STOCK TITAN

[Form 4] CAMPBELL'S Co Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Anthony Sanzio, Executive Vice President and Chief Communications Officer of Campbell's Co (CPB), reported multiple equity transactions on 09/30/2025 and 10/01/2025. The filing shows a disposition of 2,280 shares at $30.87 and vesting-based acquisitions of 2,219 shares (performance-restricted share units) on 09/30/2025 and 11,474 shares on 10/01/2025, all at $0 cost reflecting issuance on vesting. Following these transactions, the report lists 27,964 shares beneficially owned in total and indicates additional routine purchases under the issuer’s 401(k) plan. The filing was signed by an attorney-in-fact on 10/02/2025. The explanations state the acquired shares arose from PSRU vesting tied to a three-year total shareholder return metric and adjusted EPS CAGR.

Anthony Sanzio, Vicepresidente Esecutivo e Direttore delle Comunicazioni di Campbell's Co (CPB), ha segnalato diverse operazioni azionarie il 30/09/2025 e il 01/10/2025. La dichiarazione mostra una cessione di 2.280 azioni a 30,87 $ e acquisizioni basate sul vesting di 2.219 azioni (unità azionarie azioni a prestazioni vincolate) il 30/09/2025 e 11.474 azioni il 01/10/2025, tutte a costo zero riflettendo l’emissione al vesting. Dopo queste operazioni, il rapporto elenca in totale 27.964 azioni possedute in modo Beneficio e indica ulteriori acquisti di routine nel piano 401(k) dell’emittente. La dichiarazione è stata firmata da un procuratore in fatto il 02/10/2025. Le spiegazioni affermano che le azioni acquisite derivano dal vesting PSRU legato a una metrica di rendimento totale per tre anni e al CAGR rettificato dell’EPS.

Anthony Sanzio, Vicepresidente Ejecutivo y Director de Comunicaciones de Campbell's Co (CPB), informó de múltiples transacciones de acciones el 30/09/2025 y el 01/10/2025. El registro muestra una disposición de 2.280 acciones a $30.87 y adquisiciones basadas en vesting de 2.219 acciones (unidades de acciones restringidas por rendimiento) el 30/09/2025 y 11.474 acciones el 01/10/2025, todas a costo cero reflejando la emisión al vesting. Tras estas transacciones, el informe lista un total de 27.964 acciones poseídas de manera beneficiosa y señala compras rutinarias adicionales bajo el plan 401(k) del emisor. La declaración fue firmada por un apoderado el 02/10/2025. Las explicaciones indican que las acciones adquiridas provinieron del vesting PSRU ligado a una métrica de rendimiento total de tres años y al CAGR ajustado de las ganancias por acción (EPS).

Anthony Sanzio는 Campbell's Co (CPB)의 경영부사장최고 커뮤니케이션 책임자로, 2025-09-302025-10-01에 걸쳐 다수의 주식 거래를 보고했습니다. 공고에 따르면 2,280주30.87달러에 처분하고, 성과 제한 주식단위인 주식 취득(vesting) 기반의 2,219주의 취득이 2025-09-30에, 11,474주2025-10-01에 이루어졌으며, 모두 vesting으로 발행 시점 무상(비용 0)으로 표시되었습니다. 이러한 거래 후 보고서는 총 27,964주의 수혜적 소유를 나열하고 발행사의 401(k) 플랜에서의 추가 일반 매입을 나타냅니다. 공시는 2025-10-02에 대리인에 의해 서명되었습니다. 설명에 따르면 취득한 주식은 3년간의 총주주수익(TSR) 지표 및 조정된 EPS CAGR에 연결된 PSRU vesting에서 나온 것이라고 합니다.

Anthony Sanzio, Vice-président exécutif et directeur de la communication de Campbell's Co (CPB), a signalé plusieurs transactions sur actions les 30/09/2025 et 01/10/2025. Le dossier montre une cession de 2 280 actions à 30,87 $ et des acquisitions basées sur le vesting de 2 219 actions (unités d’actions restreintes liées à la performance) le 30/09/2025 et 11 474 actions le 01/10/2025, toutes à coût nul reflétant l’émission lors du vesting. Après ces transactions, le rapport répertorie au total 27 964 actions détenues bénéficiairement et indique des achats supplémentaires habituels dans le plan 401(k) de l’émetteur. Le dossier a été signé par un mandataire le 02/10/2025. Les explications indiquent que les actions acquises proviennent d’un vesting PSRU lié à une métrique de rendement total sur trois ans et au CAGR ajusté du BPA.

Anthony Sanzio, Executive Vice President und Chief Communications Officer von Campbell's Co (CPB), berichtete über mehrere Aktiengeschäfte am 30.09.2025 und 01.10.2025. Die Einreichung zeigt eine Veräußerung von 2.280 Aktien zu 30,87 $ und vesting-basierte Zukäufe von 2.219 Aktien (Performance-bezogene Restricted Share Units) am 30.09.2025 und 11.474 Aktien am 01.10.2025, alle zu Kosten von 0 $ im Zusammenhang mit der Vesting-Ausgabe. Nach diesen Transaktionen listet der Bericht insgesamt 27.964 Aktien, die vorteilhaft gehalten werden, und weist auf zusätzliche routinemäßige Käufe im 401(k)-Plan des Emittenten hin. Die Einreichung wurde am 02.10.2025 von einem Bevollmächtigten unterzeichnet. Die Erläuterungen besagen, dass die erworbenen Aktien aus dem PSRU-Vesting stammen, das mit einer drei Jahre umfassenden Total Shareholder Return-Metrik und dem adjustierten EPS-CAGR verbunden ist.

Anthony Sanzio، نائب الرئيس التنفيذي ومدير الاتصالات في Campbell's Co (CPB)، أبلغ عن عدة صفقات أسهم في 30/09/2025 و01/10/2025. يُظهر التسجيل بيعاً لـ 2,280 سهمًا بسعر $30.87 واكتساباً مبنياً على vesting قدره 2,219 سهمًا (وحدات أسهم مقيدة للأداء) في 30/09/2025 و11,474 سهمًا في 01/10/2025، جميعها بتكلفة صفرية تعكس الإصدار عند vesting. بعد هذه المعاملات، يسرد التقرير إجمالاً 27,964 سهمًا مملوكاً لمنفعة المالك ويشير إلى عمليات شراء إضافية روتينية ضمن خطة 401(k) للمصدر. تم توقيع التسجيل من قبل وكيل مفوَّض في 02/10/2025. تذكر الشروحات أن الأسهم المكتسبة جاءت من vesting PSRU المرتبط بقياس عائد سهام إجمالي على مدى ثلاث سنوات وبــ CAGR معدل الأرباح المعتبرة المعدلة.

Anthony Sanzio,执行副总裁兼首席沟通官, Campbell's Co (CPB),在 2025-09-302025-10-01 报告了多起股票交易。该申报显示在 2025-09-30$30.87 处置 2,280 股,以及基于 vesting 的 2,219 股(绩效受限股单位,PSRU)的取得,在 2025-10-01 取得 11,474 股,均为零成本,反映 vesting 时发行。完成这些交易后,报告总共列出 27,964 股的受益所有权,并指出发行人 401(k) 计划中的其它例行购买。该申报由授权代理人在 2025-10-02 签署。说明称所取得的股票来自与三年总股东回报指标相关的 PSRU vesting,以及调整后每股收益(EPS)CAGR。

Positive
  • 13,693 shares acquired via vesting of performance-restricted share units (09/30/2025 and 10/01/2025)
  • Total beneficial ownership increased to 27,964 shares, reflecting compensation and 401(k) plan activity
  • Disclosure filed promptly and signed by attorney-in-fact on 10/02/2025
Negative
  • 2,280 shares sold at $30.87 on 09/30/2025, reducing direct holdings
  • No cash proceeds reported for vested PSRUs (acquisitions at $0 may dilute if issued new shares)

Insights

TL;DR: Officer executed routine vesting and a small sale, increasing reported holdings to 27,964 shares.

The filing documents a 2,280-share sale at $30.87 and vesting issuances of 2,219 and 11,474 shares from performance-restricted share units, which are reported as acquisitions at $0 because they reflect compensation vesting.

This is a customary disclosure showing compensation vesting tied to a three-year performance period and routine 401(k) transactions; it demonstrates alignment of executive compensation with long-term metrics without indicating extraordinary corporate action.

TL;DR: The sale is small relative to total holdings and was disclosed promptly under Section 16.

The sale of 2,280 shares reduces direct holdings but is followed by vesting-related issuances totaling 13,693 shares, increasing overall beneficial ownership to 27,964 shares.

The report also notes routine activity under the 401(k) plan, identified as ongoing since the last report. All transactions are dated 09/30/2025 and 10/01/2025 and were reported via Form 4.

Anthony Sanzio, Vicepresidente Esecutivo e Direttore delle Comunicazioni di Campbell's Co (CPB), ha segnalato diverse operazioni azionarie il 30/09/2025 e il 01/10/2025. La dichiarazione mostra una cessione di 2.280 azioni a 30,87 $ e acquisizioni basate sul vesting di 2.219 azioni (unità azionarie azioni a prestazioni vincolate) il 30/09/2025 e 11.474 azioni il 01/10/2025, tutte a costo zero riflettendo l’emissione al vesting. Dopo queste operazioni, il rapporto elenca in totale 27.964 azioni possedute in modo Beneficio e indica ulteriori acquisti di routine nel piano 401(k) dell’emittente. La dichiarazione è stata firmata da un procuratore in fatto il 02/10/2025. Le spiegazioni affermano che le azioni acquisite derivano dal vesting PSRU legato a una metrica di rendimento totale per tre anni e al CAGR rettificato dell’EPS.

Anthony Sanzio, Vicepresidente Ejecutivo y Director de Comunicaciones de Campbell's Co (CPB), informó de múltiples transacciones de acciones el 30/09/2025 y el 01/10/2025. El registro muestra una disposición de 2.280 acciones a $30.87 y adquisiciones basadas en vesting de 2.219 acciones (unidades de acciones restringidas por rendimiento) el 30/09/2025 y 11.474 acciones el 01/10/2025, todas a costo cero reflejando la emisión al vesting. Tras estas transacciones, el informe lista un total de 27.964 acciones poseídas de manera beneficiosa y señala compras rutinarias adicionales bajo el plan 401(k) del emisor. La declaración fue firmada por un apoderado el 02/10/2025. Las explicaciones indican que las acciones adquiridas provinieron del vesting PSRU ligado a una métrica de rendimiento total de tres años y al CAGR ajustado de las ganancias por acción (EPS).

Anthony Sanzio는 Campbell's Co (CPB)의 경영부사장최고 커뮤니케이션 책임자로, 2025-09-302025-10-01에 걸쳐 다수의 주식 거래를 보고했습니다. 공고에 따르면 2,280주30.87달러에 처분하고, 성과 제한 주식단위인 주식 취득(vesting) 기반의 2,219주의 취득이 2025-09-30에, 11,474주2025-10-01에 이루어졌으며, 모두 vesting으로 발행 시점 무상(비용 0)으로 표시되었습니다. 이러한 거래 후 보고서는 총 27,964주의 수혜적 소유를 나열하고 발행사의 401(k) 플랜에서의 추가 일반 매입을 나타냅니다. 공시는 2025-10-02에 대리인에 의해 서명되었습니다. 설명에 따르면 취득한 주식은 3년간의 총주주수익(TSR) 지표 및 조정된 EPS CAGR에 연결된 PSRU vesting에서 나온 것이라고 합니다.

Anthony Sanzio, Vice-président exécutif et directeur de la communication de Campbell's Co (CPB), a signalé plusieurs transactions sur actions les 30/09/2025 et 01/10/2025. Le dossier montre une cession de 2 280 actions à 30,87 $ et des acquisitions basées sur le vesting de 2 219 actions (unités d’actions restreintes liées à la performance) le 30/09/2025 et 11 474 actions le 01/10/2025, toutes à coût nul reflétant l’émission lors du vesting. Après ces transactions, le rapport répertorie au total 27 964 actions détenues bénéficiairement et indique des achats supplémentaires habituels dans le plan 401(k) de l’émetteur. Le dossier a été signé par un mandataire le 02/10/2025. Les explications indiquent que les actions acquises proviennent d’un vesting PSRU lié à une métrique de rendement total sur trois ans et au CAGR ajusté du BPA.

Anthony Sanzio, Executive Vice President und Chief Communications Officer von Campbell's Co (CPB), berichtete über mehrere Aktiengeschäfte am 30.09.2025 und 01.10.2025. Die Einreichung zeigt eine Veräußerung von 2.280 Aktien zu 30,87 $ und vesting-basierte Zukäufe von 2.219 Aktien (Performance-bezogene Restricted Share Units) am 30.09.2025 und 11.474 Aktien am 01.10.2025, alle zu Kosten von 0 $ im Zusammenhang mit der Vesting-Ausgabe. Nach diesen Transaktionen listet der Bericht insgesamt 27.964 Aktien, die vorteilhaft gehalten werden, und weist auf zusätzliche routinemäßige Käufe im 401(k)-Plan des Emittenten hin. Die Einreichung wurde am 02.10.2025 von einem Bevollmächtigten unterzeichnet. Die Erläuterungen besagen, dass die erworbenen Aktien aus dem PSRU-Vesting stammen, das mit einer drei Jahre umfassenden Total Shareholder Return-Metrik und dem adjustierten EPS-CAGR verbunden ist.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Sanzio Anthony

(Last) (First) (Middle)
1 CAMPBELL PLACE

(Street)
CAMDEN NJ 08103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CAMPBELL'S Co [ CPB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Comms Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/30/2025 F 2,280 D $30.87 14,271 D
Common Stock 09/30/2025 A 2,219(1) A $0 16,490 D
Common Stock 10/01/2025 A 11,474 A $0 27,964 D
Common Stock 119.65(2) I By 401K Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents (i) shares earned upon vesting of performance-restricted share units based on total shareholder return over a three-year performance period; and (ii) shares earned upon vesting of performance-restricted share units based on adjusted EPS compound annual growth rate over a three-year performance period.
2. Represents routine transactions under the issuer's 401(k) Plan since the date of the reporting person's last report.
Remarks:
Marci K. Donnelly, Attorney-in-Fact 10/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did CPB officer Anthony Sanzio report on 09/30/2025?

He reported a sale of 2,280 shares at $30.87 and a vesting-related acquisition of 2,219 shares from performance-restricted share units on 09/30/2025.

How many shares did Anthony Sanzio acquire from vesting and when?

He acquired 2,219 shares on 09/30/2025 and 11,474 shares on 10/01/2025 upon vesting of performance-restricted share units.

What is Anthony Sanzio's total beneficial ownership after these transactions?

The Form 4 reports a total of 27,964 shares beneficially owned following the reported transactions.

Were any transactions tied to the company's 401(k) plan?

Yes. The filing notes routine transactions under the issuer’s 401(k) plan since the last report, reflected as indirect ownership activity.

Why were some acquisitions reported at $0?

The acquisitions at $0 represent shares issued upon vesting of performance-restricted share units as compensation, not market purchases.
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