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

Director David S. Marberger acquired 71 shares of Levi Strauss & Co. Class A Common Stock through dividend equivalent rights.

Summary

• On August 20, 2024, David S. Marberger, a director of Levi Strauss & Co., acquired 71 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 10,586 shares of Levi Strauss & Co. Class A Common Stock.
• The dividend equivalent rights vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares suggests confidence, but the amount is small and related to dividend rights, not a direct purchase.

Positives

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

Industry Context

Acquisitions of shares by company directors are common and are usually seen as a sign of confidence in the company's future.

Key Dates