Levi Strauss Director Jill Beraud Receives Stock Award

What Happened
Jill Beraud, a director of Levi Strauss & Co. (LEVI), was granted awards on 2026-08-05 consisting of 54 shares and 92 derivative awards (DERs), for a total of 146 units. Both items were reported as acquired at $0.00 per unit (total reported value $0). The 54-unit award is a direct share grant and the 92-unit award is a derivative/dividend-equivalent right that can convert into common stock upon settlement.

Key Details

• Transaction date: 2026-08-05; filing date: 2026-08-07 (timely).
• Grants: 54 shares @ $0.00 (direct award); 92 derivative awards @ $0.00 (DERs). Total units = 146.
• Footnotes of note:
  • F1: DERs may convert to Class A common stock; vesting for those DERs occurs on the earlier of the day before the next annual meeting or one year from grant.
  • F3: Some DERs convert to Class B common stock, are fully vested, and underlying Class B shares are subject to a deferral delivery feature.
  • F2: Class B shares are convertible into Class A shares at the holder’s option and have no expiration.
• Shares owned after the transaction are not specified in the excerpt of the filing provided.

Context
These types of zero-cost grants and dividend-equivalent rights are common as part of director compensation and do not on their own indicate personal buying or selling sentiment. DERs are contingent rights that convert to actual shares upon settlement subject to vesting and any delivery deferrals noted above.