Form 4: Campbell Soup Director Hofstetter Reports Acquisition of Phantom Stock
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
| Date | Description |
|---|---|
| 06/26/2024 | Date of phantom stock transaction |
| 06/27/2024 | Date of Form 4 filing |
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