Alstead Troy 4
4 · LEVI STRAUSS & CO · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Levi Strauss (LEVI) Director Troy Alstead Receives Award
What Happened Troy Alstead, a director of Levi Strauss & Co. (LEVI), received equity awards on 2026-02-25 consisting of 75 shares and 294 derivative awards (DERs). Both grants were recorded at $0.00 per share (awards/compensation), so there was no cash payment. These transactions are grants/awards (not open-market purchases or sales).
Key Details
- Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (appears timely).
- Grants: 75 shares acquired @ $0.00; 294 derivative units acquired @ $0.00.
- Shares owned after transaction: not specified in this filing.
- Footnotes of note:
- F1: Some DERs represent dividend-equivalent rights that convert to Class A common stock upon settlement; these DERs vest 100% by the earlier of the day before the next annual meeting or one year after grant.
- F2: Each Class B share is convertible into one Class A share at the holder’s option (no expiration).
- F3: Some DERs represent rights to receive Class B common stock on settlement; these DERs are fully vested but the underlying Class B shares are subject to deferred delivery.
- Transaction code: A = Award/Grant.
Context Dividend-equivalent rights (DERs) are contingent rights to receive shares in the future upon settlement; they are different from an immediate open-market purchase and may vest or settle later per the noted terms. Grants to directors are a common form of compensation and do not, by themselves, indicate the director’s view on the stock.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-25+75→ 122,776 total - Award
Class B Common Stock
[F2][F3]2026-02-25+294→ 46,794 totalExercise: $0.00→ Class A Common Stock (294 underlying)
Footnotes (3)
- [F1]Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. The DERs shall vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant of the underlying award.
- [F2]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
- [F3]Represents DERs, each of which represents a contingent right to receive one share of the issuer's Class B Common Stock upon settlement. The DERs are fully vested. The underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature.