Deere & Co (NYSE: DE) director receives 293 restricted stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STOCKTON DMITRI L reported acquisition or exercise transactions in this Form 4 filing.
DEERE & CO director Dmitri L. Stockton received a grant of 293 restricted stock units of $1 par common stock. These units were awarded under the company’s Nonemployee Director Stock Ownership Plan and will be settled exclusively in shares, bringing his total restricted stock units to 9,093.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STOCKTON DMITRI L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $1 Par Common Stock | 293 | $0.00 | -- |
Holdings After Transaction:
$1 Par Common Stock — 9,093 shares (Direct)
Footnotes (1)
- Grant of restricted stock units under the Nonemployee Director Stock Ownership Plan of the Issuer. Units will be settled exclusively in shares. Includes 9,093 restricted stock units acquired under the Nonemployee Director Stock Ownership Plan of the Issuer. Restrictions are authorized by the Board of Directors. The Plan provides for tax withholding rights.
FAQ
What insider transaction did DE director Dmitri L. Stockton report on this Form 4?
Dmitri L. Stockton reported acquiring 293 restricted stock units of Deere & Co $1 par common stock. The award was made under the Nonemployee Director Stock Ownership Plan and will be settled solely in shares, increasing his restricted stock unit holdings to 9,093.
How many Deere & Co (DE) restricted stock units does Dmitri L. Stockton hold after this grant?
After the reported grant, Dmitri L. Stockton holds 9,093 restricted stock units of Deere & Co $1 par common stock. This total reflects units acquired under the Nonemployee Director Stock Ownership Plan, with restrictions authorized by the Board of Directors and tax withholding rights provided by the plan.
What type of equity award did Deere & Co (DE) grant to director Dmitri L. Stockton?
Deere & Co granted Dmitri L. Stockton 293 restricted stock units of $1 par common stock. These units were issued under the Nonemployee Director Stock Ownership Plan and are designed to be settled exclusively in shares, aligning director compensation with the company’s equity over time.
Under which plan were the Deere & Co (DE) restricted stock units granted to Dmitri L. Stockton?
The 293 restricted stock units were granted under Deere & Co’s Nonemployee Director Stock Ownership Plan. According to the disclosure, restrictions on these units are authorized by the Board of Directors, and the plan provides for tax withholding rights in connection with the equity awards.