CPB.NASDAQCampbell's CO

Form 4: Campbell's Co Director Mary Alice Malone Reports Share Acquisition

Sentiment:

SEC Form 4 Filing


Director Mary Alice Malone reported the acquisition of 948 shares of Campbell's Co common stock on December 30, 2024, through indirect holdings.

Summary

  • Mary Alice Malone, a director of Campbell's Co, reported acquiring 948 shares of common stock on December 30, 2024.
  • The shares were acquired indirectly at a price of $0.
  • Following the transaction, Ms. Malone's indirect holdings include 39,958,156 shares held by the Mary Alice Malone Revocable Trust, 103,974 shares held by a trust for her daughter, 13,230,543 shares held by Contango Limited LP, and 1,333 shares held by Hera Management LLC.
  • Ms. Malone disclaims beneficial ownership of the shares held by the trusts and entities, except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders who have made transactions in their company's stock. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

  • Form 4 filings are a standard practice for all publicly traded companies in the US.
  • The reporting of indirect ownership through trusts and LLCs is common among corporate insiders.
  • The transaction itself is not unusual, as it involves a relatively small number of shares compared to the total holdings.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disclosure of a director's share acquisition.

Key Dates

DateDescription
12/30/2024Date of the share acquisition transaction.
12/31/2024Date the form was signed by Marci K. Donnelly, Attorney-in-Fact.

Keywords

Form 4, Beneficial Ownership, Share Acquisition, Director, Campbell's Co, Mary Alice Malone, Indirect Holdings

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