STOCK TITAN

LEVI (LEVI) director Joshua Prime granted 98 dividend equivalent rights

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Prime Joshua E reported acquisition or exercise transactions in this Form 4 filing.

LEVI STRAUSS & CO director receives stock-based award

Director Joshua E. Prime received an award of 98 shares of Class A Common Stock in the form of dividend equivalent rights, granted at no cash cost. Each right represents a contingent right to receive one share when the related award settles.

After this grant, Prime directly holds 73,316 shares of Class A Common Stock. The dividend equivalent rights generally vest 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the related award, with some fully vested awards subject to deferred delivery.

Positive

  • None.

Negative

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Insider Prime Joshua E
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 98 $0.00 --
Holdings After Transaction: Class A Common Stock — 73,316 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 98 shares Dividend equivalent rights in Class A Common Stock
Price per share $0.0000 Grant price for awarded shares
Shares held after 73,316 shares Total direct Class A Common Stock after transaction
dividend equivalent rights (DERs) financial
"Represents dividend equivalent rights (DERs), each of which represents a contingent right"
Class A Common Stock financial
"each of which represents a contingent right to receive one share of the issuer's Class A Common Stock"
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.
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.
deferred delivery feature financial
"Certain underlying awards are fully vested and are subject to a deferred delivery feature"
SEC Form 4
FORM 4UNITED 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 CALIFORNIA 9411

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/06/2026A98(1)A$0.0073,316D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact05/08/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did LEVI director Joshua E. Prime report on this Form 4?

Joshua E. Prime reported acquiring 98 shares of LEVI Class A Common Stock via a stock-based award. The award is structured as dividend equivalent rights, which convert into shares when the related underlying awards settle under the company’s equity compensation terms.

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

Dividend equivalent rights represent a contingent right to receive one share of LEVI Class A Common Stock upon settlement. They vest and are delivered on the same schedule as the underlying awards, aligning director compensation with shareholder outcomes through stock-based incentives instead of immediate cash payments.

When do Joshua E. Prime’s LEVI dividend equivalent rights vest?

Unvested awards and related LEVI dividend equivalent rights vest 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant date. Some underlying awards are already fully vested but use a deferred delivery feature for later share distribution.

How many LEVI shares does Joshua E. Prime hold after this reported transaction?

Following the grant, Joshua E. Prime directly holds 73,316 shares of LEVI Class A Common Stock. This total includes his prior holdings plus the newly awarded 98 shares delivered through dividend equivalent rights as part of the company’s director compensation structure.

Did Joshua E. Prime pay cash for the LEVI shares reported in this Form 4?

No cash was paid for these LEVI shares; the transaction price per share is reported as 0.0000. The 98 shares were received as a stock-based grant in the form of dividend equivalent rights, reflecting non-cash director compensation rather than an open-market purchase.