STOCK TITAN

[Form 4] CAMPBELL'S Co Insider Trading Activity

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

Daniel L. Poland, identified as EVP / Chief ETO of Campbell's Co (CPB), reported section 16 transactions showing both a sale and subsequent vesting-based acquisitions. On 09/30/2025 he sold 5,876 shares at $30.87, reducing reported holdings to 76,850 shares. Also on 09/30/2025 7,057 shares were reported as acquired at no cash cost from vesting performance-restricted share units, bringing beneficial ownership to 83,907 shares. On 10/01/2025 an additional 27,778 shares were reported acquired at no cash cost, raising total reported beneficial ownership to 111,685 shares. The filing explains these acquisitions reflect vesting of performance-restricted share units tied to total shareholder return and adjusted EPS compound annual growth rate over three-year performance periods. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

Daniel L. Poland, identifiato come EVP / Chief ETO di Campbell's Co (CPB), ha riportato operazioni di sezione 16 che mostrano sia una vendita sia acquisizioni basate sul vesting. Il 30/09/2025 ha venduto 5.876 azioni a $30.87, riducendo le partecipazioni riportate a 76.850 azioni. Sempre il 30/09/2025 sono state riportate 7.057 azioni acquisite a costo nullo tramite vesting di unità azionarie basate sulle prestazioni, portando la proprietà effettiva a 83.907 azioni. Il 01/10/2025 è stata riportata un'ulteriore 27.778 azioni acquisite a costo nullo, aumentando la proprietà effettiva totale a 111.685 azioni. La dichiarazione spiega che queste acquisizioni riflettono il vesting di unità azionarie legate alla performance legate al total shareholder return e al EPS CAGR rettificato su tre anni di performance. Il Form 4 è stato firmato da un procuratore in sostituzione il 02/10/2025.

Daniel L. Poland, identificado como EVP / Chief ETO de Campbell's Co (CPB), reportó transacciones de la sección 16 que mostraron tanto una venta como adquisiciones basadas en vesting. El 30/09/2025 vendió 5,876 acciones a $30.87, reduciendo las participaciones reportadas a 76,850 acciones. También el 30/09/2025 se reportaron 7,057 acciones adquiridas sin costo de efectivo por vesting de unidades de acciones con rendimiento, llevando la propiedad beneficiosa a 83,907 acciones. El 01/10/2025 se reportaron otras 27,778 acciones adquiridas sin costo de efectivo, aumentando la propiedad beneficiosa total a 111,685 acciones. La presentación explica que estas adquisiciones reflejan el vesting de unidades de acciones con restricciones de rendimiento vinculadas al total shareholder return y al EPS compuesto anual ajustado durante tres años de desempeño. El Formulario 4 fue firmado por un apoderado el 02/10/2025.

다니엘 L. 폴랜드는 Campbell's Co(CPB)의 EVP / Chief ETO로 식별되며, 섹션 16 거래에서 매도와 이후 vesting 기반 취득을 모두 보고했습니다. 2025/09/30에 그는 5,876주를 $30.87에 매도하여 보고된 보유 주식을 76,850주로 줄였습니다. 또한 2025/09/307,057주가 현금 없이 취득된 vesting 성과제 제한 주식 단위로 보고되어 유익한 소유권이 83,907주로 증가했습니다. 2025/10/01에는 추가로 27,778주가 현금 없이 취득되어 총 유익한 소유권이 111,685주로 상승했습니다. 제출서는 이러한 취득이 총주주수익조정된 EPS CAGR에 연계된 3년 성과 기간 동안 vesting과 연결되어 있음을 설명합니다. Form 4는 2025/10/02에 대리인에 의해 서명되었습니다.

Daniel L. Poland, identifié comme EVP / Chief ETO de Campbell's Co (CPB), a signalé des transactions de la section 16 montrant à la fois une vente et des acquisitions basées sur le vesting. Le 30/09/2025, il a vendu 5 876 actions à 30,87 USD, réduisant les avoirs déclarés à 76 850 actions. Également le 30/09/2025, 7 057 actions ont été acquises sans coût en espèces par vesting d’unités d’actions à performances, portant la propriété bénéficiaire à 83 907 actions. Le 01/10/2025 a enregistré une acquisition supplémentaire de 27 778 actions sans coût, faisant monter la propriété bénéficiaire totale à 111 685 actions. Le dépôt précise que ces acquisitions reflètent le vesting des unités d’actions à performances liées au rendement total et au taux de croissance annuel composé des bénéfices par action (EPS CAGR) sur des périodes de performance de trois ans. Le Formulaire 4 a été signé par un mandataire le 02/10/2025.

Daniel L. Poland, identifiziert als EVP / Chief ETO von Campbell's Co (CPB), meldete Transaktionen gemäß Abschnitt 16, die sowohl einen Verkauf als auch anschließende vesting-basierte Erwerbungen zeigten. Am 30.09.2025 verkaufte er 5.876 Aktien zu 30,87 USD, wodurch der berichtete Bestand auf 76.850 Aktien sinkt. Ebenfalls am 30.09.2025 wurden 7.057 Aktien als zu keinem Zahlungsmittel erworben gemeldet, aus vesting von leistungsabhängigen Restricted-Share-Einheiten, was das begünstigte Eigentum auf 83.907 Aktien erhöhte. Am 01.10.2025 wurde zusätzlich 27.778 Aktien zu keinem Zahlungsmittel erworben, wodurch das insgesamt berichtete begünstigte Eigentum auf 111.685 Aktien anstieg. Die Einreichung erklärt, dass diese Erwerbungen das Vesting von leistungsgebundenen Aktieneinheiten widerspiegeln, die an der Total Shareholder Return und der bereinigten EPS-Wachstumsrate über drei Jahre Leistung gebunden sind. Das Formular 4 wurde am 02.10.2025 von einem Bevollmächtigten unterschrieben.

Daniel L. Poland، المعروف بـ EVP / Chief ETO في Campbell's Co (CPB)، أبلغ عن معاملات القسم 16 التي أظهرت كل من بيع وعمليات اكتساب لاحقة قائمة على vesting. في 30/09/2025 باع 5,876 سهماً بسعر $30.87، مما خفض الحيازات المبلغ عنها إلى 76,850 سهمًا. كما في 30/09/2025 تم الإبلاغ عن اكتساب 7,057 سهمًا بدون مقابل نقدي من vesting لوحدات الأسهم المحدودة بالأداء، مما رفع الملكية المفيدة إلى 83,907 سهمًا. في 01/10/2025 أُبلغ عن اكتساب إضافي لـ 27,778 سهمًا بدون مقابل نقدي، رافعًا إجمالي الملكية المفيدة إلى 111,685 سهمًا. تشرح الوثيقة أن هذه الاكتسابات تعكس vesting لوحدات الأسهم المحدودة بالأداء المرتبطة بالأداء الإجمالي للمساهمين و معدل النمو السنوي المركب للأرباح المعدلة للسهم على مدى فترات أداء، تبلغ ثلاث سنوات. تم توقيع النموذج Form 4 من قبل وكيل قانوني في 02/10/2025.

Daniel L. Poland,被认定为 Campbell's Co(CPB)的 EVP / Chief ETO,报告了第16条款交易,显示既有出售又有基于归属 vesting 的获得。于 2025/09/30,他以 $30.87 出售了 5,876 股,使披露的持有量降至 76,850 股。同日还披露以零现金成本因 vesting 的绩效限制股单位获得了 7,057 股,使实际受益所有权增至 83,907 股。又于 2025/10/01 报告另有 27,778 股在零现金成本下获得,合计披露的实际受益所有权增至 111,685 股。文件解释这些获取反映了与总股东回报(total shareholder return)及经调整后的每股收益(EPS CAGR)相联系的绩效归属,覆盖三年的绩效期。 Form 4 于 2025/10/02 由一名代理人签署。

Positive
  • Beneficial ownership increased to 111,685 shares after vesting of performance RSUs
  • 34,835 shares acquired via vesting of performance-restricted share units tied to 3-year TSR and adjusted EPS CAGR
Negative
  • 5,876 shares sold on 09/30/2025 at $30.87 (insider sale)

Insights

Insider sold a modest position then recorded material RSU vesting, increasing reported ownership to 111,685 shares.

The filing documents a 5,876-share sale at $30.87 on 09/30/2025, followed by vesting-related acquisitions of 7,057 and 27,778 shares on 09/30/2025 and 10/01/2025. The purchases at $0 reflect performance-restricted share units converting to stock based on 3-year TSR and adjusted EPS CAGR goals.

For shareholders, the net effect is a reported rise in beneficial ownership to 111,685 shares. The transactions are routine compensation-related vesting rather than open-market buying, and the single small sale appears contemporaneous with vesting events.

Vested performance RSUs increased holdings by 34,835 shares across two reported acquisitions.

The filing explicitly attributes the 7,057 and 27,778 share increases to vesting of performance-restricted share units tied to TSR and adjusted EPS CAGR over three years. These are non-cash acquisitions reported as $0 price events.

This pattern is consistent with scheduled incentive vesting rather than discretionary purchases; the filing contains no information about future grants, acceleration, or changes to award terms.

Daniel L. Poland, identifiato come EVP / Chief ETO di Campbell's Co (CPB), ha riportato operazioni di sezione 16 che mostrano sia una vendita sia acquisizioni basate sul vesting. Il 30/09/2025 ha venduto 5.876 azioni a $30.87, riducendo le partecipazioni riportate a 76.850 azioni. Sempre il 30/09/2025 sono state riportate 7.057 azioni acquisite a costo nullo tramite vesting di unità azionarie basate sulle prestazioni, portando la proprietà effettiva a 83.907 azioni. Il 01/10/2025 è stata riportata un'ulteriore 27.778 azioni acquisite a costo nullo, aumentando la proprietà effettiva totale a 111.685 azioni. La dichiarazione spiega che queste acquisizioni riflettono il vesting di unità azionarie legate alla performance legate al total shareholder return e al EPS CAGR rettificato su tre anni di performance. Il Form 4 è stato firmato da un procuratore in sostituzione il 02/10/2025.

Daniel L. Poland, identificado como EVP / Chief ETO de Campbell's Co (CPB), reportó transacciones de la sección 16 que mostraron tanto una venta como adquisiciones basadas en vesting. El 30/09/2025 vendió 5,876 acciones a $30.87, reduciendo las participaciones reportadas a 76,850 acciones. También el 30/09/2025 se reportaron 7,057 acciones adquiridas sin costo de efectivo por vesting de unidades de acciones con rendimiento, llevando la propiedad beneficiosa a 83,907 acciones. El 01/10/2025 se reportaron otras 27,778 acciones adquiridas sin costo de efectivo, aumentando la propiedad beneficiosa total a 111,685 acciones. La presentación explica que estas adquisiciones reflejan el vesting de unidades de acciones con restricciones de rendimiento vinculadas al total shareholder return y al EPS compuesto anual ajustado durante tres años de desempeño. El Formulario 4 fue firmado por un apoderado el 02/10/2025.

다니엘 L. 폴랜드는 Campbell's Co(CPB)의 EVP / Chief ETO로 식별되며, 섹션 16 거래에서 매도와 이후 vesting 기반 취득을 모두 보고했습니다. 2025/09/30에 그는 5,876주를 $30.87에 매도하여 보고된 보유 주식을 76,850주로 줄였습니다. 또한 2025/09/307,057주가 현금 없이 취득된 vesting 성과제 제한 주식 단위로 보고되어 유익한 소유권이 83,907주로 증가했습니다. 2025/10/01에는 추가로 27,778주가 현금 없이 취득되어 총 유익한 소유권이 111,685주로 상승했습니다. 제출서는 이러한 취득이 총주주수익조정된 EPS CAGR에 연계된 3년 성과 기간 동안 vesting과 연결되어 있음을 설명합니다. Form 4는 2025/10/02에 대리인에 의해 서명되었습니다.

Daniel L. Poland, identifié comme EVP / Chief ETO de Campbell's Co (CPB), a signalé des transactions de la section 16 montrant à la fois une vente et des acquisitions basées sur le vesting. Le 30/09/2025, il a vendu 5 876 actions à 30,87 USD, réduisant les avoirs déclarés à 76 850 actions. Également le 30/09/2025, 7 057 actions ont été acquises sans coût en espèces par vesting d’unités d’actions à performances, portant la propriété bénéficiaire à 83 907 actions. Le 01/10/2025 a enregistré une acquisition supplémentaire de 27 778 actions sans coût, faisant monter la propriété bénéficiaire totale à 111 685 actions. Le dépôt précise que ces acquisitions reflètent le vesting des unités d’actions à performances liées au rendement total et au taux de croissance annuel composé des bénéfices par action (EPS CAGR) sur des périodes de performance de trois ans. Le Formulaire 4 a été signé par un mandataire le 02/10/2025.

Daniel L. Poland, identifiziert als EVP / Chief ETO von Campbell's Co (CPB), meldete Transaktionen gemäß Abschnitt 16, die sowohl einen Verkauf als auch anschließende vesting-basierte Erwerbungen zeigten. Am 30.09.2025 verkaufte er 5.876 Aktien zu 30,87 USD, wodurch der berichtete Bestand auf 76.850 Aktien sinkt. Ebenfalls am 30.09.2025 wurden 7.057 Aktien als zu keinem Zahlungsmittel erworben gemeldet, aus vesting von leistungsabhängigen Restricted-Share-Einheiten, was das begünstigte Eigentum auf 83.907 Aktien erhöhte. Am 01.10.2025 wurde zusätzlich 27.778 Aktien zu keinem Zahlungsmittel erworben, wodurch das insgesamt berichtete begünstigte Eigentum auf 111.685 Aktien anstieg. Die Einreichung erklärt, dass diese Erwerbungen das Vesting von leistungsgebundenen Aktieneinheiten widerspiegeln, die an der Total Shareholder Return und der bereinigten EPS-Wachstumsrate über drei Jahre Leistung gebunden sind. Das Formular 4 wurde am 02.10.2025 von einem Bevollmächtigten unterschrieben.

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*
Poland Daniel L

(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 ETO
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 5,876 D $30.87 76,850 D
Common Stock 09/30/2025 A 7,057(1) A $0 83,907 D
Common Stock 10/01/2025 A 27,778 A $0 111,685 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:
1. Represents shares earned upon vesting of performance restricted share units based on total shareholder return over a three-year performance period and shares earned upon vesting of performance-restricted share units based on adjusted EPS compound annual growth rate over a three-year performance period.
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 Daniel L. Poland report for CPB?

He reported a 5,876-share sale at $30.87 on 09/30/2025 and acquisitions of 7,057 shares (09/30/2025) and 27,778 shares (10/01/2025) from vesting RSUs.

Why were some shares acquired at $0 in the Form 4?

Those entries represent shares delivered upon vesting of performance-restricted share units, reported as acquisitions at $0 because no cash purchase was made.

What is the total reported beneficial ownership after these transactions?

The Form 4 shows total reported beneficial ownership of 111,685 shares following the reported transactions.

What performance metrics determined the vested awards?

The filing states vesting was based on total shareholder return and adjusted EPS compound annual growth rate over a three-year performance period.

When was the Form 4 filed and who signed it?

The Form 4 was signed by an attorney-in-fact, Marci K. Donnelly, on 10/02/2025.
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