Deere & Company (DE) officer receives RSU award and 8,217 options at $468.90
Rhea-AI Filing Summary
Deere & Company reported an equity award and related transactions by one of its officers, the President of Agriculture & Turf and Small Agriculture & Turf. On 12/10/2025, the officer received 2,207 shares of $1 par value common stock as a grant of restricted stock units under the John Deere 2020 Equity and Incentive Plan, with the award allowing shares to be withheld to cover taxes. On 12/11/2025, 261 shares of common stock were withheld in an exempt transaction to satisfy tax withholding obligations, leaving 13,795 shares beneficially owned directly.
In addition, on 12/10/2025 the officer was granted 8,217 market priced stock options with an exercise price of $468.90 per share, covering 8,217 shares of common stock. These options become exercisable in three approximately equal installments on December 10, 2026, 2027, and 2028, and all options permit share withholding upon exercise to satisfy income tax obligations.
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FAQ
What insider equity transactions did Deere & Company (DE) report in this Form 4?
The filing reports that a Deere & Company officer received 2,207 shares of $1 par common stock on 12/10/2025 from a restricted stock unit grant, had 261 shares withheld on 12/11/2025 to cover taxes, and was granted 8,217 market priced stock options with an exercise price of $468.90 per share.
Who is the reporting person in this Deere & Company (DE) Form 4 and what is their role?
The reporting person is an officer of Deere & Company serving as President, Agriculture & Turf, Small Agriculture & Turf, as indicated in the relationship section of the form.
How many Deere & Company (DE) shares does the officer beneficially own after these transactions?
Following the reported transactions, the officer beneficially owns 13,795 shares of Deere & Company common stock directly, as shown in Table I of the filing.
What are the terms of the Deere & Company (DE) stock options granted to the officer?
The officer was granted 8,217 market priced options on 12/10/2025 with an exercise price of $468.90 per share. These options relate to 8,217 shares of common stock and become exercisable in three approximately equal installments on December 10, 2026, 2027, and 2028, with an expiration date of 12/10/2035.
What is the source of the restricted stock units reported for Deere & Company (DE)?
The 2,207 restricted stock units granted on 12/10/2025 were issued under the John Deere 2020 Equity and Incentive Plan, and the award allows shares to be withheld upon conversion to satisfy tax obligations.
How were tax obligations handled in the reported Deere & Company (DE) equity awards?
The filing notes that the restricted stock unit award includes the ability to withhold shares upon conversion to satisfy tax obligations. It also records an exempt transaction on 12/11/2025 where 261 shares were withheld to satisfy tax withholding obligations when restricted stock units were settled for unrestricted shares.
Do the Deere & Company (DE) stock options allow share withholding for taxes?
Yes. The explanation states that all options include the ability to withhold shares upon exercise of the option in order to satisfy income tax obligations.