Form 4: Deere Executive Sells Shares for Tax Obligations
Insider Transaction Report
Deanna M. Kovar, President of Ag & Turf, Product & Precision Ag at Deere & Co., disposed of 402 shares of common stock to cover tax withholding obligations related to restricted stock unit settlement.
Summary
- Deanna M. Kovar, an officer of Deere & Co. (DE) holding the title of President Ag & Turf, Prod & Prec Ag, reported a transaction on December 15, 2025.
- The transaction involved the disposition of 402 shares of $1 Par Common Stock.
- The shares were disposed of at a price of $484.8 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, Deanna M. Kovar beneficially owns 7,792 shares of common stock.
- The reported beneficial ownership includes 4,451 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: The filing reports a routine, non-discretionary transaction related to tax withholding on executive compensation, which is a neutral event for company valuation or operational outlook.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes, not a sale based on a change in investment outlook.
Key Dates
| Date | Description |
|---|---|
| 12/15/2025 | Date of transaction for the disposition of common stock. |
| 12/16/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Recommendation
holdThis Form 4 reports a routine, non-discretionary sale of shares by an executive to cover tax withholding obligations upon the settlement of restricted stock units. Such transactions are common and do not typically indicate a change in the executive's or company's outlook, nor do they suggest a fundamental shift in the company's value proposition. Therefore, it does not warrant a change in investment recommendation.
Keywords
Deere & Co., DE, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Deanna Kovar, Executive Compensation, Restricted Stock Units
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