Form 4: Campbell's EVP Disposes Shares for Tax Obligations

Campbell's Executive Vice President, General Counsel, and Corporate Secretary, Charles A. Brawley III, disposed of 3,373 shares of common stock to cover tax withholding obligations.

Summary

• Charles A. Brawley III, EVP, General Counsel, and Corporate Secretary of Campbell's Co (CPB), reported a transaction.
• On December 1, 2025, Brawley disposed of 3,373 shares of Campbell's Common Stock.
• The disposition was made at a price of $30.48 per share.
• This transaction was for the purpose of satisfying tax withholding obligations.
• Following this transaction, Brawley beneficially owns 55,327 shares of Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: A routine insider transaction for tax purposes, pre-planned under Rule 10b5-1, which is neutral in terms of company sentiment.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Charles A. Brawley III, an executive officer, disposed of company common stock to the issuer to satisfy tax withholding obligations related to compensation.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, pre-planned transaction for tax purposes by an executive.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Recommendation

This Form 4 reports a routine, pre-planned disposition of shares by an executive to cover tax withholding obligations. Such transactions are common and do not typically reflect a change in the executive's confidence in the company or its future prospects. Therefore, it does not provide new information that would alter an existing investment thesis, warranting a 'hold' recommendation.

Keywords

Campbell's Co, CPB, Insider Transaction, Form 4, Stock Disposition, Executive Stock Sale, Tax Withholding, Charles A. Brawley III, Rule 10b5-1