Form 4: Deere Executive Sells Shares for Tax Obligations

Deere & Co. President Ryan D. Campbell disposed of 645 common shares to cover tax withholding obligations related to restricted stock unit settlement.

Summary

• Ryan D. Campbell, President of Worldwide Construction & Forestry and Power Systems at Deere & Co., reported a transaction.
• On December 15, 2025, Campbell disposed of 645 shares of $1 Par Common Stock.
• This disposition was an exempt withholding of shares to satisfy tax withholding obligations upon the settlement of restricted stock units for unrestricted shares.
• The price per share for the disposed securities was $484.8.
• Following this transaction, Campbell beneficially owns 27,192 shares.
• The beneficially owned shares include 4,540 restricted stock units granted under the John Deere 2020 Equity and Incentive Plan, which are to be settled solely in shares and include the ability to have shares withheld for income tax obligations.

Sentiment

Score: 5

Explanation: A routine insider transaction for tax withholding purposes, which is a common occurrence and does not reflect a change in management's outlook or company performance.

Future Outlook

This filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction for tax purposes and does not provide specific insights into broader industry trends or competitive landscape. Such transactions are common for executives receiving equity compensation.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.

Key Dates

Recommendation

The Form 4 filing details a routine, non-discretionary disposition of shares by an executive to cover tax obligations upon the settlement of restricted stock units. This type of transaction is common and does not typically signal a change in the company's fundamentals or management's confidence, thus not warranting a change from a 'hold' recommendation based solely on this filing.

Keywords

Deere & Co, DE, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Executive Compensation