Deere grants one-time PSUs to NEOs with total target value up to $35M

DEERE & CO

CEO John C. May receives $25M target value PSUs; Campbell and Kovar each $5M.
PSUs earned based on annual Shareholder Value Added (SVA) targets over 5-year period ending Oct 2030.
Performance range: 0% payout below 90% SVA target, 100% at target, 175% at 125% or above.
PSUs time-vest through Oct 27, 2030; forfeiture within first 3 years unless death/disability/change of control.
Awards designed to incentivize long-term business results aligned with refined Leap Ambitions.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.