Form 4: Deere & Co. Executive Deanna M. Kovar Reports Stock Disposals for Tax Obligations

Deanna M. Kovar, a Deere & Co. executive, disposed of shares to cover tax obligations related to the settlement of restricted stock units.

Summary

• Deanna M. Kovar, a President at Deere & Co., reported the disposal of company stock on December 14th and 15th, 2024.
• These disposals were made to satisfy tax withholding obligations arising from the settlement of restricted stock units.
• On December 14th, 63 shares were disposed of at a price of $440.44 per share.
• On December 15th, 232 shares were disposed of at the same price of $440.44 per share.
• Following these transactions, Ms. Kovar beneficially owns 6,312 shares of Deere & Co. stock.
• Ms. Kovar also holds 3,924 restricted stock units under the John Deere 2020 Equity and Incentive Plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, which is neither positive nor negative for the company's overall performance. It is a neutral event.

Industry Context

This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies like Deere & Co.
• Companies such as Caterpillar, AGCO, and CNH Industrial also have executives who regularly report similar transactions.
• The disposal of shares to cover tax obligations is a standard practice when restricted stock units vest.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Deere & Co, stock disposal, insider trading, restricted stock units, tax obligations, executive compensation, Form 4