Form 4: Deere & Company Executive Felecia J. Pryor Reports Stock Transaction

Felecia J. Pryor, a Senior Vice President at Deere & Company, reported the disposal of 297 shares to cover tax obligations related to restricted stock units.

Summary

• Felecia J. Pryor, a Senior Vice President and Chief People Officer at Deere & Company, filed a Form 4 with the SEC.
• The filing reports a transaction on December 13, 2024, where 297 shares of Deere & Company common stock were disposed of at a price of $440.44 per share.
• This disposal was to cover tax withholding obligations related to the settlement of restricted stock units.
• Following the transaction, Ms. Pryor beneficially owns 11,448 shares, which includes 7,370 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is neither positive nor negative for the company's overall performance. The sentiment is neutral to slightly positive as it indicates the executive is receiving compensation.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• Executive stock transactions are a common practice in publicly traded companies, particularly for compensation and tax purposes.
• The use of restricted stock units and subsequent share disposals for tax obligations is a standard practice across various industries.
• The reported transaction is consistent with typical executive compensation practices at companies of similar size and structure to Deere & Company.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine executive stock transaction.

Key Dates

Keywords

SEC Form 4, Deere & Company, Stock Transaction, Felecia J. Pryor, Restricted Stock Units, Tax Withholding, Executive Compensation