Patrick Artemis 4

What Happened

• Patrick Artemis, a director of Levi Strauss & Co. (LEVI), received an award of 63 shares (reported as dividend equivalent rights) on 2026-05-06. The reported acquisition price was $0.00, so the transaction had no immediate cash value on the Form 4.

Key Details

• Transaction date: 2026-05-06; Form 4 filed 2026-05-08 (appears timely).
• Transaction type/code: A — Grant/Award.
• Shares involved: 63 DERs acquired at $0.00 (total reported consideration $0).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: These are dividend equivalent rights (DERs) — contingent rights to receive one share of Class A common stock upon settlement. Vesting/delivery follows the underlying awards; unvested awards and related DERs vest 100% on the earlier of the day before the next annual meeting or the first anniversary of the grant. Some underlying awards are already vested but subject to deferred delivery; the same terms apply to related DERs.

Context

• DERs are a form of contingent compensation tied to underlying equity awards and do not represent an immediate open-market purchase or sale; settlement (share delivery) may occur later and is subject to vesting and any deferral rules. Such director awards are a routine part of non-employee director compensation and do not, by themselves, indicate a buy/sell signal.