ECKERT ROBERT 4
Research Summary
AI-generated summary
Levi Strauss (LEVI) Director Robert Eckert Receives 8,381 RSU Award
What Happened
Robert Eckert, a director of Levi Strauss & Co. (LEVI), received an award of 8,381 restricted stock units (RSUs) on April 22, 2026. The Form 4 reports the acquisition at $0.00 (award/grant), meaning no cash was paid by the insider at grant. Each RSU represents a contingent right to one share of Class A common stock upon settlement.
Key Details
- Transaction date: 2026-04-22; Form 4 filed 2026-04-24 (timely filing).
- Type: Award/grant (Form 4 code A); amount: 8,381 RSUs; reported price: $0.00.
- Vesting: RSUs vest in full on the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date (per footnote).
- Shares owned after transaction: Not specified in the information provided on this filing.
- No 10b5-1 plan, tax-withholding, or sale in connection with the grant was noted in the reported transaction.
Context
RSU grants are compensation awards that convert to actual shares only upon vesting/settlement; they are not immediate open-market purchases or sales. Such grants are common for directors and executives and do not by themselves indicate buying or selling sentiment by the insider.