DEERE & CO 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Issuer Purchases of Equity Securities Purchases of our common stock during the second quarter of 2025 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 ​ ​ Purchased ​ Average Price ​ Programs (1) ​ Plans or Programs (1) Period ​ (thousands) ​ Per Share ​ (thousands) ​ (millions) Jan 27 to Feb 23 ​ 281 $ 480.30 ​ 281 ​ 18.4 ​ ​ Feb 24 to Mar 23 ​ 306 ​ ​ 482.65 ​ 306 ​ 18.1 ​ ​ Mar 24 to Apr 27 ​ 169 ​ ​ 471.67 ​ 169 ​ 17.9 ​ ​ Total ​ 756 ​ ​ ​ ​ 756 ​ ​ ​ ​ (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 17.9 million based on the closing price of our common stock on the New York Stock Exchange as of the end of the second quarter of 2025 of $459.30 per share. At the end of the second quarter of 2025, $8.2 billion of common stock remained to be purchased under this plan. Sales of Unregistered Equity Securities During the second quarter of 2025, we issued 3,850 deferred stock units under the Deere & Company Nonemployee Director Stock Ownership Plan (“NEDSOP”) to our nonemployee directors 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 February 27, 2025, we distributed 21,493 shares of common stock to a participant account under the NEDSOP. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.