other material
confidence high
sentiment neutral
materiality 0.40
Deere amends short-term incentive plan, raises annual payout cap to $10M
DEERE & CO
- Increased per-participant annual limit from $5M to $10M for any plan year, effective FY2023.
- Removed provisions tied to Section 162(m) of the Internal Revenue Code, now obsolete.
- Includes other non-substantive, administrative amendments.
- Plan remains unchanged in structure and eligibility criteria.