8-K

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: August 1, 2023

(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 5.02Departure of Directors or Certain Officers, Election of Directors, Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 1, 2023, the Board of Directors (the “Board”) of Deere & Company (the “Company”) increased the size of the Board from 11 to 12 directors and elected L. Neil Hunn to the Board effective August 1, 2023. Mr. Hunn is the president and chief executive officer of Roper Technologies, Inc., a Sarasota, Florida-based company which develops software, engineered products, and solutions.

There are no family relationships between Mr. Hunn and the Company or any director, executive officer, or person nominated or chosen by the Company to become a director or executive officer. The Company is not aware of any related party transactions or relationships between Mr. Hunn and the Company that would require disclosure under Item 404(a) of Regulation S-K.

Item 7.01Regulation FD Disclosure.

On August 1, 2023, the Company issued a press release relating to Mr. Hunn’s appointment, a copy of which is attached hereto and incorporated by reference as Exhibit 99.1.

The information in this Item 7.01 is not filed for purposes of the Securities Exchange Act of 1934 and is not deemed incorporated by reference by any general statements incorporating by reference this report or future filings into any filings under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent the Company specifically incorporates the information by reference.

Item 9.01Financial Statements and Exhibits.

(d)Exhibits

Number	Description of Exhibit
99.1	Press Release dated August 1, 2023
104	Cover Page Interactive Data File (the cover page XBRL tags are imbedded in the Inline XBRL document)

2

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
		Secretary
Dated: August 1, 2023

3

EX-99.1

Exhibit 99.1

News Release

Contact:Jen HartmannDirector, Public RelationsHartmannJenniferA@JohnDeere.com

Roper Technologies Chief Executive Officer Neil Hunn Joins Deere Board of Directors

MOLINE, IL., August 1, 2023 – Deere & Company (NYSE: DE) today announced the election of Neil Hunn to the company's board of directors. He currently serves as President and Chief Executive Officer of Roper Technologies, Inc. (Nasdaq: ROP), a constituent of the Fortune 1000 and one of the largest application software companies in the S&P 500.

"We are pleased to welcome a business leader of Neil’s stature to the Deere board," said John C. May, chairman and chief executive officer. "He brings over two decades of software, technology, and business model transformation experience to our diverse, talented group of directors. His background in innovative technologies and technology-enabled products will be of particular value as we carry out our Smart Industrial operating model and unlock more ways to help our customers be more profitable and sustainable."

Hunn joined Roper in 2011 as a group vice president and later became executive vice president and chief operating officer. He was named to his present position in 2018. Earlier in his career, he served in executive roles with medical-software and other technology companies. He is a member of the Business Roundtable and U.S. Business Council.

A Georgia native, Hunn earned a bachelor’s degree in finance and accounting from Miami University (Ohio) and an MBA from Harvard Business School.

With Hunn’s election, the size of Deere’s board has increased to 12 members, 11 of whom are independent, or non-employee, directors. 

XML

Document and Entity Information	Aug. 01, 2023
Document Information [Line Items]
Document Type	8-K
Document Period End Date	Aug. 01, 2023
Entity File Number	1-4121
Entity Registrant Name	DEERE & CO
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-2382580
Entity Address, Address Line One	One John Deere Place
Entity Address, City or Town	Moline
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	61265
City Area Code	309
Local Phone Number	765-8000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Central Index Key	0000315189
Amendment Flag	false
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common stock, $1 par value
Trading Symbol	DE
Security Exchange Name	NYSE
6.55% Debentures Due 2028
Document Information [Line Items]
Title of 12(b) Security	6.55% Debentures Due 2028
Trading Symbol	DE28
Security Exchange Name	NYSE