Form 4: Deere & Co. Director Alan Cletus Heuberger Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Alan Cletus Heuberger reports acquisition of 385 shares of Deere & Co. restricted stock units.
Summary
- On March 5, 2025, Alan Cletus Heuberger, a director of Deere & Co., acquired 385 shares of restricted stock units.
- The acquisition was part of the Nonemployee Director Stock Ownership Plan.
- Following the transaction, Heuberger beneficially owns 6,689 shares of Deere & Co.
- The restricted stock units will be settled exclusively in shares.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of director interests with shareholders.
Positives
- The acquisition of restricted stock units aligns the director's interests with those of the shareholders.
- The Nonemployee Director Stock Ownership Plan provides for tax withholding rights.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The acquisition of restricted stock units by a director can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Acquisition of restricted stock units. |
| 03/06/2025 | Date of report filing. |
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