Form 4: Deere & Co Director Acquires Restricted Stock Units
SEC Form 4
Sherry M Smith, a director at Deere & Co, acquired 450 restricted stock units on March 6, 2024, under the company's Nonemployee Director Stock Ownership Plan.
Summary
- On March 6, 2024, Sherry M Smith, a director of Deere & Co, acquired 450 restricted stock units.
- The acquisition was made under the Nonemployee Director Stock Ownership Plan.
- These units will be settled exclusively in shares.
- Following the transaction, Smith beneficially owns 13,271 restricted stock units.
- The reporting person has power of attorney.
- The price of the stock was $0.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to insider transactions, specifically the acquisition of restricted stock units by a company director. Such transactions are common and are part of director compensation packages in many publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It reflects the company's compensation practices for its directors.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: Sherry M Smith acquired 450 restricted stock units. |
| 03/07/2024 | Date of signature: Form 4 signed by Paul Wilczynski, Assistant Secretary, Deere & Company, Under Power of Attorney. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.