Levi Strauss (NYSE: LEVI) director granted new Class A and B DER awards

Rhea-AI Filing Summary

LEVI STRAUSS & CO director Troy Alstead reported equity awards of Class A and Class B Common Stock–linked rights. On February 25, 2026, he acquired 294 shares of Class B Common Stock and 75 shares of Class A Common Stock at a reported price of $0.00 per share in the form of grants or awards.

The filing notes these positions arise from dividend equivalent rights (DERs), each representing a contingent right to receive one share upon settlement. Certain DERs vest in full on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date.

Following these transactions, Alstead holds 46,794 shares of Class B Common Stock and 122,776 shares of Class A Common Stock, all directly. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Alstead Troy

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	294	$0.00	--
Grant/Award	Class A Common Stock	75	$0.00	--

Holdings After Transaction: Class B Common Stock — 46,794 shares (Direct); Class A Common Stock — 122,776 shares (Direct)

Footnotes (1)

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 shall 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. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. Represents DERs, each of which represents a contingent right to receive one share of the issuer's Class B Common Stock upon settlement. The DERs are fully vested. The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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
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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^*

Alstead Troy

(Last) (First) (Middle)

C/O LEVI STRAUSS & CO.

1155 BATTERY STREET

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LEVI STRAUSS & CO [ LEVI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/25/2026		A		75(1)	A	$0.00	122,776	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	$0.00(2)	02/25/2026		A		294(3)		(2)	(2)	Class A Common Stock	294	$0.00	46,794	D

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 shall 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.

2. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

3. Represents DERs, each of which represents a contingent right to receive one share of the issuer's Class B Common Stock upon settlement. The DERs are fully vested. The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.

	/s/ Priscilla Duncan-Tannous, Attorney-in-Fact	02/27/2026
	** Signature of Reporting Person	Date
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.
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FAQ

What did LEVI director Troy Alstead report in this Form 4 filing?

Troy Alstead reported equity awards linked to LEVI shares. He acquired 294 Class B and 75 Class A share-based awards at $0.00 per share, recorded as grants or awards rather than open-market purchases.

How many LEVI shares does Troy Alstead own after these transactions?

After the reported awards, Troy Alstead holds 46,794 shares of Class B Common Stock and 122,776 shares of Class A Common Stock of LEVI, all shown as directly owned in the Form 4 filing’s ownership tables.

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

Dividend equivalent rights (DERs) are contingent rights to receive one share upon settlement. In this LEVI filing, DERs relate to both Class A and Class B stock and may vest fully by the earlier of the next annual meeting or one year from grant.

Are Troy Alstead’s LEVI Class B shares convertible into Class A shares?

Yes. Each share of LEVI Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder, and the filing states that these Class B shares have no expiration date on this conversion feature.

Were Troy Alstead’s LEVI transactions open-market buys or grants?

The transactions are classified as grants or awards, not open-market buys. The Form 4 uses transaction code A for acquisition and reports a price of $0.00 per share, indicating compensatory equity awards tied to dividend equivalent rights.

When do the LEVI dividend equivalent rights reported by Troy Alstead vest?

The filing states that certain LEVI dividend equivalent rights vest 100% on the earlier of the day before the next annual stockholder meeting or the first anniversary of the underlying award’s grant date, defining their vesting schedule.