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

Director Jill Beraud acquired 60 shares of Class A Common Stock and 106 shares of Class B Common Stock through dividend equivalent rights.

Summary

• Jill Beraud, a director at Levi Strauss & Co., acquired 60 shares of Class A Common Stock and 106 shares of Class B Common Stock on November 14, 2024.
• These shares were acquired through dividend equivalent rights (DERs).
• The Class A DERs vest fully on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant date.
• The Class B DERs are fully vested.
• Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the holder's option.
• Following these transactions, Ms. Beraud directly owns 52,021 shares of Class A Common Stock and 122,474 shares of Class B Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction by a company director, which is generally viewed neutrally to slightly positive as it indicates confidence in the company. There is no negative information.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It is a routine disclosure and does not indicate any specific industry trend.

Comparison to Industry Standards

• This type of filing is standard practice for publicly traded companies in the United States.
• Many directors and officers of public companies receive stock-based compensation, including dividend equivalent rights.
• The reporting requirements are consistent across all companies listed on US stock exchanges.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows a director's confidence in the company.

Key Dates

Keywords

Levi Strauss & Co, Director, Jill Beraud, Dividend Equivalent Rights, Class A Common Stock, Class B Common Stock, Share Acquisition, Insider Trading