LEVI (LEVI) director Jeffrey Jones II receives 62-share dividend equivalent grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jones Jeffrey J II reported acquisition or exercise transactions in this Form 4 filing.
LEVI STRAUSS & CO director Jeffrey J. Jones II received a grant of 62 shares of Class A Common Stock on May 6, 2026, recorded at a price of $0.00 per share. Following this award, he directly holds 10,523 shares. The grant represents dividend equivalent rights that vest and are delivered in line with the underlying awards, generally vesting 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones Jeffrey J II
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 62 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 10,523 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 62 shares
Grant price: $0.00 per share
Shares held after: 10,523 shares
3 metrics
Shares granted
62 shares
Class A Common Stock grant on May 6, 2026
Grant price
$0.00 per share
Dividend equivalent rights award
Shares held after
10,523 shares
Director’s direct holdings following the grant
Key Terms
dividend equivalent rights, contingent right, deferred delivery feature, Annual Stockholder Meeting
4 terms
dividend equivalent rights financial
"Represents dividend equivalent rights (DERs), each of which represents a contingent right"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
contingent right financial
"each of which represents a contingent right to receive one share"
deferred delivery feature financial
"Certain underlying awards are fully vested and are subject to a deferred delivery feature"
Annual Stockholder Meeting financial
"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.
FAQ
What did LEVI director Jeffrey J. Jones II report in this Form 4?
Director Jeffrey J. Jones II reported receiving a grant of 62 shares of LEVI Class A Common Stock at $0.00 per share. After this dividend equivalent rights award, his direct holdings increased to 10,523 shares of Class A Common Stock.
What type of award did Jeffrey J. Jones II receive from LEVI?
He received dividend equivalent rights (DERs), each representing a contingent right to one share of LEVI Class A Common Stock upon settlement. These DERs are tied to underlying awards and follow the same vesting and delivery schedule as those awards.
Are any of Jeffrey J. Jones II’s LEVI awards subject to deferred delivery?
Certain underlying awards for Jeffrey J. Jones II are fully vested but subject to a deferred delivery feature. The same deferred delivery terms apply to the related dividend equivalent rights tied to those fully vested underlying awards.