Deere CFO Norwood Brent reports initial holdings
DEERE & CO senior vice president and CFO Norwood Terry Brent reported his initial beneficial ownership.
Rhea-AI Filing Summary
DEERE & CO senior vice president and CFO Norwood Terry Brent reported his initial beneficial ownership. The filing shows 1,113 shares of $1 par common stock held directly, including 1,059 restricted stock units that will be settled solely in shares under the John Deere 2020 Equity and Incentive Plan.
He also holds market-priced employee stock options over 629, 587, and 585 shares of common stock with exercise prices of $468.90, $448.03, and $377.01 per share, expiring in 2035, 2034, and 2033, respectively. These options become exercisable in three approximately equal annual installments after grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Norwood Terry Brent
Role
Sr VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Market Priced Employee Stock Options | -- | -- | -- |
| holding | Market Priced Employee Stock Options | -- | -- | -- |
| holding | Market Priced Employee Stock Options | -- | -- | -- |
| holding | $1 Par Common Stock | -- | -- | -- |
Holdings After Transaction:
Market Priced Employee Stock Options — 1,801 contracts (Direct);
$1 Par Common Stock — 1,113 shares (Direct)
Footnotes (2)
- F1. Includes 1,059 restricted stock units awarded under the John Deere 2020 Equity and Incentive Plan to be settled solely in shares.
- F2. The options become exercisable in three approximately equal installments one, two, and three years after grant. The date listed in column 2 is the earliest exercisable installment date.
Key Figures
Common shares owned: 1,113 shares
Restricted stock units: 1,059 units
Option grant 1 exercise price: $468.90/share
+5 more
8 metrics
Common shares owned
1,113 shares
Directly held following Form 3 as of 2026-05-01
Restricted stock units
1,059 units
Awarded under John Deere 2020 Equity and Incentive Plan
Option grant 1 exercise price
$468.90/share
Market-priced employee stock options expiring 2035-12-10 over 629 shares
Option grant 1 underlying shares
629 shares
Underlying Deere common stock for options at $468.90, expiring 2035-12-10
Option grant 2 exercise price
$448.03/share
Market-priced employee stock options expiring 2034-12-11 over 587 shares
Option grant 2 underlying shares
587 shares
Underlying Deere common stock for options at $448.03, expiring 2034-12-11
Option grant 3 exercise price
$377.01/share
Market-priced employee stock options expiring 2033-12-13 over 585 shares
Option grant 3 underlying shares
585 shares
Underlying Deere common stock for options at $377.01, expiring 2033-12-13
Key Terms
restricted stock units, John Deere 2020 Equity and Incentive Plan, Market Priced Employee Stock Options, exercise price, +1 more
5 terms
restricted stock units financial
"Includes 1,059 restricted stock units awarded under the John Deere 2020 Equity and Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
John Deere 2020 Equity and Incentive Plan financial
"restricted stock units awarded under the John Deere 2020 Equity and Incentive Plan to be settled solely in shares"
Market Priced Employee Stock Options financial
"security_title": "Market Priced Employee Stock Options""
exercise price financial
"conversion_or_exercise_price": "468.9000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
earliest exercisable installment date financial
"The date listed in column 2 is the earliest exercisable installment date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Deere (DE) CFO Norwood Terry Brent’s Form 3 filing show?
The Form 3 shows CFO Norwood Terry Brent’s initial beneficial ownership in Deere & Co. He directly holds 1,113 common shares, including 1,059 restricted stock units, plus multiple employee stock option grants over Deere common stock.
What restricted stock units are reported for Deere (DE) CFO Norwood Terry Brent?
The filing states that 1,059 restricted stock units were awarded under the John Deere 2020 Equity and Incentive Plan. These units are to be settled solely in Deere shares and are included within the 1,113 reported common shares of beneficial ownership.
What employee stock options does Norwood Terry Brent hold in Deere (DE)?
He holds market-priced employee stock options over 629, 587, and 585 underlying Deere common shares. The exercise prices are $468.90, $448.03, and $377.01 per share, with expiration dates in 2035, 2034, and 2033, respectively.
When do Norwood Terry Brent’s Deere (DE) stock options become exercisable?
The options become exercisable in three approximately equal installments one, two, and three years after grant. The date listed in the relevant column is described as the earliest exercisable installment date for each market-priced employee stock option award.
Are Norwood Terry Brent’s Deere (DE) holdings direct or indirect?
The holdings reported in this Form 3 are classified as direct ownership. Both the common stock position and the market-priced employee stock options are shown with direct ownership codes, without reference to separate entities or indirect holding structures.
AI-generated analysis. How Rhea-AI works. Not financial advice.
