Daniel W. Geballe, a director at Levi Strauss & Co., has reported a transaction involving the acquisition of 137 shares of the company. This transaction, filed on November 6, 2026, is significant as it underscores the ongoing changes in ownership within the apparel sector.

Geballe's transaction took place on November 4, 2026, and he now holds a total of 20,560 shares in Levi Strauss. The filing indicates that the shares were acquired without a purchase price, as they represent dividend equivalent rights (DERs). These rights grant Geballe a contingent right to receive shares of the issuer's Class A Common Stock upon settlement.

Background

Levi Strauss & Co. is a prominent player in the apparel industry, known for its iconic denim products. The company is incorporated in Delaware and operates under the SIC code for Apparel & Other Finished Products of Fabrics & Similar Material. Its business address is located at 1155 Battery St, San Francisco, CA 94111. The company has been publicly traded and is recognized for its significant contributions to the fashion industry.

What the Filing Says

The filing states, "Represents dividend equivalent rights (DERs), each of which represents a contingent right to receive one share of the issuer's Class A Common Stock upon settlement." This indicates that the shares acquired by Geballe are linked to awards that will vest and be delivered under specific conditions.

Impact

This ownership change may affect Levi Strauss's governance, as it reflects the ongoing activity of its directors. Transparency in such transactions is crucial for maintaining investor trust and regulatory compliance.

What's Next

The filing does not say what happens next.