Form 4: Deere & Co. CFO Joshua A. Jepsen Reports Stock Transaction
SEC Form 4 Filing
Senior VP & CFO of Deere & Co., Joshua A. Jepsen, reports the withholding of shares to cover tax obligations upon settlement of restricted stock units.
Summary
- On June 1, 2024, Joshua A. Jepsen, Sr VP & CFO of Deere & Co., reported a transaction involving $1 Par Common Stock.
- The transaction involved the exempt withholding of 107 shares at a price of $374.76 to satisfy tax withholding obligations upon the settlement of restricted stock units.
- Following the transaction, Jepsen beneficially owns 6,288 shares, which includes 4,169 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax withholding) related to executive compensation, which is a normal business operation. Therefore, the sentiment is moderately positive as it indicates standard corporate governance.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders as it relates to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of stock transaction |
| 06/04/2024 | Date of report signature |
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