Form 4: Levi Strauss Director Acquires 97 Shares

Levi Strauss & Co. Director Patrick Artemis acquired 97 shares of Class A Common Stock through dividend equivalent rights.

Summary

• Director Patrick Artemis of Levi Strauss & Co. acquired 97 shares of the company's Class A Common Stock.
• The acquisition occurred on August 8, 2025, at a price of $0.00 per share.
• These shares represent Dividend Equivalent Rights (DERs), which are contingent rights to receive Class A Common Stock upon settlement.
• DERs vest and are delivered consistent with their underlying awards, typically vesting 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the underlying award's grant date.
• Following this transaction, Patrick Artemis directly beneficially owns 14,076 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if through dividend equivalent rights, generally indicates continued alignment of interests with shareholders and confidence in the company. It's a positive, albeit minor, signal.

Positives

• An insider, Director Patrick Artemis, increased their direct beneficial ownership in the company, which can signal confidence in the company's future performance.
• The acquisition of Dividend Equivalent Rights (DERs) indicates the company is distributing dividends in the form of shares on existing equity awards, which is a common practice for executive compensation.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance, as its purpose is to report an insider's change in beneficial ownership.

Industry Context

This Form 4 filing reports a routine insider transaction related to equity compensation and does not provide information relevant to broader industry trends or competitor analysis.

Comparison to Industry Standards

• This filing details a standard insider transaction (acquisition of dividend equivalent rights) and does not provide financial or operational results that can be directly compared to industry benchmarks or specific comparable companies/projects.

Stakeholder Impact

• Shareholders: The increase in director ownership, even through DERs, aligns management interests with shareholders, potentially fostering confidence.
• Employees: The nature of the transaction (DERs) relates to executive compensation, which is part of the broader employee compensation structure.

Next Steps

• The DERs will vest and be delivered consistent with their underlying awards, typically on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the underlying award's grant date.

Key Dates

Recommendation

This Form 4 filing reports a routine insider transaction where a director acquired shares via dividend equivalent rights. While it shows continued insider ownership and alignment, it does not provide new material information or financial performance data to warrant a change in investment recommendation. It's a standard compensation-related event.

Keywords

Levi Strauss, LEVI, Form 4, Insider Trading, Director, Stock Acquisition, Dividend Equivalent Rights, Equity Compensation