Geballe Daniel W 4
4 · LEVI STRAUSS & CO · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Levi Strauss (LEVI) Director Daniel Geballe Receives 121-Share Award
What Happened
Daniel W. Geballe, a director of Levi Strauss & Co. (LEVI), was granted 121 shares via an award (transaction code A) on May 6, 2026. The reported acquisition price is $0.00 — these are dividend-equivalent rights (DERs), which are contingent rights to receive shares upon settlement rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (appears timely; Form 4s are due within two business days).
- Award: 121 DERs (reported as 121 shares) at $0.00 per share.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: The DERs represent contingent rights to receive one Class A share each upon settlement. DERs vest and will be delivered consistent with the underlying awards — unvested awards and related DERs vest 100% on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant. Some underlying awards are already vested but subject to deferred delivery; the same terms apply to the related DERs.
- Transaction type: Award/compensation (not a purchase or sale of stock).
Context
This is a compensation grant (DERs) rather than a market buy or sale, so it reflects company compensation practices rather than an immediate trading signal. DERs convert to actual shares only upon settlement/vesting per the terms noted above.
Insider Transaction Report
Form 4
Geballe Daniel W
Director
Transactions
- Award
Class A Common Stock
[F1]2026-05-06+121→ 20,293 total
Footnotes (1)
- [F1]Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement. The DERs vest and are delivered consistent with the underlying awards to which they relate. Unvested awards and the related DERs vest as to 100% of the shares on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the date of grant of the underlying award. Certain underlying awards are fully vested and are subject to a deferred delivery feature, these same terms apply to the related DERs.
Signature
/s/ Priscilla Duncan-Tannous, Attorney-in-Fact|2026-05-08