ECKERT ROBERT 4

What Happened

• Robert Eckert, a director of Levi Strauss & Co. (LEVI), was granted a total of 599 shares on Feb 25, 2026: 316 shares reported as direct awards and 283 shares reported as derivative dividend-equivalent rights (DERs). Both components are reported at $0.00 acquisition price (awards, code A). The filing does not report a cash purchase; these are equity compensation awards and DERs, not open-market buys.

Key Details

• Transaction date: 2026-02-25. Report filed: 2026-02-27 (filed within the SEC’s typical 2-business-day window).
• Reported amounts/prices: 316 shares @ $0.00 (award); 283 DERs @ $0.00 (derivative award).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes summary:
  • F1: DERs (dividend-equivalent rights) represent contingent rights to receive Class A shares upon settlement; vest/deliver consistent with underlying awards; unvested awards vest earlier of the day before the next annual meeting or first anniversary of grant; some DERs are already fully vested; awards have a deferred-delivery feature.
  • F2: Class B shares are convertible into Class A shares at the holder’s option.
  • F3: Some DERs relate to Class B shares, are fully vested, and underlying Class B shares issued upon settlement are subject to deferred delivery.
• Filing timeliness: Filing appears timely (not late).

Context

• DERs are not immediate share transfers but contingent rights to receive shares (and may represent dividend equivalents) when settled; deferred delivery means the actual shares may be issued later. Director awards like this are routine compensation and do not, by themselves, indicate a buy or sell market signal.