[144] Serina Therapeutics, Inc. SEC Filing

Rhea-AI Filing Summary

Campbell Soup Company (CPB) – Form 4 filing dated 06/30/2025

Director Maria Teresa Hilado reported the acquisition of 1,459.54 phantom stock units on 06/26/2025. Each unit is economically equivalent to one share of Campbell common stock but settles in cash under the company’s Supplemental Retirement Plan when the director leaves the board. Following the transaction, Hilado’s total phantom stock balance stands at 32,860.64 units, which includes 338.02 units accumulated via dividend reinvestment since her prior report.

The transaction was coded “A” (award) at a stated price of $0, indicating a routine, non-market grant typically tied to director compensation or fee deferrals rather than an open-market purchase. Because phantom stock does not involve the issuance of new shares or direct cash outlay by the insider, the filing has limited immediate impact on CPB’s share count, liquidity, or public float.

Insights

Securities Analyst

TL;DR: Routine phantom-stock grant; neutral for valuation and float.

The award of 1,460 phantom units to Director Hilado is part of Campbell’s standard non-employee director compensation. Phantom shares settle in cash and do not dilute equity, so there is no effect on EPS or outstanding shares. The increase in the director’s economic exposure modestly aligns incentives with shareholders, but at fewer than 0.005% of CPB’s ~300 million shares outstanding, the event is immaterial to valuation or governance dynamics. I classify the filing as neutral (rating 0).

Corporate Governance Expert

TL;DR: Compensation-related grant signals standard board alignment.

Phantom stock awards are common tools for director pay, encouraging long-term focus without issuing equity. Hilado’s holdings now total roughly 33 k phantom units, reinforcing alignment but not altering board control. There are no red flags—no 10b5-1 plan, no disposition, and no share sales. Given its routine nature and absence of strategic signals, I assign an impact rating of 0.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Stifel Nicolaus & Company Inc 501 N Broadway St. Louis MO 63102	99674	576055.91	9967381	06/30/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/06/2021	Option Exercise	Issuer			521186	06/30/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Campbell Soup (CPB) disclose in the latest Form 4?

Director Maria Teresa Hilado received 1,459.54 phantom stock units on 06/26/2025, raising her phantom balance to 32,860.64 units.

Does the phantom stock grant dilute Campbell Soup’s shares?

No. Phantom stock settles in cash and does not increase the number of CPB shares outstanding.

Is this Form 4 transaction part of a 10b5-1 trading plan?

The filing does not indicate that the award was executed under a Rule 10b5-1 plan.

When will the phantom stock units be paid out?

Cash settlement occurs upon the director’s retirement, resignation, or termination, per the Supplemental Retirement Plan.

How many phantom stock units has Director Hilado accumulated through dividend reinvestment?

The filing notes 338.02 units were added via dividend reinvestment since her last report.