Form 4: Director Jill Beraud Increases Stake in Levi Strauss & Co
Statement of Changes in Beneficial Ownership
Director Jill Beraud acquired additional Class A and Class B common stock units via dividend equivalent rights.
Summary
- Director Jill Beraud received 50 shares of Class A Common Stock via dividend equivalent rights (DERs).
- Director Jill Beraud received 86 shares of Class B Common Stock via dividend equivalent rights (DERs).
- The Class A shares vest on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant.
- The Class B shares are fully vested but subject to a deferred delivery feature.
- Following these transactions, the director holds 181,207 shares of Class A Common Stock and 14,371 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation rather than a market-moving event.
Positives
- Director demonstrates continued alignment with shareholder interests through increased equity holdings.
Future Outlook
No specific forward-looking guidance provided; the filing relates to routine equity compensation and dividend equivalent rights.
Industry Context
StockSavvy.ai notes that routine equity acquisitions by directors via dividend equivalent rights are standard corporate governance practices and do not typically signal a change in strategic direction.
Comparison to Industry Standards
- The transaction aligns with standard executive compensation practices for large-cap consumer retail companies.
- The use of DERs is a common mechanism to ensure directors maintain economic parity with shareholders regarding dividend distributions.
Stakeholder Impact
- Minimal impact on shareholders as this represents standard equity-based compensation for a director.
Next Steps
- Vesting of Class A DERs on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant.
Key Dates
| Date | Description |
|---|---|
| 05/06/2026 | Date of the reported transactions involving Class A and Class B common stock. |
| 05/08/2026 | Date the Form 4 was signed and filed. |
Keywords
Levi Strauss, LEVI, Insider Trading, Director Ownership, Dividend Equivalent Rights
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