Alstead Troy 4

What Happened

• Troy Alstead, a director of Levi Strauss & Co. (LEVI), was granted two awards on 2026-05-06: 80 shares at $0.00 and 284 derivative awards (DERs) at $0.00. The grants total 364 shares/rights and show $0 paid — these are company awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (appears within the typical two-business-day reporting window).
• Grants: 80 shares (direct award) and 284 derivative awards (DERs). Reported price: $0.00; reported value: $0.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes of note:
  • F1: DERs represent contingent rights to receive Class A common stock upon settlement; vest 100% by the earlier of the day before the next annual meeting or the first anniversary of grant.
  • F2: Each Class B share is convertible into one Class A share at the holder’s option and has no expiration.
  • F3: DERs may alternatively represent contingent rights to receive Class B common stock; these DERs are fully vested and the underlying Class B shares are subject to a deferral delivery feature.
• Transaction code: A = Award/Grant. This is a compensation award rather than a purchase (P) or sale (S).

Context

• DERs (dividend-equivalent rights) are contingency-based awards that convert to actual shares on settlement per the terms above; they are derivative in nature and may carry vesting or deferral provisions. Such awards are routine director compensation and represent company-issued compensation rather than an insider buying or selling stock in the open market.