Form 4: Levi Strauss Director Granted 2,067 RSUs

Levi Strauss & Co. Director Jeffrey J Jones II was granted 2,067 restricted stock units, vesting in 2027.

Summary

• Jeffrey J Jones II, a Director at Levi Strauss & Co. (LEVI), was granted 2,067 shares of Class A Common Stock.
• The shares are represented by Restricted Stock Units (RSUs), with each RSU representing a contingent right to receive one share of Class A Common Stock.
• The transaction date for this grant was January 21, 2026.
• The RSUs will vest 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant (January 21, 2027).
• All RSUs are subject to a deferral delivery feature.
• The acquisition price for these RSUs was $0.00 per share.
• Following this transaction, Jeffrey J Jones II beneficially owns 2,067 shares of Class A Common Stock directly.

Sentiment

Score: 6

Explanation: The filing reports a standard equity grant to a director, which is a neutral to slightly positive event as it aligns management incentives with shareholder interests. It does not contain information that would significantly alter the company's financial outlook or operational performance.

Positives

• The grant of Restricted Stock Units (RSUs) to Director Jeffrey J Jones II aligns his interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• RSU grants are a common form of equity compensation, indicating standard corporate governance practices for director remuneration.

Future Outlook

The granted Restricted Stock Units are scheduled to vest on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant date (January 21, 2027), at which point the director will receive the underlying shares of Class A Common Stock, subject to deferral delivery.

Industry Context

The grant of Restricted Stock Units to a director is a standard practice in corporate compensation across various industries, including the apparel sector, to incentivize long-term performance and align leadership interests with shareholder value.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) for director compensation is a widely adopted practice among publicly traded companies, including peers in the retail and apparel industry, such as PVH Corp. (PVH) or Ralph Lauren Corporation (RL).
• The vesting schedule, typically tied to a specific future date or continued service, is consistent with common industry benchmarks for equity awards designed to retain talent and promote long-term commitment.
• The grant price of $0.00 for RSUs is standard, as RSUs represent a right to receive shares upon vesting, rather than an option to purchase.

Corporate Governance

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests with shareholder value creation, as the value of the award is dependent on the company's stock performance.
• Employees: No direct impact on general employees is indicated by this specific filing.

Next Steps

• The Restricted Stock Units will vest on the earlier of the day before the next Annual Stockholder Meeting or January 21, 2027.

Key Dates

Keywords

LEVI, Levi Strauss, Form 4, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, Equity Grant