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    Deere & Company filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    2/28/25 7:00:28 AM ET
    $DE
    Industrial Machinery/Components
    Industrials
    Get the next $DE alert in real time by email
    DEERE & CO_February 26, 2025
    0000315189falseDEERE & CO0000315189us-gaap:CommonStockMember2025-02-262025-02-260000315189de:Debentures6.55PercentDue2028Member2025-02-262025-02-2600003151892025-02-262025-02-26

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

    ​

    ​

    ​

    ​

    FORM 8-K

    ​

    CURRENT REPORT

    Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

    Date of Report: February 26, 2025

    (Date of earliest event reported)

    DEERE & COMPANY

    (Exact name of registrant as specified in its charter)

    ​

    ​

    ​

    ​

    ​

    Delaware

    ​

    1-4121

    ​

    36-2382580

    (State or other jurisdiction of incorporation)

    ​

    (Commission File Number)

    ​

    (IRS Employer Identification No.)

    One John Deere Place

    Moline, Illinois 61265

    (Address of principal executive offices and zip code)

    (309) 765-8000

    (Registrant’s telephone number, including area code)

    ___________________________________________________

    (Former name or former address, if changed since last report.)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

    ​

    ​

    ​

    ​

    ​

    Title of each class

    ​

    Trading symbol

    ​

    Name of each exchange on which registered

    Common stock, $1 par value

    ​

    DE

    ​

    New York Stock Exchange

    6.55% Debentures Due 2028

    ​

    DE28

    ​

    New York Stock Exchange

    ​

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

    ​

    ​

    ​

    ​

    Item 5.07Submission of Matters to a Vote of Security Holders

    Deere & Company (the “Company”) held its annual meeting of shareholders on February 26, 2025 (the “Annual Meeting”). The voting results for each matter submitted to a vote of shareholders at the Annual Meeting are as follows:

    1.Election of Directors

    All director nominees were elected for terms expiring at the 2026 annual meeting of shareholders with the following votes:

    Shares Voted For

    Shares Voted Against

    Abstain

    Broker Non-Votes

    Leanne G. Caret

    199,850,940

    4,701,539

    514,046

    31,663,030

    Tamra A. Erwin

    196,813,649

    7,740,638

    512,238

    31,663,030

    R. Preston Feight

    203,763,124

    792,817

    510,584

    31,663,030

    Alan C. Heuberger

    203,331,425

    1,232,619

    502,481

    31,663,030

    L. Neil Hunn

    202,844,165

    1,698,295

    524,065

    31,663,030

    Michael O. Johanns

    198,887,488

    5,678,005

    501,032

    31,663,030

    John C. May

    191,481,660

    12,394,537

    1,190,328

    31,663,030

    Gregory R. Page

    191,477,516

    13,057,059

    531,950

    31,663,030

    Sherry M. Smith

    195,908,421

    8,645,566

    512,538

    31,663,030

    Dmitri L. Stockton

    195,970,232

    8,587,564

    508,729

    31,663,030

    Sheila G. Talton

    199,833,746

    4,712,194

    520,585

    31,663,030

    ​

    2.Advisory Vote on Executive Compensation

    The shareholders approved, on an advisory basis, the compensation paid to the Company’s named executive officers with the following vote:

    Shares Voted For Proposal

    Shares Voted Against Proposal

    Abstain

    Broker Non-Votes

    182,402,618

    21,861,673

    802,234

    31,663,030

    ​

    3.Ratification of Independent Registered Public Accounting Firm

    Deloitte & Touche LLP was ratified as the Company’s independent registered public accounting firm for the 2025 fiscal year with the following vote:

    Shares Voted For Proposal

    Shares Voted Against Proposal

    Abstain

    222,822,039

    13,283,085

    624,431

    ​

    ​

    ​

    ​

    ​

    2

    4.Shareholder Proposal Regarding a Report on Racial and Gender Hiring Statistics

    A shareholder proposal regarding a report on racial and gender hiring statistics was not approved, with the following vote:

    Shares Voted For Proposal

    Shares Voted Against Proposal

    Abstain

    Broker Non-Votes

    2,763,945

    200,214,274

    2,088,306

    31,663,030

    ​

    5.Shareholder Proposal Regarding a Report on Effectiveness of Efforts to Create a Meritocratic Workplace

    As previously announced by the Company in its Supplement to the Proxy Statement filed with the U.S. Securities and Exchange Commission on February 24, 2025, the shareholder proposal regarding a report on effectiveness of efforts to create a meritocratic workplace was unilaterally withdrawn. Therefore, the proposal was not presented or voted upon at the Annual Meeting, nor were any votes cast tabulated.

    6.Shareholder Proposal Regarding a Corporate Financial Sustainability Report

    A shareholder proposal regarding a corporate financial sustainability report was not approved, with the following vote:

    Shares Voted For Proposal

    Shares Voted Against Proposal

    Abstain

    Broker Non-Votes

    1,952,678

    201,012,999

    2,100,848

    31,663,030

    ​

    7.Shareholder Proposal Regarding a Civil Rights Audit

    A shareholder proposal regarding a civil rights audit was not approved, with the following vote:

    Shares Voted For Proposal

    Shares Voted Against Proposal

    Abstain

    Broker Non-Votes

    59,775,805

    142,808,452

    2,482,268

    31,663,030

    ​

    8.Shareholder Proposal Regarding a Report on Charitable Giving

    A shareholder proposal regarding a report on charitable giving was not approved, with the following vote:

    Shares Voted For Proposal

    Shares Voted Against Proposal

    Abstain

    Broker Non-Votes

    2,549,298

    200,450,816

    2,066,411

    31,663,030

    ​

    3

    Signature

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    ​

    ​

    ​

    ​

    DEERE & COMPANY

    ​

    ​

    ​

    ​

    ​

    ​

    By:

    /s/ Edward R. Berk

    ​

    ​

    Edward R. Berk

    ​

    ​

    Corporate Secretary

    ​

    ​

    ​

    ​

    ​

    ​

    Dated: February 28, 2025

    ​

    ​

    ​

    ​

    ​

    4

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