Director at Levi Strauss (NYSE: LEVI) receives 8,381 RSUs equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEVI STRAUSS & CO director Patrick Artemis received an equity award of 8,381 restricted stock units (RSUs) tied to Class A Common Stock. Each RSU represents a contingent right to receive one share upon settlement. The RSUs will vest in full on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date. Following this grant, Artemis directly holds 22,646 shares of Class A Common Stock, reflecting a routine, compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patrick Artemis
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,381 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 22,646 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 8,381 RSUs
Post-grant holdings: 22,646 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
8,381 RSUs
Equity award reported on Form 4
Post-grant holdings
22,646 shares
Class A Common Stock held directly after transaction
Grant price per share
$0.0000 per share
RSU acquisition price, compensation-related award
Vesting trigger
Earlier of next meeting eve or 1-year anniversary
RSUs vest in full at the earlier of these dates
Security type
Class A Common Stock
Underlying shares deliverable upon RSU settlement
Key Terms
restricted stock units (RSUs), contingent right, Class A Common Stock, vest in full, +1 more
5 terms
restricted stock units (RSUs) financial
"Represents the acquisition of restricted stock units (RSUs). Each RSU represents a contingent right"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the issuer's Class A"
Class A Common Stock financial
"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.
vest in full financial
"The RSUs will vest in full the earlier of the day before the next annual"
annual stockholder meeting financial
"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 did LEVI director Patrick Artemis report in this Form 4 filing?
Patrick Artemis reported receiving 8,381 restricted stock units (RSUs) linked to Levi Strauss & Co. Class A Common Stock. This is a compensation-related equity award, not an open-market share purchase or sale, and increases his direct equity-based holdings in the company.
When do Patrick Artemis’s new LEVI RSUs vest according to the filing?
The RSUs vest in full on the earlier of the day before Levi Strauss & Co.’s next annual stockholder meeting or the first anniversary of the grant date. At vesting, each RSU converts into one share of Class A Common Stock, subject to settlement.
What does each restricted stock unit (RSU) represent in the LEVI Form 4 filing?
Each RSU represents a contingent right to receive one share of Levi Strauss & Co. Class A Common Stock upon settlement. The units do not immediately provide shares; they convert into shares only when the vesting and settlement conditions described are satisfied.