[Form 4] CAMPBELL'S Co Insider Trading Activity
Howard M. Averill, a director of Campbell's Co (CPB), reported receipt of 1,412.6 phantom stock units on 09/25/2025. The filing states each phantom share equals one common share and the units are fully vested. The phantom units are payable in cash from the company’s Supplemental Retirement Plan upon the reporting person’s retirement, resignation, or termination. Following the reported acquisition, the reporting person beneficially owns 32,098.49 shares, which includes 366.20 shares acquired through dividend reinvestment since the last report.
Howard M. Averill, membro del consiglio di Campbell's Co (CPB), ha comunicato di aver ricevuto 1.412,6 unità di stock fantasma il 25/09/2025. Secondo la nota di deposito, ogni azione fantasma corrisponde a una azione ordinaria e le unità sono completamente vestite. Le unità fantasma sono pagabili in contanti dall’Health Pension Plan aziendale al momento della pensione, delle dimissioni o del licenziamento della persona che segnala. A seguito dell’acquisizione segnalata, la persona che segnala detiene in modo beneficiante 32.098,49 azioni, inclusi 366,20 azioni acquisite tramite reinvestimento dei dividendi dall’ultimo rapporto.
Howard M. Averill, director de Campbell's Co (CPB), informó haber recibido 1.412,6 unidades de acciones fantasma el 25/09/2025. La constancia indica que cada acción fantasma equivale a una acción ordinaria y las unidades están completamente adjudicadas. Las unidades fantasma se pagan en efectivo desde el Plan de Jubilación Suplementaria de la empresa al momento de la jubilación, renuncia o terminación de la persona informante. Tras la adquisición reportada, la persona informante posee de forma beneficiosa 32.098,49 acciones, incluyendo 366,20 acciones adquiridas mediante reinversión de dividendos desde el último informe.
Howard M. Averill은 Campbell's Co(CPB)의 이사로서 2025년 9월 25일에 1,412.6개의 팬텀 주식 단위를 수령했다고 보고했다. 공시문에 따르면 각 팬텀 주식은 보통주 한 주에 해당하며 단위는 완전히 취득(Vested)되었다. 팬텀 주식 단위는 보고자의 은퇴, 사임 또는 해고 시 회사의 보충 은퇴 계획에서 현금으로 지급된다. 보고된 취득 이후, 보고자는 32,098.49주를 실제로 보유하며, 이는 지난해 보고서 이후 배당 재투자를 통해 얻은 366.20주를 포함한다.
Howard M. Averill, administrateur de Campbell's Co (CPB), a déclaré avoir reçu 1 412,6 unités d’actions fantômes le 25/09/2025. Selon le dépôt, chaque action fantôme équivaut à une action ordinaire et les unités sont entièrement acquises. Les unités fantômes sont payables en espèces dans le cadre du Plan de Retraite Supplémentaire de l’entreprise au moment de la retraite, de la démission ou du licenciement de la personne déclarante. Suite à l’acquisition signalée, la personne déclarante détient de manière bénéficiaire 32 098,49 actions, ce qui inclut 366,20 actions acquises par réinvestissement des dividendes depuis le dernier rapport.
Howard M. Averill, Direktor von Campbell's Co (CPB), meldete den Erhalt von 1.412,6 Phantomaktien-Einheiten am 25.09.2025. Laut der Einreichung entspricht jede Phantomaktie einer Stammaktie und die Einheiten sind vollständig vestet. Die Phantomaktieneinheiten werden aus dem Zusatz-Rentenplan des Unternehmens bar ausgezahlt, wenn die meldende Person in den Ruhestand geht, kündigt oder entlassen wird. Nach dem berichteten Erwerb besitzt die meldepflichtige Person vorteilhaft 32.098,49 Aktien, wozu 366,20 Aktien gehören, die seit dem letzten Bericht durch Dividenden-Reinvestition erworben wurden.
هوارد م. أفريل، مدير شركة كامبلز (CPB)، أبلغ عن استلامه 1,412.6 وحدة أسهم فانتوم في 25/09/2025. كما يورد الملف أن كل سهم فانتوم يعادل سهماً عادياً وأن الوحدات مَلكة بالكامل (مكتملة الاستحقاق). الوحدات الفانتوم قابلة للدفع نقداً من خلال خطة التقاعد التكميلي للشركة عند تقاعد الشخص المبلغ، أو استقالته، أو فصله. عقب الاستحواذ المبلغ عنه، يمتلك الشخص المبلغ بشكل مستفيد 32,098.49 سهماً، بما في ذلك 366.20 سهماً اشتُريت من خلال إعادة استثمار الأرباح منذ آخر تقرير.
霍华德·M·艾弗里尔， Campbell's Co（CPB）的董事，报告在 2025-09-25 收到 1,412.6 单位幻影股票。 文件称每单位幻影股票等同于一股普通股，并且这些单位已全面归属。幻影单位可在公司补充退休计划中于报告人退休、辞职或被解雇时以现金支付。在所述收购之后，报告人实际持有 32,098.49 股，其中包括自上次报告以来通过股息再投资获得的 366.20 股。
- 1,412.6 phantom stock units acquired on 09/25/2025, and they are stated as fully vested
- Phantom shares equal one common share each, clarifying the economic linkage to common stock
- Post-transaction beneficial ownership of 32,098.49 shares, including 366.20 shares from dividend reinvestment
- None.
Insights
TL;DR: Director received 1,412.6 fully vested phantom shares, raising beneficial ownership to 32,098.49 shares.
The Form 4 discloses a non-cash award of phantom stock on 09/25/2025 that is the economic equivalent of common shares and is fully vested. The award is payable in cash under the Supplemental Retirement Plan upon termination events specified in the filing. The report also notes 366.20 shares added via dividend reinvestment since the prior filing, and shows a post-transaction beneficial ownership of 32,098.49 shares. This filing documents an equity-linked compensation event rather than a market purchase or sale.
TL;DR: Disclosure shows routine executive compensation via phantom stock with clear payout terms tied to retirement or termination.
The filing specifies the nature and payment mechanics of the phantom stock award: each unit mirrors one common share, units are fully vested, and payout is in cash from the Supplemental Retirement Plan upon retirement, resignation, or termination. The document is signed by an attorney-in-fact and filed individually by the reporting director. The disclosure appears complete for this award, identifying the class, amount, vesting status, and payout mechanism.
Howard M. Averill, membro del consiglio di Campbell's Co (CPB), ha comunicato di aver ricevuto 1.412,6 unità di stock fantasma il 25/09/2025. Secondo la nota di deposito, ogni azione fantasma corrisponde a una azione ordinaria e le unità sono completamente vestite. Le unità fantasma sono pagabili in contanti dall’Health Pension Plan aziendale al momento della pensione, delle dimissioni o del licenziamento della persona che segnala. A seguito dell’acquisizione segnalata, la persona che segnala detiene in modo beneficiante 32.098,49 azioni, inclusi 366,20 azioni acquisite tramite reinvestimento dei dividendi dall’ultimo rapporto.
Howard M. Averill, director de Campbell's Co (CPB), informó haber recibido 1.412,6 unidades de acciones fantasma el 25/09/2025. La constancia indica que cada acción fantasma equivale a una acción ordinaria y las unidades están completamente adjudicadas. Las unidades fantasma se pagan en efectivo desde el Plan de Jubilación Suplementaria de la empresa al momento de la jubilación, renuncia o terminación de la persona informante. Tras la adquisición reportada, la persona informante posee de forma beneficiosa 32.098,49 acciones, incluyendo 366,20 acciones adquiridas mediante reinversión de dividendos desde el último informe.
Howard M. Averill은 Campbell's Co(CPB)의 이사로서 2025년 9월 25일에 1,412.6개의 팬텀 주식 단위를 수령했다고 보고했다. 공시문에 따르면 각 팬텀 주식은 보통주 한 주에 해당하며 단위는 완전히 취득(Vested)되었다. 팬텀 주식 단위는 보고자의 은퇴, 사임 또는 해고 시 회사의 보충 은퇴 계획에서 현금으로 지급된다. 보고된 취득 이후, 보고자는 32,098.49주를 실제로 보유하며, 이는 지난해 보고서 이후 배당 재투자를 통해 얻은 366.20주를 포함한다.
Howard M. Averill, administrateur de Campbell's Co (CPB), a déclaré avoir reçu 1 412,6 unités d’actions fantômes le 25/09/2025. Selon le dépôt, chaque action fantôme équivaut à une action ordinaire et les unités sont entièrement acquises. Les unités fantômes sont payables en espèces dans le cadre du Plan de Retraite Supplémentaire de l’entreprise au moment de la retraite, de la démission ou du licenciement de la personne déclarante. Suite à l’acquisition signalée, la personne déclarante détient de manière bénéficiaire 32 098,49 actions, ce qui inclut 366,20 actions acquises par réinvestissement des dividendes depuis le dernier rapport.
Howard M. Averill, Direktor von Campbell's Co (CPB), meldete den Erhalt von 1.412,6 Phantomaktien-Einheiten am 25.09.2025. Laut der Einreichung entspricht jede Phantomaktie einer Stammaktie und die Einheiten sind vollständig vestet. Die Phantomaktieneinheiten werden aus dem Zusatz-Rentenplan des Unternehmens bar ausgezahlt, wenn die meldende Person in den Ruhestand geht, kündigt oder entlassen wird. Nach dem berichteten Erwerb besitzt die meldepflichtige Person vorteilhaft 32.098,49 Aktien, wozu 366,20 Aktien gehören, die seit dem letzten Bericht durch Dividenden-Reinvestition erworben wurden.
FAQ
What did Howard M. Averill report on Form 4 for CPB?
How many shares does the reporting person beneficially own after the transaction?
Are the phantom shares immediately vested and how are they payable?
What is the economic relationship between the phantom stock and common shares?
When was the Form 4 signed and by whom?
