Form 4: Levi Strauss & Co. Director Acquires Additional Shares Through Dividend Equivalent Rights

Director David S. Marberger acquired 76 shares of Levi Strauss & Co. Class A Common Stock through dividend equivalent rights.

Summary

• On February 28, 2025, David S. Marberger, a director of Levi Strauss & Co., acquired 76 shares of Class A Common Stock.
• The acquisition was through dividend equivalent rights (DERs) at a price of $0.00.
• Following the transaction, Marberger directly owns 10,744 shares of Class A Common Stock.
• 20 of the DERs are fully vested, and 56 of the DERs will vest on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant.
• Certain shares of the underlying Class A Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation. There is no indication of significant positive or negative implications.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are routinely monitored and reported as part of regulatory compliance and provide insights into management's perspective on the company's valuation and prospects.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals director confidence.

Key Dates