The Campbell's Company SEC Filings

Campbell Soup Company (CPB) disclosed an insider transaction: its EVP, Chief Financial Officer acquired a total of 73,467 shares of common stock on November 1, 2025 through two transactions coded “A” at a price of $0 per share.

The acquisitions were for 52,185 shares and 21,282 shares. Following these transactions, the reporting person beneficially owned 73,467 shares, held directly.

Campbell Soup Company (CPB) reported an insider transaction by its EVP, Chief People & Culture Officer. On 11/01/2025, the officer executed a transaction coded F, disposing of 17,088 shares of common stock at $30.29 per share.

After the transaction, the officer beneficially owned 82,006 shares directly. An additional 10 shares were held indirectly through the Diane Johnson May Revocable Trust.

Campbell Soup Company (CPB) filed a Form 3 initial statement of beneficial ownership for its EVP, Chief Financial Officer. As of 10/20/2025, the reporting person disclosed 0 shares of common stock beneficially owned, held directly.

No derivative securities were reported. The filing was submitted as a single reporting person entry, executed by an attorney-in-fact under a power of attorney.

As You Sow filed a Notice of Exempt Solicitation urging shareholders of Campbell Soup Company (CPB) to vote Yes on Item #5 at the annual meeting on November 18, 2025. The proposal asks Campbell’s to publish a report explaining if and how it will measure and disclose the effectiveness of its regenerative agriculture program, including pesticide reduction outcomes.

The filer argues that pesticide use can harm soil microorganisms, biodiversity, and farm resiliency, and that tracking reductions is central to credible regenerative outcomes. It notes Campbell’s collects some farm-level data but does not publicly disclose pesticide reduction results, which it says limits investors’ ability to assess risk and progress and could create reputational and competitive concerns. The filing cites peers that report pesticide metrics and contends transparent outcomes reporting would help investors evaluate supply-chain resiliency and sustainability performance.

Campbell Soup Company (CPB) filed an amended Form 4 reporting a correction to an insider transaction. A company officer (SVP, Controller and CAO) reported the acquisition of 12,848 shares of common stock on 10/01/2025 at a stated price of $0.

Following the correction, the officer’s direct beneficial ownership is listed as 12,848 shares. The amendment notes the original Form 4 filed on October 2, 2025 under-reported the shares due to an administrative error.

Campbell's Company has filed its 2025 proxy statement detailing key governance matters and executive compensation ahead of its November 18, 2025 virtual annual meeting. The company will ask shareholders to vote on several items including: election of 12 director nominees, ratification of PricewaterhouseCoopers as auditor, advisory vote on executive compensation ("Say on Pay"), and two shareholder proposals regarding simple majority voting and a regenerative agriculture report.

Key governance changes include the CEO transition from Mark Clouse to Mick Beekhuizen who became President and CEO effective February 1, 2025. The board maintains independent leadership with a separate Board Chair. The company made several compensation changes including increasing equity portions of director retainers by $10,000 and adjusting executive incentive targets. For fiscal 2025, the Annual Incentive Plan paid out at 74% of target based on financial metrics and other factors.

Regarding executive pay, CEO Beekhuizen's annualized compensation was approximately $9.9 million, resulting in a CEO-to-median employee pay ratio of 128:1. The company's long-term incentive program consists of performance-based and time-based restricted stock units. Performance metrics include total shareholder return (TSR) versus peers and adjusted EPS growth targets.

Campbell's Company announced the appointment of Todd E. Cunfer as Executive Vice President and Chief Financial Officer, effective October 20, 2025. Mr. Cunfer joins from Freshpet, where he was CFO since December 2022, and previously held senior finance roles at The Hershey Company and The Simply Good Foods Company. His 2026 compensation includes a $725,000 base salary, a target annual bonus equal to 90% of base salary (pro rata), a target long-term incentive equal to 225% of base salary, a one-time $1,600,000 time‑lapse RSU grant and a cash payment of $1,200,000 for forfeited awards and bonus. He will receive standard benefits and $8,000 per quarter under the Personal Choice Program. The Company also announced that incumbent CFO Carrie L. Anderson will leave the role effective October 20, 2025 and is eligible for severance under existing plans.

Carrie L. Anderson, Executive Vice President & Chief Financial Officer of Campbell's Co (CPB), reported two transactions. On 09/30/2025 she sold 3,759 shares of Common Stock at $30.87, reducing her holdings to 65,107 shares. On 10/01/2025 she acquired 24,375 shares at $0 (reported as an acquisition), bringing total beneficial ownership to 89,482 shares. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

Charles A. Brawley III, EVP, General Counsel and Corporate Secretary of Campbell's Co (CPB), reported changes in his beneficial ownership on a Form 4. On 09/30/2025 he sold 2,186 shares at $30.87, reducing his direct holdings to 35,404 shares. Also on 09/30/2025 he received 2,161 shares and on 10/01/2025 received 21,135 shares at no purchase price following the vesting of performance-restricted share units, bringing total beneficial ownership to 58,700 shares. The vested PRSUs were earned based on total shareholder return and adjusted EPS compound annual growth rate measured over three years.