Levi Strauss (NYSE: LEVI) GC logs RSU, SAR grants and modest stock sale
Rhea-AI Filing Summary
Levi Strauss & Co. executive David Jedrzejek, SVP and General Counsel, reported equity compensation grants and a small share sale. He received 14,104 shares of Class A common stock for $0.00 per share in the form of restricted stock units that vest in four equal 25% installments on January 29, 2027, January 28, 2028, January 26, 2029, and January 25, 2030, subject to continued service. On the same date, 3,231 shares were withheld at $19.88 per share to cover taxes from RSU settlement. On February 3, 2026, he sold 2,248 shares at $19.60 per share under a previously established Rule 10b5-1 trading plan, leaving him with 106,818 directly held Class A shares. He was also granted 42,312 stock appreciation rights at an exercise price of $19.88, which vest on the same four dates and are exercisable until January 29, 2036, with 42,312 derivative securities held directly after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,248 | $19.60 | $44K |
| Grant/Award | Stock Appreciation Rights | 42,312 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 14,104 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,231 | $19.88 | $64K |
Footnotes (1)
- The shares are represented by restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest in four equal installments of 25% on each of January 29, 2027, January 28, 2028, January 26, 2029, and January 25, 2030, subject to the Reporting Person's continuous service through each such vesting date. Shares withheld to cover tax obligation from settlement of vested RSUs. Transaction pursuant to a previously established Rule 10b5-1 Plan. Vests in four equal installments of 25% on each of January 29, 2027, January 28, 2028, January 26, 2029, and January 25, 2030, subject to the Reporting Person's continuous service through each such vesting date.