secwatch.observer — SEC 8-K summary
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Issuer:     DEERE & CO (DE)
CIK:        0000315189
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0001104659-26-028536
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315189/000110465926028536/0001104659-26-028536-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315189/000110465926028536/de-20260312x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-028536

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer