Geballe Daniel W 4
Research Summary
AI-generated summary
Levi Strauss (LEVI) Director Daniel W. Geballe Receives 8,381 RSU Award
What Happened
- Daniel W. Geballe, a director of Levi Strauss & Co. (LEVI), received an award of 8,381 restricted stock units (RSUs) on 2026-04-22. The grant is reported as an acquisition (code A) at $0.00 per share (i.e., no cash paid at grant). Each RSU represents a contingent right to receive one share of Class A common stock upon settlement.
Key Details
- Transaction date: 2026-04-22; Filing date: 2026-04-24 (filed within the typical 2-business-day Form 4 window).
- Shares/units granted: 8,381 RSUs; reported price: $0.00 (grant/award).
- Shares owned after transaction: not specified in this filing.
- Footnote F1: RSUs convert to one share each upon settlement and will vest in full the earlier of the day before the next annual stockholder meeting or the first anniversary of the grant date.
- Transaction code: A (award/grant).
Context
- RSU grants are a common form of director/employee compensation and are typically subject to vesting and potential forfeiture until settlement. This award does not represent an open-market purchase or sale and does not immediately change public float or indicate a near-term sale. For retail investors, such grants are informational about compensation practices but are not a direct signal of insider buying/selling intent.