Director David S. Marberger filed a Form 4 with the SEC on November 6, 2026, disclosing the acquisition of 77 shares of Class A Common Stock of Levi Strauss & Co. (NYSE:LEVI) on November 4, 2026, in the form of dividend equivalent rights.

Key Highlights

  • Reporting person: David S. Marberger, identified as a Director of Levi Strauss & Co.
  • Transaction date: November 4, 2026, with the form filed November 6, 2026.
  • Securities acquired: 77 units of Class A Common Stock acquired (transaction code A) at a price of $0.00.
  • Nature of acquisition: The 77 units represent dividend equivalent rights (DERs), each a contingent right to receive one share of Class A Common Stock upon settlement.
  • Resulting ownership: Marberger directly beneficially owned 31,443 shares of Class A Common Stock following the reported transaction.
  • Vesting terms: Unvested awards and related DERs vest as to 100% of shares on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant date of the underlying award.

Director Marberger's DER Acquisition at Levi Strauss, November 2026

According to the Form 4 filing, David S. Marberger, a Director of Levi Strauss & Co. (NYSE:LEVI), acquired 77 units of the company's Class A Common Stock on November 4, 2026. The acquisition was recorded at a price of $0.00 and carried transaction code "A," indicating securities acquired rather than disposed of. The filing was signed by Priscilla Duncan-Tannous as attorney-in-fact on November 6, 2026.

The filing's footnote explains that the 77 units represent dividend equivalent rights (DERs). According to the disclosure, each DER "represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement." The filing further states that DERs "vest and are delivered consistent with the underlying awards to which they relate." For unvested awards, 100% of the shares vest on the earlier of the day before the next Annual Stockholder Meeting or the first anniversary of the grant date of the underlying award. The footnote also notes that certain underlying awards are "fully vested and are subject to a deferred delivery feature," with the same terms applying to the related DERs.

Following the reported transaction, Marberger directly beneficially owned 31,443 shares of Class A Common Stock, as stated in Table I of the filing. No derivative securities transactions were reported in Table II. The filing was made by one reporting person and is not indicated as an amendment to a prior filing.

What Was Disclosed

Levi Strauss & Co. Director David S. Marberger acquired 77 dividend equivalent rights tied to Class A Common Stock on November 4, 2026, at $0.00, bringing his direct beneficial ownership to 31,443 shares, according to the Form 4 filed November 6, 2026.