Form 4: Director Elliott Rodgers Receives Levi Strauss RSU Grant
Statement of Changes in Beneficial Ownership
Director Elliott Rodgers acquired 8,381 restricted stock units in Levi Strauss & Co. as part of an equity compensation grant.
Summary
- Director Elliott Rodgers was granted 8,381 restricted stock units (RSUs) on April 22, 2026.
- Each RSU represents a contingent right to receive one share of Class A Common Stock.
- The grant is valued at $0.00 per unit as it represents equity compensation.
- Following this transaction, the director's total beneficial ownership is 59,619 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified; this is a standard equity grant for a board member.
Risks
- Vesting is subject to the director's continued service until the next annual meeting or the first anniversary of the grant.
Future Outlook
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.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to ensure directors maintain a vested interest in the company's long-term performance.
Comparison to Industry Standards
- The grant of RSUs to non-employee directors is consistent with standard compensation practices for S&P 500 and retail apparel companies.
- The vesting schedule aligns with typical annual director compensation cycles observed in the consumer goods sector.
Stakeholder Impact
- Minimal impact on shareholders; represents standard director equity compensation.
Next Steps
- Vesting of the 8,381 RSUs upon the earlier of the next annual stockholder meeting or April 22, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/22/2026 | Date of the RSU grant transaction. |
| 04/24/2026 | Date of filing with the SEC. |
Keywords
Levi Strauss, LEVI, Form 4, Insider Trading, Equity Compensation, Director Compensation
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