Form 4: Director Robert Eckert Acquires Levi Strauss RSUs
Statement of Changes in Beneficial Ownership
Director Robert Eckert acquired 8,381 restricted stock units in Levi Strauss & Co. as part of an equity grant.
Summary
- Director Robert Eckert 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 total beneficial ownership for the director following this transaction is 102,870 shares.
- The grant was issued at a price of $0.00 per unit.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to the timing of the next annual stockholder meeting or the first anniversary of the grant date.
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 non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder value in the apparel and retail sector.
Comparison to Industry Standards
- The grant of RSUs to directors is consistent with standard compensation practices for S&P 500 and mid-cap retail companies.
- The vesting schedule aligns with typical annual director compensation cycles observed in the consumer goods industry.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
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 the Form 4 was filed with the SEC. |
Keywords
Levi Strauss, LEVI, Form 4, Insider Trading, Director Compensation, Equity Grant
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.