Levi Strauss Director Troy Alstead Receives Stock Award

What Happened Troy Alstead, a director of Levi Strauss & Co. (LEVI), received equity awards on August 5, 2026. The filing reports acquisition of 85 shares at $0.00 (direct award) and 304 shares reported as derivative awards (DERs) at $0.00. These were grants (transaction code A), not open‑market purchases or sales, and carry no cash outlay at grant.

Key Details

• Transaction date: 2026-08-05; Filing date: 2026-08-07 (filed within the typical two-business-day Form 4 window).
• Reported amounts and prices: 85 shares @ $0.00 (acquired); 304 derivative units (DERs) @ $0.00 (acquired).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: DERs may represent contingent rights to receive Class A shares upon settlement; these DERs vest 100% on the earlier of the day before the next annual meeting or one year from grant.
  • F2: Each Class B share is convertible into one Class A share at the holder’s option (no expiration).
  • F3: Some DERs represent contingent rights to receive Class B shares, are fully vested, and the underlying Class B shares are subject to a deferral delivery feature.
• Transaction type: Award/grant (A); no sale or cash received.

Context This filing documents compensation-related equity awards rather than a market buy or sale. DERs are contingent rights tied to future share settlement (not immediate share ownership) and may convert to Class A or Class B stock per the notes. Such grants are commonly part of director compensation and don’t directly indicate the director’s personal trading sentiment.