Form 4: Campbell Soup Co. Director Averill Howard M Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Averill Howard M reports acquiring phantom stock and dividend reinvestments in Campbell Soup Co.
Summary
- On June 26, 2024, Averill Howard M, a director of Campbell Soup Co., reported acquiring phantom stock equivalent to 942.36 shares of common stock.
- These phantom shares are fully vested and payable in cash upon retirement, resignation, or termination from the company's Supplemental Retirement Plan.
- The report also includes 195.03 shares acquired through dividend reinvestment since the last report.
- Additionally, 4.56 shares were included to correct an omission from a previous filing on March 28, 2004, due to an administrative error.
- Following the reported transaction, Averill Howard M beneficially owns 24,820.66 shares of Campbell Soup Co.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any particularly positive or negative sentiment.
Positives
- The acquisition of phantom stock and dividend reinvestment indicates a continued investment in the company by a director.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't provide significant insight into broader industry trends.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/28/2004 | Date of previous Form 4 filing with an administrative error. |
| 06/26/2024 | Date of the reported transaction (acquisition of phantom stock). |
| 06/27/2024 | Date of signature for the Form 4 filing. |
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