LEVI director files Form 4: 358 DERs, 94,173 Class A shares
Levi Strauss & Co. (LEVI) director reported equity activity on Form 4.
Rhea-AI Filing Summary
Levi Strauss & Co. (LEVI) director reported equity activity on Form 4. On 11/04/2025, 358 dividend equivalent rights (DERs) were acquired and settled into Class A common stock at $0.00, bringing direct Class A holdings to 94,173 shares.
The filing also reports 320 DERs tied to Class B common stock at $0.00, with Class B convertible into Class A on a 1:1 basis. Following these transactions, 219,418 derivative securities are held directly. DERs vest and deliver in line with the underlying awards, with certain grants subject to deferred delivery.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 320 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 358 | $0.00 | $0.00 |
Footnotes (3)
- 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 underlying awards are fully vested and are subject to a deferred delivery feature, these same terms apply to the related DERs.
- F2. 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.
- F3. 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.
FAQ
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What did LEVI’s director report on Form 4?
What derivative holdings are reported after the transactions?
What are DERs in this context for LEVI?
Were any cash payments involved in the reported acquisitions?
Do the DERs have special vesting or delivery terms?
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