Ryan Campbell, president of Worldwide Construction and Forestry and Power Systems at Deere & Co., sold 23,260 common shares on August 21, 2026 for approximately $15.1 million under a pre-established Rule 10b5-1 trading plan.
The weighted average sale price ranged from $650.31 to $654.05 per share. Campbell simultaneously exercised stock options to acquire an equal number of shares at prices between $254.83 and $438.44, costing $8.1 million. The options were granted under Rule 16b-3 and vest in installments from December 2021 through December 2026.
After the transactions, Campbell holds 27,192 Deere & Co. common shares directly, including 4,540 restricted stock units.
Deere reported third-quarter earnings per share of $5.10, topping consensus by $0.41, aided by $110 million in IEEPA tariff refunds that added about $0.29 to EPS. A higher effective tax rate reduced earnings by roughly $0.23.
Analysts adjusted price targets following the results. DA Davidson raised its target to $760 with a buy rating, Truist Securities set its target at $804 (down from $812) while maintaining a buy, and JPMorgan lifted its target to $585 but kept a neutral rating, citing fourth-quarter projections below expectations.
Separately, members of the United Auto Workers rejected a proposed two-year contract extension from Deere that included wage increases and bonuses.
