Davis Timothy Joseph 4

What Happened Timothy Davis, SVP and Global Controller of Levi Strauss & Co. (LEVI), was granted 18,001 restricted stock units (RSUs) on May 1, 2026. The grant is recorded at $0.00 (no cash exchanged at grant); each RSU represents a contingent right to one share of Class A common stock upon settlement. This is an award/compensation grant rather than a market purchase or sale.

Key Details

• Transaction date and filing: Grant dated May 1, 2026; Form 4 filed May 5, 2026.
• Grant specifics: 18,001 RSUs granted; price reported as $0.00.
• Vesting: RSUs vest in two equal installments — 50% on May 3, 2027 and 50% on May 1, 2028, subject to continuous service through each vesting date (see footnote F1).
• Shares owned after the transaction: Not disclosed in the filing.
• Filing timeliness: Form filed May 5, 2026 (see filing date on the report).

Context RSU grants are a common form of executive compensation and do not represent an immediate purchase or sale of shares. The units only convert to actual shares upon settlement after vesting and are contingent on continued service. Such awards are routine and do not by themselves signal insider buying or selling intent.