Levi Strauss (NYSE: LEVI) director awarded 156 dividend equivalent rights
Rhea-AI Filing Summary
Levi Strauss & Co. director Yael Garten reported an acquisition of 156 dividend equivalent rights (DERs) tied to Class A Common Stock. The award carried a stated price of $0.0000 per share, and direct holdings after the transaction were 69,253 shares.
Each DER represents a contingent right to receive one share of Class A Common Stock upon settlement. Unvested awards and related DERs vest 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant, and are subject to a deferred delivery feature.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 156 shares
Net Buy
1 txn
Insider
Garten Yael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 156 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 69,253 shares (Direct)
Footnotes (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 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 DERs are fully vested. All awards are subject to a deferred delivery feature, these same terms apply to the related DERs.
Key Figures
Dividend equivalent rights granted: 156
Price per right: $0.0000 per share
Holdings after transaction: 69,253 shares
+1 more
4 metrics
Dividend equivalent rights granted
156
Grant to director Yael Garten on 2026-08-05 representing contingent rights to Class A shares
Price per right
$0.0000 per share
Stated price associated with the 156 DERs granted as compensation
Holdings after transaction
69,253 shares
Total direct Class A Common Stock holdings reported following the grant
Vesting percentage
100%
Unvested awards and related DERs vest 100% on specified earlier vesting date
Key Terms
dividend equivalent rights (DERs), contingent right, deferred delivery feature
3 terms
dividend equivalent rights (DERs) financial
"Represents dividend equivalent rights (DERs), each of which represents a contingent right"
contingent right financial
"each of which represents a contingent right to receive one share"
deferred delivery feature financial
"All awards are subject to a deferred delivery feature, these same terms apply"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LEVI director Yael Garten report?
Yael Garten reported an acquisition of 156 dividend equivalent rights (DERs) tied to Levi Strauss & Co. Class A Common Stock. These DERs are compensation-related awards rather than open-market purchases and settle in shares upon vesting and delivery.
What are dividend equivalent rights (DERs) reported in the LEVI Form 4?
Dividend equivalent rights (DERs) are awards where each DER represents a contingent right to receive one share of Levi Strauss Class A Common Stock upon settlement, with vesting and delivery terms matching the underlying equity awards to which they relate.
When do the Levi Strauss (LEVI) DERs granted to Yael Garten vest?
Unvested awards and related DERs vest as to 100% of the shares on the earlier of the day before Levi Strauss’s next Annual Stockholder Meeting or the first anniversary of the grant date of the underlying award.
Is there a cash exercise price for Yael Garten’s new LEVI DERs?
The reported transaction lists a price of $0.0000 per share for the 156 dividend equivalent rights. This indicates the DERs are granted as part of compensation, with no cash purchase price stated in the filing.