CPB.NASDAQCampbell's CO

Form 4: Campbell Soup Director Hofstetter Reports Acquisition of Phantom Stock

Sentiment:

SEC Form 4 Filing


Director Sarah Hofstetter reports acquiring phantom stock in Campbell Soup Co. through a transaction on June 26, 2024.

Summary

  • Sarah Hofstetter, a director of Campbell Soup Co., filed a Form 4 on June 27, 2024, reporting a transaction.
  • The transaction involved the acquisition of phantom stock on June 26, 2024.
  • Hofstetter acquired 860.18 shares of phantom stock.
  • Following the transaction, Hofstetter beneficially owns 20,748.92 shares of phantom stock.
  • This includes 162.45 shares acquired through dividend reinvestment since the last report.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it involves phantom stock, which is a form of deferred compensation.

Key Dates

DateDescription
06/26/2024Date of phantom stock transaction
06/27/2024Date of Form 4 filing

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