Form 4: Deere & Co. Executive Receives Equity Awards

Deere & Company's President of JD Financial & CIO, Rajesh Kalathur, reported the acquisition of restricted stock units and stock options, alongside a tax-related share disposition.

Summary

• Rajesh Kalathur, President, JD Financial & CIO of Deere & Company, reported transactions involving common stock and derivative securities.
• On December 10, 2025, Kalathur acquired 1,919 shares of $1 Par Common Stock through a grant of restricted stock units (RSUs) under the John Deere 2020 Equity and Incentive Plan.
• On December 11, 2025, 307 shares of $1 Par Common Stock were disposed of at a price of $475.94 per share to satisfy tax withholding obligations upon the settlement of restricted stock units.
• Following these transactions, Kalathur beneficially owns 76,490 shares of common stock, which includes 5,774 restricted stock units to be settled solely in shares.
• On December 10, 2025, Kalathur also acquired 7,145 market-priced options with an exercise price of $468.90.
• These options become exercisable in three approximately equal installments on December 10, 2026, 2027, and 2028, and expire on December 10, 2035.

Sentiment

Score: 6

Explanation: The filing reports routine executive equity grants, which are generally positive for aligning management incentives with shareholder interests, offset by a standard tax-related share disposition.

Positives

• The grant of 1,919 restricted stock units and 7,145 market-priced options aligns executive compensation with shareholder interests, incentivizing long-term performance.
• The equity awards are part of the John Deere 2020 Equity and Incentive Plan, indicating a structured approach to executive compensation.

Future Outlook

The acquired market-priced options will become exercisable in three approximately equal installments on December 10, 2026, 2027, and 2028, with an expiration date of December 10, 2035. The restricted stock units are subject to future settlement.

Industry Context

This Form 4 filing reflects a routine executive compensation event, common across publicly traded companies, where equity awards are granted to align management incentives with long-term shareholder value creation.

Stakeholder Impact

• Shareholders: The equity grants align the interests of a key executive with those of shareholders, potentially fostering long-term value creation.
• Employees: The John Deere 2020 Equity and Incentive Plan provides a framework for executive compensation, which can influence broader employee incentive structures.

Next Steps

• Restricted stock units will be settled for unrestricted shares, with provisions for tax withholding.
• Market-priced options will become exercisable in three installments on December 10, 2026, 2027, and 2028.

Key Dates

Keywords

Deere & Company, DE, Rajesh Kalathur, Insider Transaction, Form 4, Restricted Stock Units, Stock Options, Executive Compensation, Equity Grant