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

Director Artemis Patrick acquired 104 shares of Levi Strauss & Co. Class A Common Stock through dividend equivalent rights on May 9, 2025.

Summary

• On May 9, 2025, Artemis Patrick, a director of Levi Strauss & Co., acquired 104 shares of Class A Common Stock.
• The acquisition was through dividend equivalent rights (DERs) at a price of $0.00.
• Following the transaction, Patrick directly owns 13,979 shares of Class A Common Stock.
• The DERs vest and are delivered consistent with the underlying awards to which they relate.
• Unvested awards and the related DERs 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 of the underlying award.
• Certain underlying awards are fully vested and are subject to a deferred delivery feature, these same terms apply to the related DERs.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction related to dividend equivalent rights. The director's acquisition is a mildly positive signal.

Positives

• The director's acquisition of shares, even through dividend rights, can be seen as a positive signal, indicating confidence in the company.

Industry Context

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

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

Levi Strauss & Co, Director, Artemis Patrick, Class A Common Stock, Dividend Equivalent Rights, Beneficial Ownership, SEC Form 4