Campbell Co (NYSE: CPB) trust records 26.7M-share stock transaction
Rhea-AI Filing Summary
Amendment & Restatement of the Mary Alice Dorrance Malone Revocable Trust, identified as a former 10% owner of Campbell's Co, reported a large change in its direct holdings of the company’s common stock. On January 6, 2026, the trust recorded a transaction in 26,741,880 shares of Campbell common stock at $27.01 per share, after which it directly held 13,218,457 shares.
The filing also lists indirect holdings of Campbell common stock through Contango Limited LP and Quizhou, LP. According to the footnote, the reporting person only has an indirect pecuniary interest in portions of the shares held by these entities, has no voting or dispositive power over them, and disclaims beneficial ownership beyond its pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Large trust-related share movement reported, with neutral governance implications.
This filing shows a trust associated with the Dorrance family structure, described as a former 10% owner, reporting a substantial transaction involving 26,741,880 Campbell common shares at $27.01 on January 6, 2026. After the transaction, the trust’s direct holdings stood at 13,218,457 shares, indicating a significant change in directly held stock but without stating the percentage of the company this represents.
The filing also details indirect positions via Contango Limited LP and Quizhou, LP. The footnote explains that the reporting person has only an indirect pecuniary interest in portions of those positions, with no voting or dispositive power, and explicitly disclaims beneficial ownership beyond its economic interest. The overall picture is of a large but structured ownership adjustment, with governance influence primarily tied to the remaining direct stake and not to the LP-held shares as described.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 26,741,880 | $27.01 | $722.30M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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