---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-016996"
form_type: "8-K"
ticker: "DE"
cik: "0000315189"
company_name: "DEERE & CO"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:16:37.526166+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Deere amends short-term incentive plan, raises annual payout cap to $10M

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-23-016996
- form_type: 8-K
- ticker: DE
- cik: 0000315189
- company_name: DEERE & CO
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315189/000155837023016996/0001558370-23-016996-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315189/000155837023016996/de-20231027x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-016996
- JSON: https://secwatch.observer/filing/0001558370-23-016996.json
- Plain text: https://secwatch.observer/filing/0001558370-23-016996.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.