Form 4: Deere & Co. Director Preston Feight Reports Acquisition of Common Stock

Director Preston Feight reports acquiring 145 shares of Deere & Co. common stock on November 1, 2024.

Summary

• On November 1, 2024, Preston Feight, a director of Deere & Co., acquired 145 shares of the company's common stock.
• The acquisition was part of a prorated grant of restricted stock units under the Nonemployee Director Stock Ownership Plan.
• The shares were acquired at a price of $0.
• Following the transaction, Mr. Feight directly owns 145 shares of Deere & Co. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The restricted stock units will be settled exclusively in shares, as authorized by the Board of Directors, under the Nonemployee Director Stock Ownership Plan.

Industry Context

Director stock ownership is a common practice in publicly traded companies and is often viewed as aligning the interests of management with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholder confidence.

Key Dates