Deere & Co (NYSE: DE) grants 293 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DEERE & CO director James Brian Sikes received an equity award in the form of restricted stock units. On this Form 4, he reported an acquisition of 293 shares of $1 par common stock at a stated price of $0.0000 per share as a grant or award.
After this grant, Sikes directly holds a total of 381 restricted stock units under the company’s Nonemployee Director Stock Ownership Plan. According to the footnotes, these units will be settled exclusively in shares, carry restrictions authorized by the Board of Directors, and the plan provides for tax withholding rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sikes James Brian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $1 Par Common Stock | 293 | $0.00 | -- |
Holdings After Transaction:
$1 Par Common Stock — 381 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 381 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 DEERE & CO (DE) report for James Brian Sikes?
DEERE & CO reported that director James Brian Sikes acquired 293 shares of $1 par common stock as a grant or award. The transaction reflects restricted stock units issued under the Nonemployee Director Stock Ownership Plan and recorded at a transaction price of $0.0000 per share.
How many Deere (DE) restricted stock units does James Brian Sikes hold after this Form 4?
After the reported grant, James Brian Sikes directly holds 381 restricted stock units in DEERE & CO. The footnotes state that these 381 units were acquired under the Nonemployee Director Stock Ownership Plan and are subject to restrictions authorized by the company’s Board of Directors.
What type of equity award did DEERE & CO (DE) grant to James Brian Sikes?
DEERE & CO granted James Brian Sikes restricted stock units classified as $1 par common stock. The filing describes the Form 4 transaction as a grant, award, or other acquisition under the Nonemployee Director Stock Ownership Plan, with units to be settled exclusively in company shares upon distribution.
Was the DEERE & CO (DE) director stock award a market purchase or a grant?
The transaction was a grant, not a market purchase. The Form 4 identifies the code as an acquisition from a grant, award, or other acquisition, with a transaction price of $0.0000 per share, indicating restricted stock units issued under the Nonemployee Director Stock Ownership Plan.
How will the Deere (DE) restricted stock units for James Brian Sikes be settled?
The restricted stock units granted to James Brian Sikes will be settled exclusively in shares of DEERE & CO common stock. Footnotes explain that the units are issued under the Nonemployee Director Stock Ownership Plan, which includes Board-authorized restrictions and provides for related tax withholding rights.
What plan governs James Brian Sikes’s DE (Deere) restricted stock units?
James Brian Sikes’s restricted stock units are governed by DEERE & CO’s Nonemployee Director Stock Ownership Plan. Footnotes specify that 381 units are held under this plan, with restrictions authorized by the Board of Directors and provisions that allow tax withholding rights in connection with the equity awards.