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

Sentiment:

SEC Form 4 Filing


Director Jenny J. Ming acquired 88 shares of Class A Common Stock and 276 Dividend Equivalent Rights (DERs) representing Class B Common Stock in Levi Strauss & Co. through dividend equivalent rights.

Summary

  • On May 9, 2025, Jenny J. Ming, a director of Levi Strauss & Co., acquired 88 shares of Class A Common Stock and 276 DERs representing Class B Common Stock.
  • The acquisition of Class A Common Stock was through dividend equivalent rights at a price of $0.00.
  • The director also acquired 276 DERs representing Class B Common Stock, which are fully vested but subject to a deferral delivery feature.
  • Following these transactions, Ming directly owns 64,360 shares of Class A Common Stock and 59,665 DERs representing Class B Common Stock.
  • Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction. The director's acquisition of shares could be interpreted as a positive sign, but it's primarily a procedural disclosure.

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

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a routine acquisition of shares by a director.

Key Dates

DateDescription
05/09/2025Date of transaction: Acquisition of Class A Common Stock and Class B Common Stock Dividend Equivalent Rights.
05/12/2025Date of filing: Form 4 filing date.

Keywords

Levi Strauss & Co., Director, Share Acquisition, Dividend Equivalent Rights, Class A Common Stock, Class B Common Stock, Beneficial Ownership, Form 4

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