Deere & Company (NYSE: DE) officer reports new RSU grant and 8,217 options

Rhea-AI Filing Summary

Deere & Company reported equity transactions by an officer serving as President, Agriculture & Turf, Production & Precision Ag. On 12/10/2025, the officer received 2,207 shares of $1 par common stock as an award under the John Deere 2020 Equity and Incentive Plan at a stated price of $0, increasing directly held common stock to 8,519 shares.

On 12/11/2025, 325 common shares were withheld at $475.94 per share to cover tax obligations on restricted stock unit settlement, leaving 8,194 common shares directly held. The filing notes that this total includes 5,379 restricted stock units that will be settled solely in shares.

The officer was also granted market-priced options on 12/10/2025 for 8,217 derivative securities with a conversion price of $468.90, exercisable for 8,217 shares of common stock until 12/10/2035. These options become exercisable in three approximately equal installments on December 10 of 2026, 2027, and 2028.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KOVAR DEANNA M

(Last) (First) (Middle)

DEERE & COMPANY

ONE JOHN DEERE PLACE

(Street)

MOLINE IL 61265

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DEERE & CO [ DE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres Ag & Turf, Prod & Prec Ag

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
$1 Par Common Stock(1)	12/10/2025		A		2,207	A	$0	8,519	D
$1 Par Common Stock(2)	12/11/2025		F		325	D	$475.94	8,194(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Market Priced Options(4)	$468.9	12/10/2025		A		8,217		(5)	12/10/2035	Common Stock	8,217	$0	8,217	D

Explanation of Responses:

1. Grant of restricted stock units under the John Deere 2020 Equity and Incentive Plan. Awards include the ability to withhold shares upon conversion to satisfy tax obligations.

2. Exempt withholding of shares to satisfy tax withholding obligations upon settlement of restricted stock units for unrestricted shares.

3. Includes 5,379 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan to be settled solely in shares.

4. All options include the ability to withhold shares upon the exercise of the option to satisfy income tax obligations.

5. The options become exercisable in three approximately equal installments on December 10, 2026, 2027, and 2028.

	/s/ Julie M. Rosales, Assistant Secretary, Deere & Company, Under Power of Attorney	12/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Deere & Company (DE) disclose in this Form 4?

The filing reports equity transactions by an officer of Deere & Company, including grants of restricted stock units, tax-related share withholding, and a grant of market-priced stock options.

How many Deere (DE) common shares did the officer acquire on 12/10/2025?

On 12/10/2025, the officer acquired 2,207 shares of Deere & Company $1 par common stock as an award under the John Deere 2020 Equity and Incentive Plan at a stated price of $0.

Why were 325 Deere (DE) shares disposed of on 12/11/2025?

On 12/11/2025, 325 common shares were withheld at $475.94 per share as an exempt transaction to satisfy tax withholding obligations upon settlement of restricted stock units for unrestricted shares.

How many Deere (DE) common shares does the officer beneficially own after these transactions?

Following the reported transactions, the officer beneficially owns 8,194 shares of Deere & Company common stock directly, which includes 5,379 restricted stock units to be settled solely in shares.

What stock options were granted to the Deere (DE) officer and when do they vest?

The officer received 8,217 market-priced options on 12/10/2025 with a conversion price of $468.90, exercisable for 8,217 common shares until 12/10/2035. These options become exercisable in three approximately equal installments on December 10 of 2026, 2027, and 2028.

Under which plan were the restricted stock units and options granted to the Deere (DE) officer?

Both the restricted stock units and the options were granted under the John Deere 2020 Equity and Incentive Plan, which also allows shares to be withheld upon conversion or exercise to satisfy tax obligations.