Form 4: Levi Strauss Director Acquires Shares via DERs

Levi Strauss & Co. Director Patrick Artemis acquired 89 shares of Class A Common Stock through dividend equivalent rights, increasing direct beneficial ownership to 14,265 shares.

Summary

• Patrick Artemis, a Director at Levi Strauss & Co., acquired 89 shares of Class A Common Stock on February 25, 2026.
• The acquisition was made at a price of $0.00 per share and represents dividend equivalent rights (DERs).
• Following this transaction, Patrick Artemis directly beneficially owns a total of 14,265 shares of Class A Common Stock.
• The DERs are contingent rights to receive one share of Class A Common Stock upon settlement.
• These DERs vest and are delivered consistent with their underlying awards, either on the day before the next Annual Stockholder Meeting or the first anniversary of the underlying award's grant date.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting a routine compensation-related acquisition by a director, which increases their direct stake in the company.

Positives

• Director Patrick Artemis increased direct beneficial ownership in Levi Strauss & Co. by 89 shares.
• The acquisition of dividend equivalent rights (DERs) indicates ongoing participation in the company's equity compensation structure, aligning director interests with shareholders.

Future Outlook

Dividend equivalent rights (DERs) are contingent rights to receive Class A Common Stock, vesting and delivered consistent with underlying awards. Vesting occurs on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the underlying award's grant date. Some underlying awards are fully vested but subject to deferred delivery.

Industry Context

StockSavvy.ai notes that insider transactions, even non-open market purchases like dividend equivalent rights, are routinely monitored by investors for insights into management's alignment with shareholder interests. This specific transaction reflects a standard component of executive and director compensation plans within the retail apparel industry.

Related Party Transactions

• Acquisition of 89 shares through dividend equivalent rights (DERs) by Director Patrick Artemis, representing a compensation-related transaction between a director and the company.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders due to increased equity ownership.

Next Steps

• Vesting and delivery of the dividend equivalent rights (DERs) will occur consistent with the underlying awards, either before the next Annual Stockholder Meeting or on the first anniversary of the underlying award's grant date.

Key Dates

Recommendation

This Form 4 filing details a routine acquisition of shares by a director through dividend equivalent rights as part of their compensation. While it slightly increases insider ownership, it does not represent a significant open market transaction or new fundamental information that would warrant a change in investment recommendation based solely on this filing.

Keywords

LEVI, Levi Strauss, Form 4, insider transaction, director, stock acquisition, dividend equivalent rights, equity compensation