Form 4: Levi Strauss & Co. Director Acquires Restricted Stock Units

Director Elliott Rodgers acquired 11,690 restricted stock units of Levi Strauss & Co. on April 23, 2025.

Summary

• On April 23, 2025, Elliott Rodgers, a director of Levi Strauss & Co., acquired 11,690 shares of Class A Common Stock in the form of restricted stock units (RSUs).
• The RSUs were acquired at a price of $0.00.
• Following the transaction, Rodgers directly owns 49,832 shares of Class A Common Stock.
• Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement.
• The RSUs will vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction and disclosure. The acquisition of RSUs by a director is generally viewed as a positive sign, but it's not a major event.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs will vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date, indicating a future event tied to the company's performance and governance.

Industry Context

This filing is a routine disclosure of a director's acquisition of company stock, which is common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the holdings of a company director.
• The acquisition of RSUs aligns the director's interests with those of the shareholders.

Next Steps

• The RSUs will vest in the future, either the day before the next annual stockholder meeting or the first anniversary of the grant date.

Key Dates

Keywords

Levi Strauss & Co., Elliott Rodgers, Director, Restricted Stock Units, RSUs, Class A Common Stock, Beneficial Ownership, Form 4