STOCK TITAN

Director Troy Alstead receives equity awards at Levi Strauss (NYSE: LEVI)

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

Rhea-AI Filing Summary

Alstead Troy reported acquisition or exercise transactions in this Form 4 filing.

Levi Strauss & Co. director Troy Alstead received equity-based awards on Class A and Class B shares as part of compensation, rather than making any open-market trades. He was granted 80 dividend equivalent rights on Class A Common Stock, which each represent a contingent right to receive one Class A share and will vest in full on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant.

He was also granted 284 dividend equivalent rights on Class B Common Stock, which are fully vested and subject to a deferral delivery feature. Following these awards, Alstead directly holds 136,026 shares of Class A Common Stock and 47,078 shares of Class B Common Stock. 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.

Positive

  • None.

Negative

  • None.
Insider Alstead Troy
Role null
Type Security Shares Price Value
Grant/Award Class B Common Stock 284 $0.00 --
Grant/Award Class A Common Stock 80 $0.00 --
Holdings After Transaction: Class B Common Stock — 47,078 shares (Direct, null); Class A Common Stock — 136,026 shares (Direct, null)
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.
Class A DERs granted 80 units Dividend equivalent rights on Class A Common Stock granted on May 6, 2026
Class B DERs granted 284 units Dividend equivalent rights on Class B Common Stock granted on May 6, 2026
Class A shares held 136,026 shares Direct Class A Common Stock holdings after transactions
Class B shares held 47,078 shares Direct Class B Common Stock holdings after transactions
Transaction price per share $0.0000 Grant/award acquisition, not open-market purchase or sale
dividend equivalent rights (DERs) financial
"Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share"
Annual Stockholder Meeting financial
"shall vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
deferral delivery feature financial
"The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature"
SEC Form 4
FORM 4UNITED 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*
Alstead Troy

(Last)(First)(Middle)
C/O LEVI STRAUSS & CO.
1155 BATTERY STREET

(Street)
SAN FRANCISCO CALIFORNIA 94111

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LEVI STRAUSS & CO [ LEVI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/06/2026A80(1)A$0.00136,026D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock$0.00(2)05/06/2026A284(3) (2) (2)Class A Common Stock284$0.0047,078D
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-Fact05/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Levi (LEVI) director Troy Alstead report in this Form 4?

Troy Alstead reported receiving equity-based awards, not open-market trades. He was granted dividend equivalent rights tied to Levi Strauss Class A and Class B Common Stock, increasing his contingent rights to receive additional shares under the company’s compensation programs.

What are Troy Alstead’s Levi Strauss (LEVI) share holdings after these transactions?

After the reported awards, Troy Alstead directly holds 136,026 shares of Levi Strauss Class A Common Stock and 47,078 shares of Class B Common Stock. These figures reflect his position immediately following the Form 4 transactions disclosed on the reported date.

How does Levi Strauss (LEVI) Class B Common Stock relate to Class A shares?

Each share of Levi Strauss Class B Common Stock is convertible into one Class A share at the option of the holder. The filing notes this conversion right has no expiration date, providing long-term flexibility for holders of Class B shares.

When will Troy Alstead’s new Levi (LEVI) Class A dividend equivalent rights vest?

The 80 Class A dividend equivalent rights will vest 100% on the earlier of two dates. Vesting occurs either the day before Levi Strauss’s next Annual Stockholder Meeting or on the first anniversary of the grant date, whichever comes first under the award terms.