Consul FL LLC discloses 5.79% Campbell's (NYSE: CPB) holding
Rhea-AI Filing Summary
Consul FL LLC filed a Schedule 13G reporting a significant passive stake in Campbell's Co common stock. The filing shows beneficial ownership of 17,274,200 shares, representing 5.79% of the outstanding common stock as of the event date. Consul FL LLC has sole power to vote and dispose of all these shares, with no shared voting or dispositive power.
The reporting person is described as a holding company formed to passively hold shares of Campbell's Co, and it certifies that the securities were not acquired and are not held for the purpose of changing or influencing control of the company.
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FAQ
What stake in Campbell's Co (CPB) does Consul FL LLC report?
Consul FL LLC reports beneficial ownership of 17,274,200 shares of Campbell's Co common stock, representing 5.79% of the class.
What type of investor is Consul FL LLC in relation to Campbell's Co (CPB)?
Consul FL LLC is described as a holding company formed to passively hold shares of Campbell's Co.
Does Consul FL LLC have control over voting Campbell's Co (CPB) shares?
Yes. The filing states Consul FL LLC has sole voting power over 17,274,200 shares and no shared voting power.
What dispositive power does Consul FL LLC have over its Campbell's Co (CPB) shares?
Consul FL LLC has sole dispositive power over 17,274,200 shares and no shared dispositive power, meaning it alone decides if and when to sell those shares.
Is Consul FL LLC seeking to influence control of Campbell's Co (CPB)?
No. The certification states the securities were not acquired and are not held for the purpose or effect of changing or influencing control of Campbell's Co.
Who is listed as the person filing in connection with the Campbell's Co (CPB) stake?
The filing identifies Catherine D. Malone, as Trustee of the Mary Alice Dorrance Malone Revocable Trust, in connection with the reported ownership.