Davis Timothy Joseph 4

What Happened

Davis Timothy Joseph, SVP & Global Controller of Levi Strauss & Co. (LEVI), was granted 11,753 restricted stock units (RSUs) on January 30, 2026. The RSUs were reported at an acquisition price of $0.00 (grant award), so there was no cash transaction or sale value at grant. This is an equity compensation award, not a purchase or sale of shares.

Key Details

• Transaction date: 2026-01-30 — Grant/award (code A): 11,753 RSUs @ $0.00.
• Filing date: Form 4 filed 2026-02-03 (appears to be within the standard two-business-day reporting window).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Each RSU represents a contingent right to one share of Class A common stock upon settlement. Vesting is in four equal installments (25% each) on 2027-01-29, 2028-01-28, 2029-01-26, and 2030-01-25, subject to continued service.
• No 10b5-1 plan, tax-withholding net settlement, or immediate sale noted in the filing.

Context

RSUs are a common form of long-term incentive for executives; they do not require an upfront cash purchase and only convert to actual shares if vesting conditions (here, continued service through each vest date) are met. Grants like this increase potential future insider ownership but do not by themselves indicate a near-term buy or sell signal.