Highest-materiality recent filing
Deere director Dmitri Stockton will not seek re-election at 2027 annual meeting
Stockton notified Deere board on May 26, 2026 that he will not stand for re-election at the 2027 annual meeting.
Deere reports Q2 FY2026 results; press release omitted from filing text
Filing states a press release was issued but the exhibit containing results is not included in the provided text.
Deere & Company elects Brent Norwood as CFO effective May 1, 2026
T. Brent Norwood, 44, elected SVP & CFO; succeeds acting CFO Ryan D. Campbell who continues as President, Worldwide Construction & Forestry and Power Systems.
Deere grants one-time PSUs to NEOs with total target value up to $35M
CEO John C. May receives $25M target value PSUs; Campbell and Kovar each $5M.
Deere shareholders elect all 10 directors, approve exec comp, reject 3 proposals
All 10 director nominees elected; John C. May received ~199M for, 6.5M against, 1.3M abstain.
Deere Q1 net income $656M ($2.42 EPS), revenue up 13%; raises FY2026 guidance to $4.5-5.0B
Net income $656M ($2.42 diluted EPS) vs $869M ($3.19) YoY; net sales and revenues $9.61B, up 13%.
Deere CFO Jepsen resigns effective Feb 19; Ryan Campbell named interim CFO
CFO Joshua A. Jepsen will resign effective February 19, 2026; departure unrelated to financial or accounting issues.
Deere appoints Cargill CEO Brian Sikes to board; Raj Kalathur to retire Jan 2026
Brian Sikes (Cargill Chair, President & CEO) elected to Deere board effective Dec 4, 2025, increasing board size from 10 to 11.
Deere Q4 net income $1.065B ($3.93 EPS), down 14% YoY; guides FY2026 $4-4.75B
Q4 net sales $12.394B up 11% YoY; net income $1.065B down 14%; EPS $3.93 vs $4.55.
Deere subsidiary issues $500M of 4.150% Notes due 2030, guaranteed by Deere
Issuer: Deere Funding Canada Corp., indirect wholly owned sub of Deere.
Deere names Kovar, Rose, Reed to new senior roles effective Nov 3
Deanna Kovar appointed President, Worldwide Ag & Turf Division: Production & Precision Ag, Americas/Australia markets.
Deere Q3 net income falls 26%; FY guidance narrowed to $4.75-$5.25B
Net income $1.289B ($4.75 EPS) vs $1.734B ($6.29) year ago, down 26%; revenue $12.018B down 9%.
Deere board member Sherry M. Smith dies; board reduces size, appoints new Lead Director
Sherry M. Smith, a Deere director since 2011 and Lead Director, passed away on July 7, 2025.
Deere Q2 net income $1.804B ($6.64 EPS) vs $2.370B prior year; sales down 16%
Net sales $11.171B, down 18% YoY; worldwide net sales and revenues $12.763B, down 16%.
Deere annual meeting: all directors elected, say-on-pay approved, shareholder proposals defeated
All 11 director nominees elected with average ~93% votes for, including CEO John C. May with 191.5M for vs 12.4M against.
Deere Q1 net income falls 50% to $869M; EPS $3.19; reaffirms FY2025 outlook
Net sales and revenues $8.51B, down 30% YoY; net sales $6.81B vs $10.49B.
Deere issues $2B in notes: $1.25B of 5.45% notes due 2035, $750M of 5.70% notes due 2055
Aggregate $2B principal: $1.25B 5.450% Notes due Jan 16, 2035; $750M 5.700% Notes due Jan 19, 2055.
Deere raises quarterly dividend to $1.62/share, up from $1.47
Quarterly dividend increased to $1.62 per share from $1.47, a $0.15 or 10.2% increase.
Deere Q4 net income falls 47% to $1.245B; FY2025 guidance $5.0-5.5B, below FY2024
Q4 EPS $4.55 vs $8.26 YoY; revenue down 28% to $11.143B. Full-year EPS $25.62 vs $34.63.
Deere appoints PACCAR CEO R. Preston Feight to board of directors
Board expanded from 11 to 12 members; Feight appointed effective Nov 1, 2024.
Deere Q3 net income $1.734B ($6.29 EPS) down 42% YoY; revenue falls 17%
Net income $1.734B, diluted EPS $6.29 vs $10.20 last year; revenue $13.152B, down 17%.
Deere announces workforce reduction of production and salaried employees in Q3 2024
Plan to reduce production and salaried workforce to meet strategic priorities and reduce overlap/redundancy.
On May 26, 2026, Dmitri Stockton notified the Board of Directors (the “Board”) of Deere & Company (the “Company”) that he would not stand for re-election as a director at the 2027 annual meeting of stockholders.
Mr. Norwood replaces Ryan D. Campbell, who was acting Chief Financial Officer and will continue as President, Worldwide Construction & Forestry and Power Systems for the Company.
On November 1, 2024, the Board of Directors (the “Board”) of Deere & Company (the “Company”) increased the size of the Board from 11 to 12 directors and appointed R. Preston Feight to the Board effective immediately.
Max materiality 0.85 · Median 0.60 · Most common event earnings