DEERE & CO
For the period ended Feb 1, 2026. Filed Feb 26, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Feb 1, 2026 · Filed Feb 26, 2026
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Item 1A. Risk Factors
See our most recently filed Annual Report on Form 10-K (Part I, Item 1A). The risks described in the Annual Report on Form 10-K, and the “Forward-Looking Statements” in this report, are not the only risks we face. Additional risks and uncertainties may also materially affect our business, financial condition, or operating results. One should not consider the risk factors to be a complete discussion of risks, uncertainties, and assumptions.
Issuer Purchases of Equity Securities
Purchases of our common stock during the first quarter of 2026 were as follows:
| | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · Total Number of · · | ||||||||||
| · · · · · · · Shares Purchased as · · Maximum Number of | ||||||||||
| · · Total Number of · · · · · Part of Publicly · · Shares that May Yet Be | ||||||||||
| · · Shares · · · · · Announced Plans or · · Purchased under the | ||||||||||
| · · Purchased2 · · Average Price · · Programs1 · · Plans or Programs1 | ||||||||||
| Period · · (thousands) · · Per Share · · (thousands) · · (millions) | ||||||||||
| Nov 3 to Nov 30 | | | | | | | | 15.0 | | |
| Dec 1 to Dec 28 | | 352 | | $471.87 | | 340 | | 14.6 | | |
| Dec 29 to Feb 1 | | 262 | | | 505.99 | | 262 | | 14.4 | |
| Total | | 614 | | | | | 602 | | | |
1 We have a share repurchase plan that was announced in December 2022 to purchase up to $18.0 billion of shares of our common stock. The maximum number of shares that may yet be purchased under this plan was 14.4 million based on the closing price of our common stock on the New York Stock Exchange as of the end of the first quarter of 2026 of $528.00 per share. At the end of the first quarter of 2026, $7.6 billion of common stock remains to be purchased under this plan.
2 In the first quarter of 2026, 12 thousand shares of common stock were acquired from plan participants at a weighted-average market price of $481.62 per share to pay payroll taxes on the vesting of restricted stock units and to enable stock-for-stock exercises of options.
Sales of Unregistered Equity Securities
During the first quarter of 2026, we issued 88 deferred stock units under the Deere & Company Nonemployee Director Stock Ownership Plan (“NEDSOP”) to a nonemployee director for their service on our Board of Directors. The deferred stock units convert to shares of common stock on a one-for-one basis following a termination of service as described in the plan. Deferred stock units and shares of common stock issued under the NEDSOP are exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506 of the SEC’s Regulation D thereunder.
On January 2, 2026, we distributed 1,325 shares of common stock to a participant account under the NEDSOP.
None.
Not applicable.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.