Form 4: Levi Strauss & Co. Director Elliott Rodgers Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Elliott Rodgers reports acquisition of shares and dividend equivalent rights in Levi Strauss & Co. through a dividend reinvestment program.
Summary
- On May 8, 2025, Director Elliott Rodgers acquired 253 shares of Levi Strauss & Co. Class A Common Stock at a price of $17.095 per share through a dividend reinvestment program.
- On May 9, 2025, Rodgers also acquired 124 dividend equivalent rights (DERs), each representing a contingent right to receive one share of Class A Common Stock upon settlement.
- Following these transactions, Rodgers beneficially owns 50,209 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects routine transactions and continued investment by a director, indicating confidence in the company.
Positives
- The acquisition of shares through a dividend reinvestment program indicates a continued investment and confidence in the company by the director.
Future Outlook
The DERs vest and are delivered consistent with the underlying awards to which they relate, with unvested awards vesting fully 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.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder confidence due to the director's continued investment.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Acquisition of 253 shares of Class A Common Stock through dividend reinvestment. |
| 05/09/2025 | Acquisition of 124 dividend equivalent rights (DERs). |
| 05/12/2025 | Date of signature by Attorney-in-Fact. |
Keywords
beneficial ownership, Form 4, Levi Strauss & Co., director, Elliott Rodgers, dividend reinvestment, Class A Common Stock, DERs
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