Alstead Troy 4

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.