Levi Strauss Director Jeffrey J. Jones II Receives 67-Share Award

What Happened
Jeffrey J. Jones II, a director of Levi Strauss & Co. (LEVI), received a grant of 67 dividend-equivalent rights (DERs) on August 5, 2026. The award was granted at $0.00 cash cost to the insider; each DER represents a contingent right to receive one share of Class A common stock upon settlement.

Key Details

• Transaction type: Award/Grant (code A).
• Transaction date: August 5, 2026; Form 4 filed August 7, 2026 (timely filing).
• Shares/units granted: 67 DERs; exercise/purchase price shown as $0.00 (no cash paid).
• Shares owned after transaction: Not specified in this filing.
• Footnote: 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 related awards are already vested but subject to deferred delivery; the DERs follow the same terms.

Context
This was a compensation grant (not an open-market purchase or sale). DERs are derivative awards that convert to shares upon settlement according to the issuer’s vesting/delivery schedule; they do not represent immediate open-market buying or selling activity. Such grants are common for directors and reflect compensation, not a direct buy/sell signal.