Director Troy Alstead filed a Form 4 with the SEC on November 6, 2026, disclosing changes in beneficial ownership of Levi Strauss & Co (NYSE:LEVI) Class A and Class B Common Stock resulting from transactions dated November 4, 2026.

Key Highlights

  • Class A acquisition: Alstead acquired 89 shares of Class A Common Stock on November 4, 2026, at a price of $0.00, representing dividend equivalent rights (DERs).
  • Post-transaction Class A holdings: Following the transaction, Alstead directly held 136,200 shares of Class A Common Stock.
  • Class B DER acquisition: Alstead also acquired 318 DERs tied to Class B Common Stock on November 4, 2026, at a price of $0.00, described as fully vested and subject to a deferral delivery feature.
  • Post-transaction Class B derivative holdings: Alstead directly held 47,700 derivative securities (Class B Common Stock) following the reported transaction.
  • Convertibility: According to the filing, each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
  • DER vesting terms: The Class A 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 date of grant of the underlying award.

Alstead's November 2026 DER Transactions at Levi Strauss

Troy Alstead, a director at Levi Strauss & Co (NYSE:LEVI), reported two separate acquisitions of dividend equivalent rights on November 4, 2026, both recorded at a price of $0.00. The first involved 89 DERs tied to Class A Common Stock. According to the filing, each DER "represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement." These DERs are set to vest in full 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 second transaction involved 318 DERs linked to Class B Common Stock. The filing states that these DERs "are fully vested" and that "the underlying shares of Class B Common Stock issuable pursuant to the DERs are subject to a deferral delivery feature." Each underlying Class B share is convertible into one Class A share at the holder's option, with no expiration date. Following both transactions, Alstead directly held 136,200 shares of Class A Common Stock and 47,700 derivative securities (Class B Common Stock) in direct ownership.

The Form 4 was signed by Priscilla Duncan-Tannous as Attorney-in-Fact and filed on November 6, 2026. The filing indicates Alstead's relationship to the issuer solely as a Director, with no officer title listed.

What Was Disclosed

Director Troy Alstead reported two acquisitions of dividend equivalent rights at Levi Strauss & Co on November 4, 2026 - 89 Class A DERs and 318 fully vested Class B DERs - both at $0.00, with resulting direct holdings of 136,200 Class A shares and 47,700 Class B derivative securities.