Deere & Co. DEF 14A: Executive Pay & Shareholder Meeting Details
Ticker: DE · Form: DEF 14A · Filed: 2025-01-10T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, annual-meeting, proxy-statement
Related Tickers: DE
TL;DR
Deere's DEF 14A is out, detailing exec pay & shareholder meeting info. Focus on stock options and pension costs for FY24.
AI Summary
Deere & Co. filed its DEF 14A on January 10, 2025, detailing executive compensation and annual meeting information for the period ending February 26, 2025. The filing includes compensation details for key executives such as Ryan D. Campbell, Rajesh Kalathur, Joshua Jepsen, John C. May, and Cory J. Reed, with stock options granted on December 13, 2023. It also provides financial data related to equity awards and pension costs for the fiscal year ending October 27, 2024.
Why It Matters
This filing provides crucial transparency into how Deere & Co. compensates its top executives and outlines the agenda for its annual shareholder meeting, impacting investor decisions and corporate governance.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) that primarily discloses executive compensation and meeting details, not typically indicative of immediate financial risk.
Key Numbers
- 20250226 — Reporting Period End (The period covered by the annual meeting information.)
- 20250110 — Filing Date (Date the DEF 14A was submitted to the SEC.)
Key Players & Entities
- Deere & Co. (company) — Filer of the DEF 14A
- Ryan D. Campbell (person) — Executive receiving stock options
- Rajesh Kalathur (person) — Executive receiving stock options
- Joshua Jepsen (person) — Executive receiving stock options
- John C. May (person) — Executive receiving stock options
- Cory J. Reed (person) — Executive receiving stock options
- December 13, 2023 (date) — Date stock options were granted
- October 27, 2024 (date) — Fiscal year end for financial data
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation, and to provide information about the annual meeting of shareholders.
Who are the key executives mentioned in relation to stock option grants?
The key executives mentioned in relation to stock option grants are Ryan D. Campbell, Rajesh Kalathur, Joshua Jepsen, John C. May, and Cory J. Reed, with grants dated December 13, 2023.
What is the fiscal year end for Deere & Co. as indicated in this filing?
The fiscal year end for Deere & Co. is October 27, 2024, as indicated by the financial data presented for the period.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on January 10, 2025.
What types of financial data related to compensation are highlighted?
The filing highlights data related to the year-end fair value of equity awards granted in covered years outstanding and unvested, as well as pension adjustment service costs for both PEO (Principal Executive Officer) and Non-PEO NEO (Non-Principal Executive Officer Named Executive Officer) categories.
From the Filing
0001558370-25-000112.txt : 20250110 0001558370-25-000112.hdr.sgml : 20250110 20250110114332 ACCESSION NUMBER: 0001558370-25-000112 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 182 CONFORMED PERIOD OF REPORT: 20250226 FILED AS OF DATE: 20250110 DATE AS OF CHANGE: 20250110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEERE & CO CENTRAL INDEX KEY: 0000315189 STANDARD INDUSTRIAL CLASSIFICATION: FARM MACHINERY & EQUIPMENT [3523] ORGANIZATION NAME: 06 Technology IRS NUMBER: 362382580 STATE OF INCORPORATION: DE FISCAL YEAR END: 1027 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-04121 FILM NUMBER: 25521553 BUSINESS ADDRESS: STREET 1: ONE JOHN DEERE PLACE CITY: MOLINE STATE: IL ZIP: 61265-8098 BUSINESS PHONE: (309) 765-8000 MAIL ADDRESS: STREET 1: ONE JOHN DEERE PLACE CITY: MOLINE STATE: IL ZIP: 61265-8098 DEF 14A 1 de-20250226xdef14a.htm DEF 14A DEERE & CO 0000315189 false DEF 14A DEERE & CO 0000315189 6 2023-10-30 2024-10-27 0000315189 5 2023-10-30 2024-10-27 0000315189 4 2023-10-30 2024-10-27 0000315189 3 2023-10-30 2024-10-27 0000315189 2 2023-10-30 2024-10-27 0000315189 1 2023-10-30 2024-10-27 0000315189 2022-10-31 2023-10-29 0000315189 2021-11-01 2022-10-30 0000315189 2020-11-02 2021-10-31 0000315189 de:RyanDCampbellMember us-gaap:EmployeeStockOptionMember 2023-12-13 0000315189 de:RajeshKalathurMember us-gaap:EmployeeStockOptionMember 2023-12-13 0000315189 de:JoshuaJepsenMember us-gaap:EmployeeStockOptionMember 2023-12-13 0000315189 de:JohnCMayMember us-gaap:EmployeeStockOptionMember 2023-12-13 0000315189 de:CoryJReedMember us-gaap:EmployeeStockOptionMember 2023-12-13 0000315189 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-10-30 2024-10-27 0000315189 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2023-10-30 2024-10-27 0000315189 ecd:PnsnAdjsSvcCstMember ecd:PeoMember 2023-10-30 2024-10-27 0000315189 ecd:PnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2023-10-30 2024-10-27 0000315189 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-10-30 2024-10-27 0000315189 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-10-30 2024-10-27 0000315189 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember 2023-10-30 2024-10-27 0000315189 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:NonPeoNeoMember 2023-10-30 2024-10-27 0000315189 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-10-30 2024-10-27 0000315189 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2023-10-30 2024-10-27 0000315189 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2023-10-30 2024-10-27 0000315189 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-10-30 2024-10-27 0000315189 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-10-30 2024-10-27 0000315189 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-10-30 2024-10-27 0000315189 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2022-10-31 2023-10-29 0000315189 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2022-10-31 2023-10-29 0000315189 ecd:PnsnAdjsSvcCstMember ecd:PeoMember 2022-10-31 2023-10-29 0000315189 ecd:PnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2022-10-31 2023-10-29 0000315189 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2022-10-31 2023-10-29 0000315189 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2022-10-31 2023-10-29 0000315189 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember 2022-10-31 2023-10-29 0000315189 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:NonPeoNeoMember 2022-10-31 2023-10-29 0000315189 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2022-10-31 2023-10-29 0000315189 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyA