STOCK TITAN

Deere (NYSE: DE) president exercises options, sells 12,000 shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Deere & Company executive Reed Cory J, President of Life Solutions, Customer Support & S.M., reported an option exercise and share sale. On January 14, 2026, he exercised 12,000 market-priced options at an exercise price of $169.7 per share, receiving 12,000 shares of $1 par common stock. The same day, he sold 12,000 shares at $510 per share under a Rule 10b5-1 trading plan adopted on May 21, 2025, leaving 20,792 common shares held directly.

After these transactions, he also holds 7,280 market-priced options and his reported holdings include 4,377 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan, which allow shares to be withheld to cover income tax obligations. The options exercised had become exercisable in three approximately equal installments on December 11, 2020, 2021, and 2022.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
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*
Reed Cory J

(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)
Pres, Life Sol Cust Sup & S.M.
3. Date of Earliest Transaction (Month/Day/Year)
01/14/2026
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) 01/14/2026 M 12,000 A $169.7 32,792 D
$1 Par Common Stock(1) 01/14/2026 S 12,000 D $510 20,792(2) D
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 $169.7 01/14/2026 M 12,000 (3) 12/11/2029 Common Stock 12,000 $0 7,280 D
Explanation of Responses:
1. Exercise of Rule 16b-3 options and related sale of shares pursuant to a Rule 10b5-1 plan adopted on May 21, 2025.
2. Includes 4,377 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.
3. The options became exercisable in three approximately equal installments on December 11, 2020, 2021, and 2022.
/s/ Julie M. Rosales, Assistant Secretary, Deere & Company, Under Power of Attorney 01/15/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Deere (DE) executive Reed Cory J report?

Reed Cory J reported exercising 12,000 market-priced options at an exercise price of $169.7 per share and selling 12,000 shares of Deere & Company $1 par common stock at $510 per share on January 14, 2026.

How many Deere (DE) shares does Reed Cory J own after the reported Form 4 trades?

Following the reported transactions, Reed Cory J directly owns 20,792 shares of Deere & Company common stock, and his reported holdings include 4,377 restricted stock units under the John Deere 2020 Equity and Incentive Plan.

Were the Deere (DE) insider trades made under a Rule 10b5-1 plan?

Yes. The filing states that the exercise of Rule 16b-3 options and related sale of shares were made pursuant to a Rule 10b5-1 plan adopted on May 21, 2025.

What options did the Deere (DE) executive exercise in this Form 4?

He exercised 12,000 market-priced options with an exercise price of $169.7 per share, which had become exercisable in three approximately equal installments on December 11, 2020, 2021, and 2022, and now has 7,280 options remaining.

What equity awards are included in Reed Cory J’s reported Deere (DE) holdings?

The filing notes that his holdings include 4,377 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan, and that these units allow shares to be withheld to satisfy income tax obligations.

What is Reed Cory J’s role at Deere & Company?

Reed Cory J is reported as an officer of Deere & Company, serving as President, Life Solutions, Customer Support & S.M., and is not listed as a director or 10% owner.

Deere & Co

NYSE:DE

DE Rankings

DE Latest News

DE Latest SEC Filings

DE Stock Data

139.61B
269.93M
0.21%
83.68%
1.59%
Farm & Heavy Construction Machinery
Farm Machinery & Equipment
Link
United States
MOLINE