Form 4: Campbell's Co Director vanBeuren Archbold D Reports Beneficial Ownership Changes
SEC Form 4 Filing
Director vanBeuren Archbold D reports changes in beneficial ownership of Campbell's Co stock, including a contribution to a revocable trust and indirect ownership through family management companies.
Summary
- On December 30, 2024, Director vanBeuren Archbold D reported changes in their beneficial ownership of Campbell's Co [CPB] stock.
- The changes include the acquisition of 1,031 shares at $0, likely due to a transfer or grant.
- The report also details indirect ownership through the ADvB Revocable Trust (599,430 shares), ADvB 2016 GRAT (437,692 shares), family management companies (2,857 and 3,994 shares), and a Spousal Trust (180,000 shares).
- A contribution of 13,013 shares was made from the ADvB 2016 GRAT to the ADvB Revocable Trust on November 1, 2024.
- The reporting person disclaims beneficial ownership of securities held by family management companies and the spousal trust, except to the extent of their pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It helps stakeholders understand the ownership structure and potential alignment of interests between management and shareholders.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Contribution of 13,013 shares from the ADvB 2016 GRAT to the ADvB Revocable Trust. |
| 12/30/2024 | Date of the transaction reported in the Form 4 filing. |
| 12/31/2024 | Date of signature by Attorney-in-Fact. |
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