Campbell’s Co (CPB) director McLoughlin receives 3,716 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CAMPBELL'S Co director Keith R. McLoughlin reported a compensation-related grant of 3,715.780 shares of Phantom Stock on issuer common stock. Each phantom share is economically equivalent to one common share and is fully vested.
Following this award, McLoughlin holds 71,460.060 phantom shares, which will be settled in cash from the Company’s Supplemental Retirement Plan upon retirement, resignation, or termination. The holding amount includes 1,264.73 phantom shares previously acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McLoughlin Keith R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 3,715.78 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock — 71,460.06 shares (Direct, null)
Footnotes (1)
- Each share of Phantom Stock is the economic equivalent of one share of issuer common stock. Phantom shares are fully vested. The value of phantom stock is payable in cash from the Company's Supplemental Retirement Plan upon reporting person's retirement, resignation or termination. Includes 1,264.73 shares acquired through dividend reinvestment since the reporting person's last report.
Key Figures
Phantom Stock grant: 3,715.780 phantom shares
Total Phantom Stock holdings: 71,460.060 phantom shares
Dividend reinvestment phantom shares: 1,264.73 phantom shares
+1 more
4 metrics
Phantom Stock grant
3,715.780 phantom shares
Grant on 2026-06-29, economic equivalent of common stock
Total Phantom Stock holdings
71,460.060 phantom shares
Balance following reported transaction
Dividend reinvestment phantom shares
1,264.73 phantom shares
Acquired through dividend reinvestment since last report
Exercise price
$0.0000 per unit
Phantom Stock grant with no exercise cost
Key Terms
Phantom Stock, Supplemental Retirement Plan, dividend reinvestment, fully vested
4 terms
Phantom Stock financial
"Each share of Phantom Stock is the economic equivalent of one share of issuer common stock."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Supplemental Retirement Plan financial
"The value of phantom stock is payable in cash from the Company's Supplemental Retirement Plan upon reporting person's retirement, resignation or termination."
An extra retirement savings arrangement offered in addition to a company’s primary pension or retirement plan, designed to boost an employee’s income after leaving the workforce; it can be funded by the employer, the employee, or both and sometimes targets higher-paid staff. Investors care because these plans can create future cash obligations or influence payroll costs and employee retention—think of it as a second savings jar a company keeps for workers’ later years.
dividend reinvestment financial
"Includes 1,264.73 shares acquired through dividend reinvestment since the reporting person's last report."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
fully vested financial
"Phantom shares are fully vested."
FAQ
What did Keith R. McLoughlin report in this CPB Form 4 filing?
Keith R. McLoughlin reported receiving a grant of 3,715.780 Phantom Stock shares. These are compensation-related units tied to Campbell’s common stock and increase his total phantom stock holdings to 71,460.060 shares after the transaction.
What is Phantom Stock in the Campbell's Co (CPB) Form 4?
Phantom Stock represents units that are the economic equivalent of one share of Campbell’s common stock. Instead of delivering actual shares, the company pays the value in cash from a supplemental retirement plan at separation.
How many Phantom Stock units does McLoughlin hold after this CPB transaction?
After the grant, Keith R. McLoughlin holds 71,460.060 Phantom Stock units. This figure reflects his total phantom stock balance, including the newly granted 3,715.780 units and prior accumulations from dividend reinvestment.
Are the Phantom Stock units in this CPB filing vested?
Yes, the filing states that the phantom shares are fully vested. Although fully vested, they are not delivered as stock; instead, their cash value is payable upon retirement, resignation, or termination under the Supplemental Retirement Plan.
How are Campbell's Co Phantom Stock units paid out to McLoughlin?
The value of the Phantom Stock is payable in cash from the Company’s Supplemental Retirement Plan. Payment occurs upon the reporting person’s retirement, resignation, or termination, rather than immediately at the time of grant.
What role does dividend reinvestment play in McLoughlin’s CPB Phantom Stock balance?
The filing notes that McLoughlin’s balance includes 1,264.73 shares of Phantom Stock acquired through dividend reinvestment. This means dividends on prior phantom holdings were reinvested into additional phantom units instead of being paid out in cash.