Form 4: Campbell Soup Executive Acquires Shares as Part of Compensation Package
SEC Form 4 Filing
Daniel L. Poland, EVP and Chief Supply Chain Officer of Campbell Soup Co., acquired 39,841 shares of common stock as part of a compensation package.
Summary
- On March 1, 2024, Daniel L. Poland, EVP and Chief Supply Chain Officer of Campbell Soup Co., acquired 39,841 shares of common stock.
- The acquisition was part of a compensation package, with the shares acquired at a price of $0.
- Following the transaction, Poland directly owns 77,434 shares of Campbell Soup Co.
- Time-lapse restricted share units will vest on February 1, 2026.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction related to executive compensation, which is neutral in sentiment. The acquisition of shares by an executive is generally viewed as a positive sign, but it's a standard practice.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Executive compensation in the form of stock options and restricted stock units is a common practice in publicly traded companies to align management's interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Daniel L. Poland acquired shares of Campbell Soup Co. |
| 02/01/2026 | Vesting date for time-lapse restricted share units. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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