MARBERGER DAVID S 4

What Happened

• David S. Marberger, a director of Levi Strauss & Co. (LEVI), was granted 93 dividend-equivalent rights (DERs) on 2026-02-25. The reported acquisition price is $0.00 (i.e., an award/compensation grant), so no cash was paid by the insider.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (filed within the typical 2-business-day window).
• Amount acquired: 93 DERs; reported price: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the information provided.
• Footnote summary: Each DER is a contingent right to receive one Class A common share upon settlement. DERs vest and are delivered consistent with the underlying awards. Unvested awards (and related DERs) vest 100% on the earlier of the day before the next annual stockholder meeting or the first anniversary of grant. Some underlying awards are already vested but subject to deferred delivery; the same deferred-delivery terms apply to the related DERs.

Context

• These are compensation-related derivative awards (not an open-market purchase or sale). DER grants are common as part of director pay and do not by themselves indicate a buy/sell signal from the insider. The DERs will convert to shares only upon settlement according to the vesting and delivery terms noted above.