Form 4: Deere Executive Sells Shares for Tax Obligations

Deere & Company's President of Agriculture & Turf, Justin Ryan Rose, disposed of 3,034 common shares to cover tax withholding obligations related to restricted stock unit settlement.

Summary

• Justin Ryan Rose, President of Agriculture & Turf, Small Ag & Turf at Deere & Company, reported a transaction on October 31, 2025.
• The transaction involved the disposition of 3,034 shares of $1 Par Common Stock.
• The shares were disposed of at a price of $461.63 per share.
• This disposition was an exempt withholding of shares to satisfy tax withholding obligations upon the settlement of restricted stock units for unrestricted shares.
• Following this transaction, Mr. Rose beneficially owns 11,849 shares of common stock.
• The beneficially owned shares include 3,403 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale to cover tax obligations upon the vesting of restricted stock units. It does not indicate any positive or negative sentiment regarding the company's performance or future prospects.

Positives

• The transaction is a routine tax-related event, not a discretionary sale, indicating no negative sentiment from the insider regarding the company's prospects.

Negatives

• No specific negative aspects are indicated by this routine tax-related transaction.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction filing (Form 4) related to executive compensation and tax obligations, which typically has no direct bearing on broader industry trends or competitive landscape. It reflects standard practices for equity compensation in large public companies.

Comparison to Industry Standards

• The disposition of shares to cover tax withholding upon the vesting of restricted stock units is a common practice for executives receiving equity compensation across various industries.
• This type of transaction is standard for companies like Caterpillar Inc. (CAT) or CNH Industrial N.V. (CNHI), where executives often receive performance-based equity awards that vest over time.
• The structure of the John Deere 2020 Equity and Incentive Plan, which includes restricted stock units with tax withholding provisions, aligns with typical corporate governance and compensation strategies seen in peer companies.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the executive's investment thesis or company fundamentals.
• Employees: No direct impact on general employees.
• Management: Reflects standard executive compensation practices and compliance with tax obligations.

Key Dates

Keywords

Deere & Company, DE, Form 4, Insider Transaction, Stock Sale, Executive Compensation, Restricted Stock Units, Tax Withholding, Justin Ryan Rose, Agriculture & Turf