{"schema_version":"secwatch.filing_event.v1","accession":"0000016732-23-000166","form_type":"8-K","ticker":"CPB","cik":"0000016732","company_name":"CAMPBELL'S Co","filed_at":"2023-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.014261+00:00","generated_at":"2026-06-07T19:24:07.856548+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Campbell Soup shareholders elect all 12 director nominees; executive compensation advisory vote passes","bullets":["All 12 director nominees elected with support ranging from 244.9M to 251.3M votes for each.","Ratification of PricewaterhouseCoopers as FY2024 auditor approved (263.1M for, 10.0M against).","Advisory vote on FY2023 executive compensation approved: 239.4M for, 12.7M against.","Shareholders voted for annual advisory votes on exec compensation (215.4M one year); board adopts annual frequency.","Two non-binding shareholder proposals defeated: cage-free egg report (16.5M for) and 401(k) carbon risk report (19.0M for)."],"urls":{"canonical":"https://secwatch.observer/filing/0000016732-23-000166","json":"https://secwatch.observer/filing/0000016732-23-000166.json","markdown":"https://secwatch.observer/filing/0000016732-23-000166.md","text":"https://secwatch.observer/filing/0000016732-23-000166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/16732/000001673223000166/0000016732-23-000166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/16732/000001673223000166/cpb-20231129.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:24:07.856548+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2455dd95e2f2b6f5fc446af8eecf17a5862ba3c4","claim":"CAMPBELL'S Co shareholders rejected Cage-Free Egg Conversion Plan Progress Report at the 2023-11-29 meeting.","evidence_excerpt":"5. Cage-Free Egg Conversion Plan Progress Report A non-binding shareholder proposal requesting that the Company provide a report detailing its conversion plans for achieving compliance with its cage-free egg commitment by 2025. The votes cast for and against this proposal as well as the abstentions and broker non-votes were as follows: For Against Abstain Broker Non-Votes 16,455,178 233,898,313 2,068,490 20,962,197","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/16732/000001673223000166/0000016732-23-000166-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2023-11-29"}],"fact_type":"shareholder_vote"},{"claim_id":"68ef3dbbb098026c80f0dc26af3c9902eba5d3d4","claim":"CAMPBELL'S Co shareholders rejected 401(k) Retirement Fund Investment Report at the 2023-11-29 meeting.","evidence_excerpt":"6. 401(k) Retirement Fund Investment Report A non-binding shareholder proposal requesting that the Board provide a report assessing how the Company is protecting 401(k) retirement fund plan beneficiaries - especially those with a longer investment time horizon - from increased future portfolio risk created by present-day investments in high-carbon companies. The votes cast for and against this proposal as well as the abstentions and broker non-votes were as follows: For Against Abstain Broker Non-Votes 19,001,601 220,527,889 12,892,394 20,962,197","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/16732/000001673223000166/0000016732-23-000166-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2023-11-29"}],"fact_type":"shareholder_vote"},{"claim_id":"70c0f231d3fb2baa97a4fcd787dfd7e1a0debd6b","claim":"CAMPBELL'S Co shareholders approved Election of Directors at the 2023-11-29 meeting.","evidence_excerpt":"1. Election of Directors The nominees for election to the Board of Directors (Board\") were elected, each until the next Annual Meeting of Shareholders or their earlier resignation or retirement. For each nominee, the votes cast for, against, abstentions, and broker non-votes were as follows: Director For Against Abstain Broker Non-Votes Fabiola R. Arredondo 251,115,007 1,127,166 179,811 20,962,197 Howard M. Averill 250,230,811 1,986,133 205,040 20,962,197 Mark A. Clouse 251,335,126 909,252 177,606 20,962,197 Bennett Dorrance, Jr. 250,425,038 1,812,269 184,677 20,962,197 Maria Teresa (Tessa) Hilado 251,183,101 1,062,062 176,821 20,962,197 Grant H. Hill 248,789,854 3,366,530 265,600 20,962,197 Sarah Hofstetter 249,821,872 2,409,857 190,255 20,962,197 Marc B. Lautenbach 249,945,185 2,220,474 256,325 20,962,197 Mary Alice D. Malone 245,840,419 6,305,508 276,057 20,962,197 Keith R. McLoughlin 248,871,085 3,359,984 190,915 20,962,197 Kurt T. Schmidt 248,850,710 3,300,226 271,048 20,962,197 A","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/16732/000001673223000166/0000016732-23-000166-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-11-29"}],"fact_type":"shareholder_vote"},{"claim_id":"77a46a3d480462f969c6f99b351d05b6063cd93b","claim":"CAMPBELL'S Co shareholders approved Advisory Vote on Fiscal 2023 Executive Compensation at the 2023-11-29 meeting.","evidence_excerpt":"3. Advisory Vote on Fiscal 2023 Executive Compensation The resolution to approve, on an advisory basis, the compensation of Campbell's executive officers named in the proxy statement for the 2023 Annual Meeting of Shareholders was approved. The votes cast for and against this proposal as well as the abstentions and broker non-votes were as follows: For Against Abstain Broker Non-Votes 239,355,221 12,675,112 391,535 20,962,197","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/16732/000001673223000166/0000016732-23-000166-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-11-29"}],"fact_type":"shareholder_vote"},{"claim_id":"84e7bd2ee6dea88765b8f211734b6e5902dd6d6f","claim":"CAMPBELL'S Co shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm for Fiscal 2024 at the 2023-11-29 meeting.","evidence_excerpt":"2. Ratification of Appointment of Independent Registered Public Accounting Firm for Fiscal 2024 The proposal to ratify the appointment of PricewaterhouseCoopers LLP as Campbell's independent registered public accounting firm for fiscal 2024 was approved. The votes cast for and against this proposal as well as the abstentions were as follows: For Against Abstain 263,122,309 10,007,607 254,265","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/16732/000001673223000166/0000016732-23-000166-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-11-29"}],"fact_type":"shareholder_vote"},{"claim_id":"fbf4978b0aea2e1425b35e3fcea4ea0fa0a8bbb3","claim":"CAMPBELL'S Co shareholders approved Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation at the 2023-11-29 meeting.","evidence_excerpt":"4. Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation A majority of the shareholders voted for \"One Year\" for the advisory vote on the frequency of future advisory votes on executive compensation. The votes cast for one year, two years and three years well as the abstentions and broker non-votes were as follows: One Year Two Years Three Years Abstain Broker Non-Votes 215,417,145 235,010 36,469,870 299,959 20,962,197","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/16732/000001673223000166/0000016732-23-000166-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-11-29"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}