Form 4: Campbell's Co Director McLoughlin Reports Acquisition of Phantom Stock

Keith R McLoughlin, a director of Campbell's Co, reported acquiring phantom stock equivalent to 2,160.18 shares of common stock on March 27, 2025.

Summary

• On March 27, 2025, Keith R McLoughlin, a director of Campbell's Co [CPB], acquired phantom stock equivalent to 2,160.18 shares of common stock.
• The phantom stock is fully vested and payable in cash upon the reporting person's retirement, resignation, or termination from the Company's Supplemental Retirement Plan.
• Following the transaction, McLoughlin directly owns 51,322.41 shares of common stock, which includes 474.82 shares acquired through dividend reinvestment since the last report.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard disclosure of insider transactions. The acquisition of phantom stock can be seen as a positive sign of alignment with company interests, but it's not a major event.

Positives

• The acquisition of phantom stock indicates a continued alignment of the director's interests with the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

Form 4, Campbell's Co, McLoughlin, Phantom Stock, Director, CPB, Beneficial Ownership