[Form 4] Levi Strauss & Co. Insider Trading Activity
Patrick Artemis, a director of Levi Strauss & Co., reported the acquisition of 97 dividend equivalent rights (DERs) tied to Class A Common Stock on 08/08/2025, increasing his direct beneficial ownership to 14,076 shares. The DERs are contingent rights to receive one share each upon settlement and vest consistent with the underlying awards; unvested awards and related DERs accelerate to 100% vesting on the earlier of the day before the next annual meeting or the first anniversary of grant. Some underlying awards are fully vested but subject to a deferred delivery feature, which also applies to the related DERs.
Patrick Artemis, amministratore di Levi Strauss & Co., ha comunicato l'acquisto di 97 diritti equivalenti al dividendo (DER) legati alle azioni ordinarie di Classe A il 08/08/2025, portando la sua partecipazione diretta a 14,076 azioni. I DER sono diritti condizionali a ricevere una azione ciascuno al momento del regolamento e si consolidano secondo le tempistiche delle assegnazioni sottostanti; le assegnazioni non maturate e i relativi DER maturano integralmente (100%) anticipatamente, alla data precedente l'assemblea annuale successiva o al primo anniversario della concessione, se questa si verifica prima. Alcune assegnazioni sottostanti sono gi脿 totalmente maturate ma soggette a una clausola di consegna differita, che si applica anche ai DER correlati.
Patrick Artemis, director de Levi Strauss & Co., comunic贸 la adquisici贸n de 97 derechos equivalentes a dividendos (DER) vinculados a acciones ordinarias de Clase A el 08/08/2025, aumentando su propiedad beneficiaria directa a 14,076 acciones. Los DER son derechos contingentes a recibir una acci贸n cada uno al momento del pago y se consolidan conforme a las adjudicaciones subyacentes; las adjudicaciones no devengadas y los DER relacionados aceleran hasta un 100% de consolidaci贸n en la fecha anterior a la pr贸xima junta anual o en el primer aniversario de la concesi贸n, lo que ocurra antes. Algunas adjudicaciones subyacentes ya est谩n completamente devengadas pero sujetas a una caracter铆stica de entrega diferida, que tambi茅n se aplica a los DER relacionados.
Patrick Artemis電� Levi Strauss & Co.鞚� 鞚挫偓搿滌劀 08/08/2025鞐� 韥措灅鞀� A 氤错喌欤检棎 鞐瓣硠霅� 97臧滌潣 氚半嫻 霌标皜甓�(DER)鞚� 旆摑頄堧嫟瓿� 氤搓碃頄堨溂氅�, 鞚措ゼ 韱淀暣 攴胳潣 歆侅爲鞝� 鞁れ 氤挫湢電� 14,076欤茧 電橃柎雮姷雼堧嫟. DER鞚� 瓴办牅 鞁� 臧侁皝 1欤茧ゼ 靾橂牴頃� 靾� 鞛堧姅 臁瓣贝攵� 甓岆Μ鞚措┌, 旮办磮 靾橃棳鞚� 甓岆Μ 頄夓偓 鞚检爼鞐� 霐半澕 氩犾姢韺呺惄雼堧嫟; 氙鸽矤鞀ろ姼霅� 靾橃棳攵勱臣 甏�霠� DER鞚� 雼れ潓 鞐半齑濏殞 鞝� 雮� 霕愲姅 靾橃棳鞚茧攵�韯� 1欤茧厔 欷� 雿� 鞚措ジ 鞁滌爯鞐� 100% 氩犾姢韺呾溂搿� 臧�靻嶋惄雼堧嫟. 鞚茧秬 旮办磮 靾橃棳攵勳潃 鞚措 鞕勳爠頌� 氩犾姢韸鸽悩鞐堨溂雮� 歆�旮夓澊 鞐瓣赴霅橂姅 臁绊暛鞚� 鞝侅毄鞚� 氚涭溂氅�, 鞚� 臁绊暛鞚� 甏�霠� DER鞐愲弰 鞝侅毄霅╇媹雼�.
Patrick Artemis, administrateur de Levi Strauss & Co., a d茅clar茅 l'acquisition de 97 droits 茅quivalents au dividende (DER) li茅s aux actions ordinaires de cat茅gorie A le 08/08/2025, portant sa d茅tention b茅n茅ficiaire directe 脿 14,076 actions. Les DER sont des droits conditionnels de recevoir une action chacun lors du r猫glement et s'acqui猫rent conform茅ment au calendrier des attributions sous-jacentes ; les attributions non acquises et les DER correspondants acc茅l猫rent pour atteindre 100 % d'acquisition 脿 la date ant茅rieure entre la veille de la prochaine assembl茅e annuelle ou le premier anniversaire de l'octroi. Certaines attributions sous-jacentes sont d茅j脿 enti猫rement acquises mais soumises 脿 une clause de livraison diff茅r茅e, qui s'applique 茅galement aux DER concern茅s.
Patrick Artemis, ein Direktor von Levi Strauss & Co., meldete den Erwerb von 97 dividenden盲quivalenten Rechten (DER) auf Stammaktien der Klasse A am 08/08/2025, wodurch sein direktes wirtschaftliches Eigentum auf 14,076 Aktien anstieg. Die DER sind bedingte Anspr眉che auf jeweils eine Aktie bei Abwicklung und werden entsprechend den zugrundeliegenden Zuteilungen erworben; nicht erworbene Zuteilungen und die dazugeh枚rigen DER beschleunigen auf 100% Vesting zum fr眉heren Zeitpunkt entweder vor dem Tag vor der n盲chsten Hauptversammlung oder am ersten Jahrestag der Gew盲hrung. Einige zugrundeliegende Zuteilungen sind bereits vollst盲ndig unverfallbar, unterliegen jedoch einer Regelung zur verz枚gerten Lieferung, die auch f眉r die entsprechenden DER gilt.
- Director Patrick Artemis increased direct beneficial ownership by 97 DERs, raising his direct holdings to 14,076 Class A shares
- DERs vest consistent with underlying awards, with clear settlement and acceleration terms disclosed
- None.
Insights
TL;DR: Small insider acquisition via award settlement; increases director's stake modestly.
The Form 4 shows a non-purchase acquisition of 97 DERs that convert into Class A shares, recorded as an acquisition at $0.00. This represents a modest increase in direct beneficial ownership to 14,076 shares. Because the instruments are dividend equivalent rights tied to prior awards and some are under deferred delivery, this is compensation-related rather than an open-market purchase and has limited immediate market-signaling value.
TL;DR: Transaction reflects standard executive compensation settlement mechanics, not an independent buy signal.
The disclosure describes DERs that vest and settle consistent with underlying awards, with an acceleration clause tied to routine vesting milestones. The presence of fully vested awards under deferred delivery is noted, which affects timing of settlement but does not change beneficial ownership reporting. From a governance perspective, this is routine award settlement activity with no material governance concern disclosed.
Patrick Artemis, amministratore di Levi Strauss & Co., ha comunicato l'acquisto di 97 diritti equivalenti al dividendo (DER) legati alle azioni ordinarie di Classe A il 08/08/2025, portando la sua partecipazione diretta a 14,076 azioni. I DER sono diritti condizionali a ricevere una azione ciascuno al momento del regolamento e si consolidano secondo le tempistiche delle assegnazioni sottostanti; le assegnazioni non maturate e i relativi DER maturano integralmente (100%) anticipatamente, alla data precedente l'assemblea annuale successiva o al primo anniversario della concessione, se questa si verifica prima. Alcune assegnazioni sottostanti sono gi脿 totalmente maturate ma soggette a una clausola di consegna differita, che si applica anche ai DER correlati.
Patrick Artemis, director de Levi Strauss & Co., comunic贸 la adquisici贸n de 97 derechos equivalentes a dividendos (DER) vinculados a acciones ordinarias de Clase A el 08/08/2025, aumentando su propiedad beneficiaria directa a 14,076 acciones. Los DER son derechos contingentes a recibir una acci贸n cada uno al momento del pago y se consolidan conforme a las adjudicaciones subyacentes; las adjudicaciones no devengadas y los DER relacionados aceleran hasta un 100% de consolidaci贸n en la fecha anterior a la pr贸xima junta anual o en el primer aniversario de la concesi贸n, lo que ocurra antes. Algunas adjudicaciones subyacentes ya est谩n completamente devengadas pero sujetas a una caracter铆stica de entrega diferida, que tambi茅n se aplica a los DER relacionados.
Patrick Artemis電� Levi Strauss & Co.鞚� 鞚挫偓搿滌劀 08/08/2025鞐� 韥措灅鞀� A 氤错喌欤检棎 鞐瓣硠霅� 97臧滌潣 氚半嫻 霌标皜甓�(DER)鞚� 旆摑頄堧嫟瓿� 氤搓碃頄堨溂氅�, 鞚措ゼ 韱淀暣 攴胳潣 歆侅爲鞝� 鞁れ 氤挫湢電� 14,076欤茧 電橃柎雮姷雼堧嫟. DER鞚� 瓴办牅 鞁� 臧侁皝 1欤茧ゼ 靾橂牴頃� 靾� 鞛堧姅 臁瓣贝攵� 甓岆Μ鞚措┌, 旮办磮 靾橃棳鞚� 甓岆Μ 頄夓偓 鞚检爼鞐� 霐半澕 氩犾姢韺呺惄雼堧嫟; 氙鸽矤鞀ろ姼霅� 靾橃棳攵勱臣 甏�霠� DER鞚� 雼れ潓 鞐半齑濏殞 鞝� 雮� 霕愲姅 靾橃棳鞚茧攵�韯� 1欤茧厔 欷� 雿� 鞚措ジ 鞁滌爯鞐� 100% 氩犾姢韺呾溂搿� 臧�靻嶋惄雼堧嫟. 鞚茧秬 旮办磮 靾橃棳攵勳潃 鞚措 鞕勳爠頌� 氩犾姢韸鸽悩鞐堨溂雮� 歆�旮夓澊 鞐瓣赴霅橂姅 臁绊暛鞚� 鞝侅毄鞚� 氚涭溂氅�, 鞚� 臁绊暛鞚� 甏�霠� DER鞐愲弰 鞝侅毄霅╇媹雼�.
Patrick Artemis, administrateur de Levi Strauss & Co., a d茅clar茅 l'acquisition de 97 droits 茅quivalents au dividende (DER) li茅s aux actions ordinaires de cat茅gorie A le 08/08/2025, portant sa d茅tention b茅n茅ficiaire directe 脿 14,076 actions. Les DER sont des droits conditionnels de recevoir une action chacun lors du r猫glement et s'acqui猫rent conform茅ment au calendrier des attributions sous-jacentes ; les attributions non acquises et les DER correspondants acc茅l猫rent pour atteindre 100 % d'acquisition 脿 la date ant茅rieure entre la veille de la prochaine assembl茅e annuelle ou le premier anniversaire de l'octroi. Certaines attributions sous-jacentes sont d茅j脿 enti猫rement acquises mais soumises 脿 une clause de livraison diff茅r茅e, qui s'applique 茅galement aux DER concern茅s.
Patrick Artemis, ein Direktor von Levi Strauss & Co., meldete den Erwerb von 97 dividenden盲quivalenten Rechten (DER) auf Stammaktien der Klasse A am 08/08/2025, wodurch sein direktes wirtschaftliches Eigentum auf 14,076 Aktien anstieg. Die DER sind bedingte Anspr眉che auf jeweils eine Aktie bei Abwicklung und werden entsprechend den zugrundeliegenden Zuteilungen erworben; nicht erworbene Zuteilungen und die dazugeh枚rigen DER beschleunigen auf 100% Vesting zum fr眉heren Zeitpunkt entweder vor dem Tag vor der n盲chsten Hauptversammlung oder am ersten Jahrestag der Gew盲hrung. Einige zugrundeliegende Zuteilungen sind bereits vollst盲ndig unverfallbar, unterliegen jedoch einer Regelung zur verz枚gerten Lieferung, die auch f眉r die entsprechenden DER gilt.
FAQ
What transaction did LEVI director Patrick Artemis report on Form 4?
How many LEVI shares does Patrick Artemis beneficially own after the transaction?
What are dividend equivalent rights (DERs) in this filing?
Did Patrick Artemis purchase shares on the open market?
Are there special vesting or settlement terms for these DERs?
