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

Director Yael Garten reported the acquisition of 76 shares of Levi Strauss & Co. Class A Common Stock through dividend equivalent rights on August 20, 2024.

Summary

• On August 20, 2024, Yael Garten, a director of Levi Strauss & Co., acquired 76 shares of Class A Common Stock.
• The acquisition was through dividend equivalent rights (DERs) at a price of $0.00 per share.
• Following the transaction, Garten directly owns 48,280 shares of Class A Common Stock.
• 24 of the DERs are fully vested, while 52 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: 6

Explanation: The sentiment is neutral as it's a standard regulatory filing detailing an insider transaction. The acquisition of shares by a director is generally viewed as a positive sign, but it's not a major event.

Positives

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Key Dates