Trustee reports 30.49M CPB shares ownership (CPB) after March 2026 merger

Rhea-AI Filing Summary

The Campbell's Company ownership filing shows Catherine D. Malone, as Trustee of the Mary Alice Dorrance Malone Revocable Trust, reports beneficial ownership of 30,492,657 shares of common stock, representing 10.23% of the class. The trust reports sole voting and dispositive power over those shares and states a merger on 03/31/2026 increased its indirect interests by 17,274,200 shares.

Insights

Corporate Governance Analyst

Trust reports a large, clearly described passive stake with sole voting power.

The filing lists 30,492,657 shares and 10.23% ownership as of the reported entries, with sole voting and dispositive authority over those shares. The trustee disclaims voting power over certain other entities while noting a merger increased indirect interests by 17,274,200 shares on 03/31/2026.

Key dependencies include the trust structure and the reported disclaimers of beneficial ownership regarding Contango, LP and Quizhou, LP. Subsequent filings or disclosures could clarify the practical control and any plans to hold or dispose of shares.

Key Figures

Reported shares beneficially owned: 30,492,657 shares Percent of class: 10.23% Increase in indirect interests: 17,274,200 shares +2 more

5 metrics

Reported shares beneficially owned 30,492,657 shares sole voting and dispositive power as reported

Percent of class 10.23% percent of common stock reported

Increase in indirect interests 17,274,200 shares merger effect on <date>03/31/2026</date>

Sole voting power 30,492,657 shares shares with sole voting power reported

Sole dispositive power 30,492,657 shares shares with sole dispositive power reported

Key Terms

beneficially owned, sole voting power, dispositive power, revocable trust

4 terms

beneficially owned regulatory

"Amount beneficially owned: 30,492,6547"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power regulatory

"Sole Voting Power 30,492,657.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

dispositive power regulatory

"Sole Dispositive Power 30,492,657.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

revocable trust other

"Reporting person is a revocable trust whose grantor died on June 16, 2025"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

The Campbell's Company

(Name of Issuer)

Common Stock

(Title of Class of Securities)

134429109

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 134429109

1

Names of Reporting Persons

Catherine D. Malone, as Trustee of the Mary Alice Dorrance Malone Revocable Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FLORIDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 30,492,657.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 30,492,657.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

30,492,657.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.23 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Reporting person is a revocable trust whose grantor died on June 16, 2025. Reporting person also holds indirect pecuniary interest in a portion of the 18,426,809 shares of the issuer held by Contango, LP, and a portion of the 4,271,414 shares of the issuer held by Quizhou, LP. Reporting person has no voting power or dispositive power over these entities, and disclaims beneficial ownership in the shares of issuer held by Contango and Quizhou, except to the extent of its pecuniary interest therein. Reporting Person merged with Trust U/A/D October 14, 2009, of Mary Alice Dorrance Malone, Settlor on March 31, 2026, pursuant to which Reporting Person increased its indirect interests in Issuer by 17,274,200 shares.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: The Campbell's Company
(b)	Address of issuer's principal executive offices: 1 Campbell Place Camden, NJ, 08103
Item 2.
(a)	Name of person filing: Catherine D. Malone, as Trustee of the Mary Alice Dorrance Malone Revocable Trust
(b)	Address or principal business office or, if none, residence: FL
(c)	Citizenship: FL
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 134429109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 30,492,6547
(b)	Percent of class: 10.23%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 30,492,657
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 30,492,657
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Catherine D. Malone, as Trustee of the Mary Alice Dorrance Malone Revocable Trust

Signature:	/s/ Catherine D. Malone, as Trustee of the Mary Alice Dorrance Malone Revocable Trust
Name/Title:	Trustee
Date:	05/21/2026

FAQ

What stake does Catherine D. Malone report in Campbell's (CPB)?

The trustee reports 30,492,657 shares, representing 10.23% of common stock. The filing states the trustee has sole voting and dispositive power over those shares and lists the trust as the reporting person.

When did the trust increase its indirect interest in CPB shares?

The filing states a merger on 03/31/2026 increased indirect interests by 17,274,200 shares. That merger is described as the mechanism that expanded the trust's indirect holdings.

Does the trustee claim ownership of shares held by Contango or Quizhou?

The trustee disclaims beneficial ownership of shares held by Contango, LP and Quizhou, LP, except to the extent of a pecuniary interest. The filing says the trustee has no voting or dispositive power over those entities.

What voting and dispositive powers does the filing report?

The filing reports sole voting power of 30,492,657 shares and sole dispositive power of 30,492,657 shares. Shared voting and dispositive powers are reported as 0.

When was the Schedule 13G signed and filed by the trustee?

The signature block shows the filing was signed on 05/21/2026. The trust also notes the grantor died on 06/16/2025, which is included in the filing's explanatory comment.