CPB.NASDAQCampbell's CO

Form 4: Campbell Soup Co. Director Archbold D vanBeuren Reports Acquisition of 936 Shares

Sentiment:

SEC Form 4 Filing


Director Archbold D vanBeuren reported acquiring 936 shares of Campbell Soup Co. common stock on June 26, 2024, at $0 per share.

Summary

  • On June 26, 2024, Archbold D vanBeuren, a director of Campbell Soup Co., acquired 936 shares of common stock.
  • The acquisition price was $0 per share.
  • Following the transaction, vanBeuren's indirectly held beneficial ownership includes 584,522 shares held by ADvB Revocable Trust, 450,705 shares held by ADvB 2016 GRAT, 2,857 shares held by a family management company (AMC), 3,994 shares held by another family management company (vBManagers), and 180,000 shares held by a spousal trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing detailing a transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

  • The acquisition of shares by a director could be interpreted as a positive signal regarding their confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a director, which is common and expected.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders by slightly increasing the director's stake in the company.

Key Dates

DateDescription
01/31/2024Arnott Investment Partners LP was dissolved, and securities were transferred to various trusts and LLCs.
06/26/2024Date of the transaction where Archbold D vanBeuren acquired 936 shares of Campbell Soup Co. common stock.
06/27/2024Date of signature by Marci K. Donnelly, Attorney-in-Fact.

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