Form 4: Campbell Soup Co. Director Maria Teresa Hilado Reports Acquisition of Phantom Stock
SEC Form 4 Filing
Director Maria Teresa Hilado reports acquiring phantom stock and dividend reinvestment shares in Campbell Soup Co.
Summary
- On June 26, 2024, Maria Teresa Hilado, a director of Campbell Soup Co., reported acquiring phantom stock equivalent to 935.51 shares of common stock.
- The phantom shares are fully vested and payable in cash upon retirement, resignation, or termination from the company's Supplemental Retirement Plan.
- Hilado also acquired 215.36 shares through dividend reinvestment since the last report, bringing the total direct ownership to 27,302.64 shares.
- The report was filed on June 27, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of stock transactions by a company director.
Positives
- The acquisition of phantom stock and dividend reinvestment indicates a continued investment in the company by a director.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's ongoing investment in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of phantom stock acquisition and dividend reinvestment. |
| 06/27/2024 | Date of Form 4 filing. |
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