Jones Jeffrey J II 4

What Happened

• Jeffrey J. Jones II, a director of Levi Strauss & Co. (LEVI), was granted 13 shares as an award (transaction code A) on February 25, 2026. The shares were reported at $0.00 per share (award/DERs), so there was no cash paid for the acquisition. These awards are dividend-equivalent rights (DERs) that represent a contingent right to receive one share upon settlement.

Key Details

• Transaction date: 2026-02-25; Filing date: 2026-02-27 (filed within the standard Form 4 deadline).
• Price: $0.00 per share; total reported cash value: $0.
• Shares acquired: 13 award/DERs.
• Shares owned after transaction: not disclosed in the provided filing details.
• Notable footnote: the DERs vest 100% on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant; underlying awards have a deferred delivery feature and the same terms apply to the DERs.
• Transaction type: Award/Grant (A) — not an open‑market purchase or sale.

Context

• DERs are contingent rights that convert to actual shares only upon settlement, and the awards’ deferred delivery means Jones may not receive the shares immediately even after vesting.
• Awards to directors are typically part of routine compensation and do not necessarily signal the director’s view of the stock’s near-term prospects.