Director adds 1,925 Campbell's (NYSE: CPB) shares through trust grant

Rhea-AI Filing Summary

Dorrance Bennett JR reported acquisition or exercise transactions in this Form 4 filing.

Campbell's Co director Bennett Dorrance Jr reported an indirect award of 1,925 shares of Common Stock to the Bennett Dorrance, Jr. Trust at $0.00 per share, indicating a compensation-related grant rather than a market purchase. Following this award, the trust holds 572,410 Campbell's shares indirectly attributed to him, so the new grant modestly increases an already substantial indirect position.

Insights

Equity compensation analyst

Routine equity grant to director’s trust with modest size.

The filing shows Bennett Dorrance Jr, a director of Campbell's Co, receiving an indirect award of 1,925 Common Stock shares at $0.00 per share through the Bennett Dorrance, Jr. Trust. The code A confirms it as a grant or similar acquisition, not an open-market trade.

After the transaction, the trust’s indirect holdings total 572,410 shares, so this grant is small relative to the existing position and appears to be part of normal director compensation rather than a directional bet on the stock. The filing shows no derivatives remaining, suggesting no option-related activity in this report.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dorrance Bennett JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,925	$0.00	--

Holdings After Transaction: Common Stock — 572,410 shares (Indirect, Bennett Dorrance, Jr. Trust)

Footnotes (1)

Key Figures

Shares granted: 1,925 shares Grant price: $0.00 per share Indirect holdings after: 572,410 shares

3 metrics

Shares granted 1,925 shares Common Stock award coded A on 2026-03-30

Grant price $0.00 per share Award to Bennett Dorrance, Jr. Trust

Indirect holdings after 572,410 shares Total Campbell's shares held by Bennett Dorrance, Jr. Trust after grant

Key Terms

Grant, award, or other acquisition, indirect ownership, Common Stock, trust

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

indirect ownership financial

"direct_or_indirect: I and ownership_type: indirect"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

trust financial

"nature_of_ownership: Bennett Dorrance, Jr. Trust"

Form 4 Insider Transactions: What Each Field Means →

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dorrance Bennett JR

(Last) (First) (Middle)

1 CAMPBELL PLACE

(Street)

CAMDEN NEW JERSEY 08103

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CAMPBELL'S Co [ CPB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/30/2026		A		1,925	A	$0	572,410	I	Bennett Dorrance, Jr. Trust

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	03/31/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Campbell's Co (CPB) director Bennett Dorrance Jr report in this Form 4?

Bennett Dorrance Jr reported an indirect award of 1,925 Campbell's Co (CPB) Common Stock shares to the Bennett Dorrance, Jr. Trust at $0.00 per share, reflecting a compensation-related grant rather than a market purchase or sale.

How many Campbell's Co (CPB) shares does the Bennett Dorrance, Jr. Trust hold after this transaction?

After the reported grant, the Bennett Dorrance, Jr. Trust holds 572,410 Campbell's Co (CPB) shares indirectly attributed to director Bennett Dorrance Jr. This total includes the newly awarded 1,925 shares and represents his reported indirect ownership position in the company.

Was the Campbell's Co (CPB) Form 4 a market buy or sell by Bennett Dorrance Jr?

No, the Form 4 for Campbell's Co (CPB) shows a grant or award acquisition, coded “A,” of 1,925 shares at $0.00, received indirectly through a trust. It does not reflect an open-market purchase or sale of shares by the director.

How is ownership of Campbell's Co (CPB) shares structured for Bennett Dorrance Jr in this filing?

The Form 4 indicates indirect ownership for Campbell's Co (CPB) shares, held through the Bennett Dorrance, Jr. Trust. The transaction’s nature-of-ownership field lists the trust, so the reported 572,410 shares are attributed indirectly rather than held directly by the director.

Does this Campbell's Co (CPB) Form 4 show any derivative or option exercises?

No, the Campbell's Co (CPB) Form 4 includes only a non-derivative grant of 1,925 Common Stock shares. The derivativeSummary section is empty, and the transactionSummary shows no option exercises or other derivative transactions reported in this filing.