STOCK TITAN

Levi Strauss (NYSE: LEVI) director Eckert receives new Class A and B awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LEVI STRAUSS & CO director Robert Eckert reported stock-based awards rather than open-market trades. He acquired 283 shares of Class B Common Stock and 316 shares of Class A Common Stock on a grant or award basis at a stated price of $0.00 per share.

The awards are structured as dividend equivalent rights (DERs), which each represent a contingent right to receive one share upon settlement. Related DERs generally vest in line with the underlying awards, with some DERs already fully vested and all subject to deferred delivery terms.

Positive

  • None.

Negative

  • None.
Insider ECKERT ROBERT
Role Director
Type Security Shares Price Value
Grant/Award Class B Common Stock 283 $0.00 --
Grant/Award Class A Common Stock 316 $0.00 --
Holdings After Transaction: Class B Common Stock — 219,701 shares (Direct); Class A Common Stock — 94,489 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 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. 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.
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
Estimated average burden
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*
ECKERT ROBERT

(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 316(1) A $0.00 94,489 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 283(3) (2) (2) Class A Common Stock 283 $0.00 219,701 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 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.
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did LEVI director Robert Eckert report on this Form 4?

Robert Eckert reported acquiring stock-based awards rather than trading shares in the market. He received 283 shares of Class B Common Stock and 316 shares of Class A Common Stock as grants, at a stated price of $0.00 per share, increasing his direct holdings.

How many LEVI Class A and Class B shares does Robert Eckert hold after the reported grants?

After these grants, Robert Eckert holds 94,489 shares of Class A Common Stock and 219,701 shares of Class B Common Stock directly. These balances reflect the additional 316 Class A shares and 283 Class B shares acquired through the reported dividend equivalent right awards.

What are dividend equivalent rights (DERs) in the context of LEVI’s director awards?

Dividend equivalent rights (DERs) give a contingent right to receive one share upon settlement for each right. For LEVI, DERs generally vest and are delivered on the same schedule as related awards, with some already fully vested and all subject to deferred delivery features described in the filing.

How do LEVI Class B Common Stock shares reported by Eckert relate to Class A shares?

Each share of LEVI Class B Common Stock is convertible into one share of Class A Common Stock at the holder’s option. The Class B shares have no expiration date, giving the holder flexibility to convert into Class A shares in the future if and when they choose.

Were the LEVI shares in Robert Eckert’s Form 4 acquired through market purchases or compensation awards?

The shares were acquired as compensation awards, not market purchases. The Form 4 shows transaction code “A” for grant, award, or other acquisition, and a transaction price of $0.00 per share, indicating stock-based compensation via dividend equivalent rights rather than cash buying.