Form 4: Levi Strauss & Co. Director Receives Dividend Equivalent Rights

Robert Eckert, a director at Levi Strauss & Co., acquired dividend equivalent rights (DERs) representing a contingent right to receive Class A and Class B Common Stock.

Summary

• On May 9, 2025, Robert Eckert, a director of Levi Strauss & Co., acquired 370 dividend equivalent rights (DERs) representing a contingent right to receive Class A Common Stock.
• These DERs vest and are delivered consistently with the underlying awards to which they relate.
• Eckert also acquired 331 DERs representing a contingent right to receive Class B Common Stock, which are fully vested but subject to a deferred delivery feature.
• Following these transactions, Eckert beneficially owns 93,469 shares of Class A Common Stock and 218,789 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a transaction by a company director. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves the acquisition of dividend equivalent rights by a director, which is a form of compensation.

Key Dates

Keywords

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