Director Jill Beraud of LEVI (NYSE: LEVI) receives 8,381 RSUs equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beraud Jill reported acquisition or exercise transactions in this Form 4 filing.
LEVI STRAUSS & CO director Jill Beraud received an equity award of 8,381 restricted stock units (RSUs) of Class A Common Stock. The RSUs are a form of stock-based compensation, granted at no cash cost per share in this filing.
Each RSU represents a right to receive one share of Class A Common Stock upon settlement. The award will vest in full on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date. After this grant, Beraud directly holds 181,157 shares, including the awarded RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Beraud Jill
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,381 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 181,157 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 8,381 RSUs
Grant price per share: $0.0000 per share
Shares after transaction: 181,157 shares
+1 more
4 metrics
RSUs granted
8,381 RSUs
Restricted stock units of Class A Common Stock granted to director
Grant price per share
$0.0000 per share
Non-cash equity award price on grant
Shares after transaction
181,157 shares
Total direct holdings following RSU grant
Transaction code
A
Grant, award, or other acquisition of non-derivative security
Key Terms
restricted stock units (RSUs), Class A Common Stock, grant, award, or other acquisition, annual stockholder meeting
4 terms
restricted stock units (RSUs) financial
"Represents the acquisition of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share"
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.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement"
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
annual stockholder meeting financial
"The RSUs will vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary"
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 insider transaction did LEVI director Jill Beraud report on this Form 4?
Jill Beraud reported receiving 8,381 restricted stock units (RSUs) of LEVI Class A Common Stock as a stock-based compensation award. These RSUs were granted at no cash purchase price and increase her direct equity-based holdings in the company to 181,157 shares after the transaction.
What are the vesting terms of Jill Beraud’s LEVI RSU award?
The 8,381 LEVI RSUs granted to Jill Beraud vest in full on the earlier of two dates: the day before the next annual stockholder meeting or the first anniversary of the grant date. Vesting must occur before the RSUs settle into Class A Common Stock.
Does this LEVI Form 4 show an open-market stock purchase or sale?
This Form 4 does not show an open-market purchase or sale. Instead, it reports a grant or award acquisition of 8,381 restricted stock units to director Jill Beraud at a price of $0.0000 per share, reflecting non-cash equity compensation rather than a market trade.
What does each LEVI restricted stock unit (RSU) represent in Jill Beraud’s award?
Each RSU in Jill Beraud’s award represents a contingent right to receive one share of LEVI Class A Common Stock upon settlement. The RSUs must first vest under the specified schedule before converting into actual shares that can be owned or potentially sold in the future.