Deere & Company (NYSE: DE) CEO discloses RSU awards and 36,473 stock options

Rhea-AI Filing Summary

Deere & Company’s Chairman and CEO reported equity transactions involving company stock and options. On 12/10/2025, he acquired 9,796 shares of $1 par common stock at $0, reflecting a grant of restricted stock units under the John Deere 2020 Equity Incentive Plan. On 12/11/2025, 1,355 shares were withheld at $475.94 per share to satisfy tax obligations when restricted stock units settled into unrestricted shares.

After these transactions, he beneficially owned 120,894 shares directly and 27,891 shares indirectly through a SLAT, which includes 26,917 restricted stock units to be settled in shares. He also received 36,473 market-priced options with an exercise price of $468.90 per share on 12/10/2025, covering 36,473 shares of common stock. These options become exercisable in three approximately equal installments on December 10, 2026, 2027, and 2028 and expire on December 10, 2035.

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

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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^*

May John C II

(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)
	Chairman & CEO

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		9,796	A	$0	122,249	D
$1 Par Common Stock(2)	12/11/2025		F		1,355	D	$475.94	120,894(3)	D
$1 Par Common Stock								27,891	I	By SLAT

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		36,473		(5)	12/10/2035	Common Stock	36,473	$0	36,473	D

Explanation of Responses:

1. Grant of restricted stock units under the John Deere 2020 Equity 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 26,917 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.
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FAQ

What insider transactions did Deere & Company (DE) report in this Form 4?

The Chairman and CEO reported acquiring 9,796 shares of Deere & Company $1 par common stock on 12/10/2025 via a restricted stock unit grant and having 1,355 shares withheld on 12/11/2025 to cover tax obligations when restricted stock units settled into unrestricted shares.

How many Deere & Company (DE) shares does the CEO beneficially own after these transactions?

Following the reported transactions, the CEO beneficially owned 120,894 shares directly and 27,891 shares indirectly through a SLAT, which includes 26,917 restricted stock units that will be settled solely in shares.

What stock option grant did the Deere & Company (DE) CEO receive?

The CEO received 36,473 market-priced options on 12/10/2025 with an exercise price of $468.90 per share, covering 36,473 shares of Deere & Company common stock.

When do the new Deere & Company (DE) stock options become exercisable and when do they expire?

The options become exercisable in three approximately equal installments on December 10, 2026, December 10, 2027, and December 10, 2028, and they expire on December 10, 2035.

Why were some Deere & Company (DE) shares marked as disposed of at $475.94?

The 1,355 shares shown as disposed of at $475.94 per share on 12/11/2025 reflect exempt withholding of shares to satisfy tax withholding obligations upon settlement of restricted stock units into unrestricted shares.

What equity incentive plan governs the reported Deere & Company (DE) awards?

The restricted stock units and related grants were made under the John Deere 2020 Equity Incentive Plan, which allows shares to be withheld upon conversion or exercise to satisfy income tax obligations.