Form 4: Levi Strauss & Co. Director Elliott Rodgers Reports Changes in Beneficial Ownership

Director Elliott Rodgers reports acquisition of Levi Strauss & Co. Class A Common Stock through dividend reinvestment and dividend equivalent rights.

Summary

• On August 20, 2024, Elliott Rodgers, a director of Levi Strauss & Co., acquired 167 shares of Class A Common Stock through a dividend reinvestment program at a price of $19.321 per share.
• Rodgers also acquired 84 shares of Class A Common Stock through dividend equivalent rights (DER) at a price of $0.00.
• Following these transactions, Rodgers' total beneficial ownership of Class A Common Stock is 37,576 shares.
• 32 of the DERs are fully vested, and 52 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: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment about the company's performance or prospects.

Positives

• The acquisition of shares through dividend reinvestment and dividend equivalent rights indicates a continued investment in the company by a director.

Industry Context

This filing is a routine disclosure of a director's transactions in company stock, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are comparable across all publicly traded companies.
• The information provided is consistent with the level of detail expected in such filings.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates