Form 4: Mary Alice Malone Reports Acquisition of Campbell Soup Co. Shares

Mary Alice Malone, a director and 10% owner of Campbell Soup Co., reported acquiring 860 shares of common stock on June 26, 2024.

Summary

• On June 26, 2024, Mary Alice Malone, a director and 10% owner of Campbell Soup Co. (CPB), acquired 860 shares of common stock at a price of $0.
• Following the transaction, Ms. Malone directly owns 39,956,414 shares and indirectly owns 103,974 shares through a trust for her daughter, 13,230,543 shares through Contango Limited LP, and 1,333 shares through Hera Management LLC.
• Ms. Malone disclaims beneficial ownership of shares held by the trust for her daughter, Contango Limited LP, and Hera Management LLC, except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The sentiment is neither positive nor negative as it simply reports a transaction.

Positives

• The acquisition of shares by a director and significant owner could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates changes in Ms. Malone's beneficial ownership of Campbell Soup Co. shares.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects insider activity, which can influence investor sentiment.

Key Dates