[Form 4] CAMPBELL'S Co Insider Trading Activity

Rhea-AI Filing Summary

Risa Cretella, listed as EVP, President, M&B of Campbell's Co (CPB), reported two Form 4 transactions. On 09/30/2025 she disposed of 904 shares of common stock at $30.87, leaving 87,508 shares beneficially owned. On 10/01/2025 she acquired 24,155 shares at $0, bringing total beneficial ownership to 111,663 shares. The filing is signed by an attorney-in-fact on 10/02/2025.

Positive

• Acquisition of 24,155 shares at $0 on 10/01/2025 increased insider ownership to 111,663 shares
• Form 4 is filed and signed, providing transparent disclosure of insider activity

Negative

• Disposition of 904 shares at $30.87 on 09/30/2025 reduced holdings to 87,508 before the subsequent acquisition

Insights

Corporate Insider Reporting Specialist

TL;DR: Insider sold a small block and received a larger award-like grant, boosting ownership to 111,663 shares.

The filing shows a 9/30/2025 disposition of 904 shares at $30.87, followed by an acquisition of 24,155 shares on 10/01/2025 at $0. The zero-price acquisition is consistent with vested awards or non-cash issuance to an officer.

The net effect increases the reporting person’s beneficial ownership from 87,508 to 111,663 shares, a concrete change documented in the Form 4.

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

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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^*

Cretella Risa

(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, President, M&B

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		904	D	$30.87	87,508	D
Common Stock	10/01/2025		A		24,155	A	$0	111,663	D

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:

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 transactions did CPB insider Risa Cretella report?

She reported a 09/30/2025 sale of 904 shares at $30.87 and a 10/01/2025 acquisition of 24,155 shares at $0.

How many Campbell's (CPB) shares does Risa Cretella beneficially own after these transactions?

The Form 4 reports total beneficial ownership of 111,663 shares following the reported transactions.

Does the filing indicate the nature of the $0 acquisition?

The Form 4 lists the acquisition at $0; the filing text does not explicitly state the reason, but the report records the transaction as an acquisition on 10/01/2025.

Who signed the Form 4 for Risa Cretella and when?

The Form 4 was signed by Marci K. Donnelly, Attorney-in-Fact on 10/02/2025.

What title does the reporting person hold at Campbell's Co?

The reporting person is identified as EVP, President, M&B and an officer of Campbell's Co.