Deere (NYSE: DE) CFO has 19 shares withheld at $608.85 for taxes
Rhea-AI Filing Summary
DEERE & CO (DE) reported an insider transaction by Sr VP & CFO Terry Brent Norwood involving a small tax-related share disposition. On 2026-08-17, he had 19 shares of $1 par common stock withheld at $608.85 per share to satisfy income tax obligations upon settlement of restricted stock units, rather than selling shares in the open market. Following this withholding, his direct holdings total 1,094 shares, which include 993 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19 shares
Net Sell
1 txn
Insider
Norwood Terry Brent
Role
Sr VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | $1 Par Common Stock F1, F2 | 19 | $608.85 | $12K |
Holdings After Transaction:
$1 Par Common Stock — 1,094 shares (Direct)
Footnotes (2)
- F1. Exempt withholding of shares to satisfy tax withholding obligations upon settlement of restricted stock units for unrestricted shares.
- F2. Includes 993 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan. Units include the ability to have shares withheld to satisfy income tax obligations.
Key Figures
Shares withheld for taxes: 19 shares
Withholding price per share: $608.85 per share
Total direct holdings after transaction: 1,094 shares
+1 more
4 metrics
Shares withheld for taxes
19 shares
Withheld on 2026-08-17 to satisfy tax obligations on RSU settlement
Withholding price per share
$608.85 per share
Value used for the 19 shares withheld for tax obligations
Total direct holdings after transaction
1,094 shares
Direct ownership by CFO Terry Brent Norwood following the withholding
Restricted stock units included in holdings
993 restricted stock units
Granted under the John Deere 2020 Equity and Incentive Plan and included in the 1,094 total
Key Terms
restricted stock units, withholding of shares, John Deere 2020 Equity and Incentive Plan, tax withholding obligations
4 terms
restricted stock units financial
"Includes 993 restricted stock units granted 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
"granted under the John Deere 2020 Equity and Incentive Plan."
tax withholding obligations financial
"to satisfy tax withholding obligations upon settlement of restricted stock units"
FAQ
What insider transaction did DE (DEERE & CO) disclose for CFO Terry Brent Norwood?
DE disclosed that CFO Terry Brent Norwood had 19 shares of common stock withheld on 2026-08-17 to pay tax liabilities arising from the settlement of restricted stock units, rather than executing an open-market sale.
Was the DE (DEERE & CO) CFO’s Form 4 transaction an open-market sale?
No, the transaction was classified as a code F event, representing withholding of shares to pay tax liabilities on restricted stock unit settlement, not an open-market sale of shares.
What equity plan is referenced in the DE (DEERE & CO) CFO’s Form 4 filing?
The filing states that 993 restricted stock units held by the CFO were granted under the John Deere 2020 Equity and Incentive Plan, which also permits share withholding to satisfy income tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.