class A shares?

According to the filing, each share of Levi Strauss Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder. The footnote specifies that this Class B stock has no expiration date and maintains a one-to-one conversion ratio.

Were Jenny Ming’s Levi Strauss (LEVI) transactions open-market buys or compensation awards?

The transactions are coded as grants or awards with a reported price per share of $0.0000, indicating compensation-related acquisitions rather than open-market purchases. The Form 4 describes them as grant, award, or other acquisition, consistent with stock-based director compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/08/2026 - 06:16 PM Learn about SEC filing dates

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^*

MING JENNY J

(Last) (First) (Middle)

C/O LEVI STRAUSS & CO.

1155 BATTERY STREET

(Street)

SAN FRANCISCO CALIFORNIA 94111

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/06/2026		A		50(1)	A	$0.00	73,033	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
Class B Common Stock	$0.00(2)	05/06/2026		A		97(3)		(2)	(2)	Class A Common Stock	97	$0.00	60,087	D

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 shall 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.

2. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

3. Represents DERs, each of which represents a contingent right to receive one share of the issuer's Class B Common Stock upon settlement. The DERs are fully vested. The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.

	/s/ Priscilla Duncan-Tannous, Attorney-in-Fact	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)