WALKER KELLYE L. 4

What Happened

• Kellye L. Walker, Senior Vice President & Chief Legal Officer (CLO) at Deere & Co. (DE), had 568 shares withheld on May 1, 2026 to satisfy tax withholding obligations upon settlement of restricted stock units (RSUs). The withholding occurred at $577.26 per share, for a total value of approximately $327,884.
• This was a tax-withholding disposition (not an open-market sale or a purchase) tied to RSU settlement and is generally a routine administrative transaction rather than a signal of confidence or concern.

Key Details

• Transaction date and price: May 1, 2026 at $577.26 per share.
• Shares withheld/disposed: 568 shares; aggregate value ≈ $327,884.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: F1 notes exempt withholding of shares to satisfy tax withholding on RSU settlement; F2 states the filing includes 4,823 RSUs granted under the John Deere 2020 Equity and Incentive Plan and that units permit share withholding for taxes.
• Filing timeliness: Form 4 was filed on May 4, 2026 for a May 1 transaction; no late filing indication in the report.

Context

• This was a tax-withholding event upon RSU settlement (a common, administrative disposition). Shares were withheld to cover taxes rather than sold on the open market, so it does not convey the same investment signal as an open-market insider sale.
• For retail investors tracking insider activity, tax withholdings on awards are routine and typically less informative about management’s view of the stock than purchases or discretionary sales.