Form 4: Campbell Soup Director vanBeuren Reports Stock Transfers Following Partnership Dissolution

Director Archbold D. vanBeuren reports changes in beneficial ownership of Campbell Soup Co. stock due to the dissolution of a family investment partnership.

Summary

• On March 27, 2024, Archbold D. vanBeuren, a director of Campbell Soup Co., reported changes in beneficial ownership of the company's common stock.
• These changes stem from the dissolution of Arnott Investment Partners LP, a family investment partnership, on January 31, 2024.
• Securities held by Arnott, in which vanBeuren had a pecuniary interest, were transferred to the ADvB Revocable Trust, the ADvB 2016 GRAT, and vBManagers, LLC.
• VanBeuren also indirectly owns shares through ABANCO Management Corp. (AMC) and vBManagers, LLC, family management companies.
• He disclaims beneficial ownership of shares held by AMC and vBManagers, LLC, except to the extent of his pecuniary interest.
• VanBeuren also disclaims beneficial ownership of securities held in a spousal trust.
• Following the reported transactions, vanBeuren directly owns 969 shares and indirectly owns 583,586 shares through the ADvB Revocable Trust, 450,705 shares through the ADvB 2016 GRAT, 2,857 shares through a family management company, 3,994 shares through another family management company, and 180,000 shares through a spousal trust.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates internal restructuring of personal holdings rather than a direct reflection of the company's performance.

Key Dates