Statement of Changes in Beneficial Ownership (Form 4)

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Malone Mary Alice Dorrance JR 2. Issuer Name and Ticker or Trading Symbol CAMPBELL'S Co [CPB] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1 CAMPBELL PLACE 3. Date of Earliest Transaction (Month/Day/Year) 01/06/2026 (Street) CAMDEN, NJ 08103 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 01/06/2026 J(1) 26,741,880 D $27.01 13,218,457 I Mary Alice Dorrance Malone Revocable Trust(2) Common Stock 18,426,809 I Contango Limited LP(3) Common Stock 4,271,414 I Quizhou, LP(4) Common Stock 17,274,200 I Consul FL, LLC(5) Common Stock 80,572 I Mary Alice Malone, Jr. Management Trust(6) Common Stock 467,147 I GRAT 9 Follow-On Trust fbo Mary Alice Malone, Jr.(6) Common Stock 14,554 I 1984 Trust fbo Mary Alice Malone, Jr.(6) Common Stock 14,554 I 1984 Trust fbo Catherine Dorrance Malone(7) Common Stock 1,333 I Hera Management LLC(8)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Malone Mary Alice Dorrance JR 1 CAMPBELL PLACE CAMDEN, NJ 08103	X	X

Signatures

Marci K. Donnelly, Attorney-in-Fact		01/08/2026
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	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.
(2)	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.
(3)	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.
(4)	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.
(5)	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.
(6)	Ms. Malone, Jr. is the beneficiary and co-trustee of the trust.
(7)	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.
(8)	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.

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