Form 4: Campbell's Director Malone Acquires CPB Stock

Mary Alice Dorrance Malone, a Director and 10% owner of Campbell's Co, acquired 1,882 shares of common stock.

Summary

• Mary Alice Dorrance Malone, Jr., a Director and 10% Owner of Campbell's Co (CPB), acquired 1,882 shares of Common Stock.
• The transaction occurred on March 30, 2026, with an acquisition price of $0 per share.
• Following this direct acquisition, Ms. Malone, Jr. directly beneficially owns 1,882 shares of Common Stock.
• Additionally, Ms. Malone, Jr. indirectly beneficially owns a total of 53,770,972 shares through various trusts and entities, including the Mary Alice Malone, Jr. Management Trust, GRAT 9 Follow-On Trust, 1984 Trusts, Contango Limited LP, Hera Management LLC, Consul FL, LLC, Quizhou, LP, and the Mary Alice Dorrance Malone Revocable Trust.
• The total beneficial ownership (direct and indirect) for Ms. Malone, Jr. following this transaction is 53,772,854 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as an increase in a significant insider's beneficial ownership, even through a grant, generally reflects continued alignment with shareholder interests and confidence in the company.

Positives

• A Director and 10% owner acquiring additional shares, even at a $0 price (often indicating a grant or award), can signal continued confidence in the company's future prospects.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly acquisitions by significant shareholders and directors, are often monitored by investors as they can provide insights into management's perception of the company's value and future prospects. While a $0 acquisition price typically indicates a grant or award rather than a market purchase, it still increases the insider's stake.

Related Party Transactions

• Ms. Malone, Jr. is the beneficiary and co-trustee of the Mary Alice Malone, Jr. Management Trust, which holds 82,454 shares.
• Ms. Malone, Jr. is a co-trustee and a remainder beneficiary of the 1984 Trust fbo Mary Alice Malone, Jr., which holds 14,554 shares.
• Ms. Malone, Jr. is a co-trustee and a remainder beneficiary of the 1984 Trust fbo Catherine Dorrance Malone, which holds 14,554 shares (Ms. Malone, Jr. disclaims beneficial ownership except for pecuniary interest).
• Contango Limited LP, which holds 18,426,809 shares, has Hera Management LLC as its general partner, of which Ms. Malone, Jr. is a co-manager (Ms. Malone, Jr. disclaims beneficial ownership except for pecuniary interest).
• Hera Management LLC, which holds 1,333 shares, has Ms. Malone, Jr. as a co-manager (Ms. Malone, Jr. disclaims beneficial ownership except for pecuniary interest).
• Consul FL, LLC, which holds 17,274,200 shares, has Ms. Malone, Jr. as a co-manager (Ms. Malone, Jr. disclaims beneficial ownership except for pecuniary interest).
• Quizhou, LP, which holds 4,271,414 shares, has Grandjaero Management, LLC as its general partner, of which Ms. Malone, Jr. is a co-manager (Ms. Malone, Jr. disclaims beneficial ownership except for pecuniary interest).
• Ms. Malone, Jr. is co-beneficiary and co-trustee of the Mary Alice Dorrance Malone Revocable Trust, which holds 13,218,457 shares (Ms. Malone, Jr. disclaims beneficial ownership except for pecuniary interest).

Stakeholder Impact

• Shareholders may view the increased beneficial ownership by a Director and 10% owner as a positive signal of management's commitment and belief in the company's long-term value.

Key Dates

Keywords

Campbell's, CPB, Form 4, Insider Transaction, Stock Acquisition, Director, 10% Owner, Beneficial Ownership