Form 4: Levi Strauss & Co. Director Yael Garten Reports Acquisition of Class A Common Stock

Director Yael Garten reports acquiring 115 shares of Levi Strauss & Co. Class A Common Stock due to dividend equivalent rights.

Summary

• Yael Garten, a director of Levi Strauss & Co., filed a Form 4 on May 12, 2025, reporting a transaction that occurred on May 9, 2025.
• The transaction involved the acquisition of 115 shares of Class A Common Stock.
• These shares were acquired through dividend equivalent rights (DERs) at a price of $0.00.
• Following the transaction, Ms. Garten directly owns 60,255 shares of Class A Common Stock.
• 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 grant date.

Sentiment

Score: 6

Explanation: Neutral sentiment. The filing is a routine disclosure of a director's stock acquisition through dividend equivalent rights, which is a standard part of compensation. It doesn't inherently indicate positive or negative news about the company's performance.

Positives

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

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's increased stake in the company, which is generally viewed positively by investors.

Comparison to Industry Standards

• Insider transactions are common across publicly traded companies, and the reporting requirements are standardized by the SEC.
• Comparing Yael Garten's holdings and transactions to those of other directors in similar apparel companies (e.g., Nike, Adidas) could provide context, but the specific details of compensation and equity ownership vary widely.

Stakeholder Impact

• The increased ownership by a director could have a slightly positive impact on shareholder confidence.

Key Dates

Keywords

Form 4, Levi Strauss & Co, Director, Yael Garten, Class A Common Stock, Dividend Equivalent Rights, Beneficial Ownership, LEVI