Levi Strauss Director David S. Marberger Receives 73-Share Award

What Happened
David S. Marberger, a director of Levi Strauss & Co. (LEVI), was granted 73 award units on 2026-08-05. The filing reports these as dividend-equivalent rights (DERs) at a reported acquisition price of $0.00, for a total reported value of $0. This was an award/grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-08-05 (Form 4 filed 2026-08-07; filing appears timely).
• Transaction type/code: A — Grant/Award.
• Amount: 73 DERs @ $0.00 (total reported value $0).
• Shares owned after transaction: Not specified in this report.
• Footnote: F1 — DERs represent contingent rights to receive one Class A share each upon settlement; they vest and are 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 date. Some underlying awards are fully vested but subject to deferred delivery; the same terms apply to related DERs.

Context
DERs are derivative awards tied to underlying equity grants and convert into actual shares upon settlement and vesting. Director grants like this are common as part of compensation and are not the same signal as an outright purchase or sale by an insider.