Mary Alice Dorrance Malone Jr. - 06 Jan 2026 Form 4 Insider Report for CAMPBELL'S Co (CPB)

Role: Director, 10%+ Owner
Signature: Marci K. Donnelly, Attorney-in-Fact
Issuer symbol: CPB
Transactions as of: 06 Jan 2026
Net transactions value: -$722,298,179
Form type: 4
Filing time: 08 Jan 2026, 17:37:24 UTC
Previous filing: 30 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Malone Mary Alice Dorrance JR	Director, 10%+ Owner	1 CAMPBELL PLACE, CAMDEN	Marci K. Donnelly, Attorney-in-Fact	08 Jan 2026	0002078870

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPB	Common Stock	Other	$722,298,179	-26,741,880	-67%	$27.01	13,218,457	06 Jan 2026	Mary Alice Dorrance Malone Revocable Trust	F1, F2
holding	CPB	Common Stock						18,426,809	06 Jan 2026	Contango Limited LP	F3
holding	CPB	Common Stock						4,271,414	06 Jan 2026	Quizhou, LP	F4
holding	CPB	Common Stock						17,274,200	06 Jan 2026	Consul FL, LLC	F5
holding	CPB	Common Stock						80,572	06 Jan 2026	Mary Alice Malone, Jr. Management Trust	F6
holding	CPB	Common Stock						467,147	06 Jan 2026	GRAT 9 Follow-On Trust fbo Mary Alice Malone, Jr.	F6
holding	CPB	Common Stock						14,554	06 Jan 2026	1984 Trust fbo Mary Alice Malone, Jr.	F6
holding	CPB	Common Stock						14,554	06 Jan 2026	1984 Trust fbo Catherine Dorrance Malone	F7
holding	CPB	Common Stock						1,333	06 Jan 2026	Hera Management LLC	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects transfer of shares from the Mary Alice Dorrance Malone Revocable Trust to two family partnerships and one family LLC in exchange for cash pursuant to a substitution of assets. Ms. Malone, Jr. disclaims beneficial ownership of the shares held by such entities except in each case to the extent of her respective pecuniary interest therein.
F2	Ms. Malone, Jr. is co-beneficiary and co-trustee of the trust. Ms. Malone, Jr. disclaims beneficial ownership of all of these shares except to the extent of her pecuniary interest therein.
F3	Held by Contango Limited LP, of which Hera Management LLC, of which Ms. Malone, Jr. is a co-manager, is the general partner. Reflects transfer of 5,196,266 shares from the Mary Alice Dorrance Malone Revocable Trust to Contango Limited LP on 1/6/26. Ms. Malone, Jr. disclaims beneficial ownership of all of these shares except to the extent of her pecuniary interest therein.
F4	Held by Quizhou, LP, of which Grandjaero Management, LLC, of which Ms. Malone, Jr. is a co-manager, is the general partner. Reflects transfer of 4,271,414 shares from the Mary Alice Dorrance Malone Revocable Trust to Quizhou, LP on 1/6/26. Ms. Malone, Jr. disclaims beneficial ownership of all of these shares except to the extent of her pecuniary interest therein.
F5	Held by Consul FL, LLC, of which Ms. Malone, Jr. is a co-manager. Reflects transfer of 17,274,200 shares from the Mary Alice Dorrance Malone Revocable Trust to Consul FL, LLC on 1/6/26. Ms. Malone, Jr. disclaims beneficial ownership of all of these shares except to the extent of her pecuniary interest therein.
F6	Ms. Malone, Jr. is the beneficiary and co-trustee of the trust.
F7	Ms. Malone, Jr. is a co-trustee and a remainder beneficiary of the trust. Ms. Malone, Jr. disclaims beneficial ownership of all of these shares except to the extent of her pecuniary interest therein.
F8	Held by Hera Management LLC, of which Ms. Malone, Jr. is a co-manager. Ms. Malone, Jr. disclaims beneficial ownership of all of these shares except to the extent of her pecuniary interest therein.