Director at Levi Strauss (NYSE: LEVI) awarded 8,381 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MING JENNY J reported acquisition or exercise transactions in this Form 4 filing.
Levi Strauss & Co. director Jenny J. Ming received an equity award of 8,381 restricted stock units (RSUs) of Class A Common Stock. The grant price is listed as $0.00 because this is a compensation award, not an open-market purchase.
Each RSU represents a right to receive one share of Class A Common Stock upon settlement. The RSUs will vest in full on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date. After this grant, Ming directly holds 72,983 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MING JENNY J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,381 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 72,983 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 8,381 units
Grant price per share: $0.00 per share
Shares held after transaction: 72,983 shares
3 metrics
RSUs granted
8,381 units
Restricted stock units of Class A Common Stock granted to director Jenny J. Ming
Grant price per share
$0.00 per share
Compensation-related RSU award, not an open-market purchase
Shares held after transaction
72,983 shares
Total Class A Common Stock directly held by Jenny J. Ming following the grant
Key Terms
restricted stock units (RSUs), Class A Common Stock, annual stockholder meeting, Form 4
4 terms
restricted stock units (RSUs) financial
"Represents the acquisition of restricted stock units (RSUs). Each RSU represents a contingent right"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual stockholder meeting financial
"will vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) shows the grant to the reporting director"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Levi Strauss (LEVI) director Jenny Ming report?
Jenny J. Ming reported receiving 8,381 restricted stock units (RSUs) of Levi Strauss Class A Common Stock as a compensation grant. This award increased her direct holdings to 72,983 shares after the transaction, according to the Form 4 filing details.
Was Jenny Ming’s Levi Strauss (LEVI) transaction a stock purchase or a grant?
The transaction was a grant of 8,381 restricted stock units, not an open-market stock purchase. The Form 4 lists a price of $0.00 per share, indicating a compensation-related award rather than a voluntary buy in the market.
How do Jenny Ming’s new RSUs at Levi Strauss (LEVI) vest?
The 8,381 RSUs vest in full on the earlier of two dates: the day before Levi Strauss’s next annual stockholder meeting or the first anniversary of the grant date. Once vested, each RSU settles into one share of Class A Common Stock.
What type of security did Jenny Ming receive from Levi Strauss (LEVI)?
Jenny J. Ming received restricted stock units (RSUs) tied to Levi Strauss Class A Common Stock. Each RSU represents a contingent right to one share upon settlement, subject to vesting based on the schedule described in the Form 4 footnote.