Form 4: Deere & Co Director Laurence Neil Hunn Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Laurence Neil Hunn reports acquisition of 450 shares and 678 restricted stock units of Deere & Co under the Nonemployee Director Stock Ownership Plan.
Summary
- On March 6, 2024, Laurence Neil Hunn, a director of Deere & Co, reported acquiring 450 shares of $1 Par Common Stock at $0.
- Hunn also acquired 678 restricted stock units under the Nonemployee Director Stock Ownership Plan.
- These units will be settled exclusively in shares.
- Following the transaction, Hunn's holdings include 678 restricted stock units acquired under the Nonemployee Director Stock Ownership Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a transaction.
Positives
- The acquisition of shares and restricted stock units demonstrates the director's continued investment in the company.
Industry Context
This filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence, reflecting insider alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: Acquisition of common stock and restricted stock units. |
| 03/07/2024 | Date of signature for the Form 4 filing. |
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