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[8-K] Cyclacel Pharmaceuticals, Inc. 6% Cnvrtbl. Prfrd. Stock Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Campbell Soup Company (CPB) Form 4 filing � insider activity. On 26 June 2025, Director Sarah Hofstetter acquired 1,348.51 units of phantom stock, an award whose value mirrors one share of common stock. The units were granted at a stated price of $0 under the company’s Supplemental Retirement Plan and are fully vested. After the transaction, Hofstetter’s total phantom-stock holdings rose to 25,710.86 units, which now include 262.25 units accumulated through dividend reinvestment since her last report. Phantom stock will be settled in cash upon the director’s retirement, resignation, or termination. No sales or disposals were reported, and there were no changes in non-derivative common-stock ownership.

Because the award represents routine director compensation and has an estimated market value far below materiality thresholds relative to Campbell’s market capitalisation, the filing is considered informational rather than market-moving. Nevertheless, the absence of sales and the continuing accumulation of stock-equivalent units signal ongoing alignment of director interests with shareholder value.

Campbell Soup Company (CPB) Modulo 4 � attività degli insider. Il 26 giugno 2025, la Direttrice Sarah Hofstetter ha acquisito 1.348,51 unità di phantom stock, un premio il cui valore corrisponde a una azione ordinaria. Le unità sono state assegnate a un prezzo nominale di 0$ nell'ambito del Piano Pensionistico Supplementare della società e sono completamente maturate. Dopo la transazione, il totale delle unità di phantom stock detenute da Hofstetter è salito a 25.710,86 unità, comprensive di 262,25 unità accumulate tramite il reinvestimento dei dividendi dalla sua ultima segnalazione. Il phantom stock verrà liquidato in contanti al momento del pensionamento, dimissioni o licenziamento della direttrice. Non sono state segnalate vendite o cessioni, né variazioni nella proprietà di azioni ordinarie non derivate.

Poiché il premio rappresenta una normale remunerazione per i direttori e il suo valore di mercato stimato è ben al di sotto delle soglie di rilevanza rispetto alla capitalizzazione di mercato di Campbell, la segnalazione è considerata informativa e non influente sul mercato. Tuttavia, l'assenza di vendite e la continua accumulazione di unità equivalenti a azioni indicano un allineamento costante degli interessi della direttrice con il valore per gli azionisti.

Campbell Soup Company (CPB) presentación Formulario 4 � actividad de insiders. El 26 de junio de 2025, la Directora Sarah Hofstetter ܾó 1,348.51 unidades de phantom stock, un premio cuyo valor refleja una acción común. Las unidades fueron otorgadas a un precio declarado de $0 bajo el Plan Suplementario de Jubilación de la empresa y están totalmente consolidadas. Tras la transacción, la tenencia total de phantom stock de Hofstetter aumentó a 25,710.86 unidades, que ahora incluyen 262.25 unidades acumuladas mediante reinversión de dividendos desde su último reporte. El phantom stock se liquidará en efectivo al momento de la jubilación, renuncia o despido de la directora. No se reportaron ventas ni disposiciones, y no hubo cambios en la propiedad de acciones comunes no derivadas.

Dado que el premio representa una compensación rutinaria para directores y su valor de mercado estimado está muy por debajo de los umbrales de materialidad en relación con la capitalización de mercado de Campbell, la presentación se considera informativa y no que mueva el mercado. Sin embargo, la ausencia de ventas y la continua acumulación de unidades equivalentes a acciones indican una alineación constante de los intereses de la directora con el valor para los accionistas.

캠벨 수프 컴퍼�(CPB) Form 4 제출 � 내부� 활동. 2025� 6� 26�, 이사 Sarah Hofstetter팬텀 스톡 1,348.51 단위� 취득했습니다. 팬텀 스톡은 보통� � 주의 갶치를 반영하는 보상입니�. 해당 단위들은 회사� 추갶� 퇴직연금 계획 하에 명시� 갶� $0� 부여되었으�, 완전� 베스�(권리 확정)� 상태입니�. 이번 거래 � Hofstetter 이사� 팬텀 스톡 � 보유량은 25,710.86 단위� 증갶했으며, � � 262.25 단위� 지� 보고 이후 배당� 재투자를 통해 누적� 것입니다. 팬텀 스톡은 이사� 은�, 사임 또는 해고 � 현금으로 정산됩니�. 판매� 처분은 보고되지 않았으며, 비파� 보통� 소유� 변화도 없었습니�.

� 보상은 이사� 대� 일상적인 보수이며, 캠벨� 시갶총� 대� 중요� 기준� 훨씬 � 미치� 추정 시장 갶치를 갶지� 있어, 제출 내용은 정보 제공 목적이지 시장� 영향� 미칠 만한 사안으로 간주되지 않습니다. 그럼에도 불구하고 판매갶 없고 주식 등갶� 단위� 지속적 누적은 이사� 이해관계갶� 주주 갶치와 계속 일치하고 있음� 나타냅니�.

Campbell Soup Company (CPB) dépôt du formulaire 4 � activité des initiés. Le 26 juin 2025, la directrice Sarah Hofstetter a acquis 1 348,51 unités de phantom stock, une attribution dont la valeur reflète une action ordinaire. Les unités ont été attribuées à un prix déclaré de 0 $ dans le cadre du Plan de Retraite Supplémentaire de la société et sont entièrement acquises. Après la transaction, la détention totale de phantom stock de Hofstetter est passée à 25 710,86 unités, incluant 262,25 unités accumulées par réinvestissement des dividendes depuis son dernier rapport. Le phantom stock sera réglé en espèces lors de la retraite, de la démission ou du licenciement de la directrice. Aucune vente ou cession n’a été signalée, et il n’y a eu aucun changement dans la détention d’actions ordinaires non dérivées.

Étant donné que cette attribution représente une rémunération habituelle des administrateurs et que sa valeur marchande estimée est bien en dessous des seuils de matérialité par rapport à la capitalisation boursière de Campbell, le dépôt est considéré comme informatif et non susceptible d’influencer le marché. Néanmoins, l’absence de ventes et l’accumulation continue d’unités équivalentes à des actions indiquent un alignement constant des intérêts de la directrice avec la valeur pour les actionnaires.

Campbell Soup Company (CPB) Form 4 Einreichung � Insider-Aktivitäten. Am 26. Juni 2025 erwarb die Direktorin Sarah Hofstetter 1.348,51 Einheiten von Phantomaktien, einer Zuwendung, deren Wert einer Stammaktie entspricht. Die Einheiten wurden zu einem festgelegten Preis von 0 $ im Rahmen des ergänzenden Altersvorsorgeplans des Unternehmens gewährt und sind vollständig unverfallbar. Nach der Transaktion stieg Hofstetters Gesamtbestand an Phantomaktien auf 25.710,86 Einheiten, einschließlich 262,25 Einheiten, die seit ihrem letzten Bericht durch Dividenden-Reinvestition angesammelt wurden. Phantomaktien werden bei Renteneintritt, Rücktritt oder Kündigung der Direktorin in bar abgewickelt. Es wurden keine Verkäufe oder Veräußerungen gemeldet, und es gab keine Änderungen im Besitz von nicht-derivierten Stammaktien.

Da die Zuwendung eine routinemäßige Direktorenvergütung darstellt und der geschätzte Marktwert im Vergleich zur Marktkapitalisierung von Campbell weit unter den Wesentlichkeitsschwellen liegt, wird die Einreichung als informativ und nicht als marktbewegend eingestuft. Dennoch signalisieren das Ausbleiben von Verkäufen und die fortlaufende Ansammlung von aktienäquivalenten Einheiten eine anhaltende Übereinstimmung der Interessen der Direktorin mit dem Wert für die Aktionäre.

Positive
  • Director acquired additional phantom shares rather than selling, indicating continued alignment with shareholder interests.
  • No dilution risk as phantom stock settles in cash under the Supplemental Retirement Plan.
Negative
  • None.

Insights

TL;DR: Routine phantom-stock grant; mildly shareholder-friendly, financially immaterial.

The Form 4 shows Hofstetter receiving 1,348 phantom shares, lifting her stake to 25,711 units. With CPB trading near the mid-$40s, the grant is worth roughly $60k—immaterial versus Campbell’s $14 bn market cap. No shares were sold, so signal remains neutral-to-slightly positive on governance grounds. Importantly, phantom stock settles in cash, so dilution is not a concern. Overall, I see no immediate valuation impact.

TL;DR: Standard director compensation, reflects alignment, not impactful.

Phantom-stock accruals are common for outside directors and foster long-term alignment without issuing new shares. The grant is fully vested, reinforcing retention but posing no dilution risk. Because settlement occurs in cash at separation, shareholders face neither overhang nor voting dilution. From a governance lens, the absence of sales and the modest uptick in accumulated value are benign. Impact on investor sentiment should be minimal.

Campbell Soup Company (CPB) Modulo 4 � attività degli insider. Il 26 giugno 2025, la Direttrice Sarah Hofstetter ha acquisito 1.348,51 unità di phantom stock, un premio il cui valore corrisponde a una azione ordinaria. Le unità sono state assegnate a un prezzo nominale di 0$ nell'ambito del Piano Pensionistico Supplementare della società e sono completamente maturate. Dopo la transazione, il totale delle unità di phantom stock detenute da Hofstetter è salito a 25.710,86 unità, comprensive di 262,25 unità accumulate tramite il reinvestimento dei dividendi dalla sua ultima segnalazione. Il phantom stock verrà liquidato in contanti al momento del pensionamento, dimissioni o licenziamento della direttrice. Non sono state segnalate vendite o cessioni, né variazioni nella proprietà di azioni ordinarie non derivate.

Poiché il premio rappresenta una normale remunerazione per i direttori e il suo valore di mercato stimato è ben al di sotto delle soglie di rilevanza rispetto alla capitalizzazione di mercato di Campbell, la segnalazione è considerata informativa e non influente sul mercato. Tuttavia, l'assenza di vendite e la continua accumulazione di unità equivalenti a azioni indicano un allineamento costante degli interessi della direttrice con il valore per gli azionisti.

Campbell Soup Company (CPB) presentación Formulario 4 � actividad de insiders. El 26 de junio de 2025, la Directora Sarah Hofstetter ܾó 1,348.51 unidades de phantom stock, un premio cuyo valor refleja una acción común. Las unidades fueron otorgadas a un precio declarado de $0 bajo el Plan Suplementario de Jubilación de la empresa y están totalmente consolidadas. Tras la transacción, la tenencia total de phantom stock de Hofstetter aumentó a 25,710.86 unidades, que ahora incluyen 262.25 unidades acumuladas mediante reinversión de dividendos desde su último reporte. El phantom stock se liquidará en efectivo al momento de la jubilación, renuncia o despido de la directora. No se reportaron ventas ni disposiciones, y no hubo cambios en la propiedad de acciones comunes no derivadas.

Dado que el premio representa una compensación rutinaria para directores y su valor de mercado estimado está muy por debajo de los umbrales de materialidad en relación con la capitalización de mercado de Campbell, la presentación se considera informativa y no que mueva el mercado. Sin embargo, la ausencia de ventas y la continua acumulación de unidades equivalentes a acciones indican una alineación constante de los intereses de la directora con el valor para los accionistas.

캠벨 수프 컴퍼�(CPB) Form 4 제출 � 내부� 활동. 2025� 6� 26�, 이사 Sarah Hofstetter팬텀 스톡 1,348.51 단위� 취득했습니다. 팬텀 스톡은 보통� � 주의 갶치를 반영하는 보상입니�. 해당 단위들은 회사� 추갶� 퇴직연금 계획 하에 명시� 갶� $0� 부여되었으�, 완전� 베스�(권리 확정)� 상태입니�. 이번 거래 � Hofstetter 이사� 팬텀 스톡 � 보유량은 25,710.86 단위� 증갶했으며, � � 262.25 단위� 지� 보고 이후 배당� 재투자를 통해 누적� 것입니다. 팬텀 스톡은 이사� 은�, 사임 또는 해고 � 현금으로 정산됩니�. 판매� 처분은 보고되지 않았으며, 비파� 보통� 소유� 변화도 없었습니�.

� 보상은 이사� 대� 일상적인 보수이며, 캠벨� 시갶총� 대� 중요� 기준� 훨씬 � 미치� 추정 시장 갶치를 갶지� 있어, 제출 내용은 정보 제공 목적이지 시장� 영향� 미칠 만한 사안으로 간주되지 않습니다. 그럼에도 불구하고 판매갶 없고 주식 등갶� 단위� 지속적 누적은 이사� 이해관계갶� 주주 갶치와 계속 일치하고 있음� 나타냅니�.

Campbell Soup Company (CPB) dépôt du formulaire 4 � activité des initiés. Le 26 juin 2025, la directrice Sarah Hofstetter a acquis 1 348,51 unités de phantom stock, une attribution dont la valeur reflète une action ordinaire. Les unités ont été attribuées à un prix déclaré de 0 $ dans le cadre du Plan de Retraite Supplémentaire de la société et sont entièrement acquises. Après la transaction, la détention totale de phantom stock de Hofstetter est passée à 25 710,86 unités, incluant 262,25 unités accumulées par réinvestissement des dividendes depuis son dernier rapport. Le phantom stock sera réglé en espèces lors de la retraite, de la démission ou du licenciement de la directrice. Aucune vente ou cession n’a été signalée, et il n’y a eu aucun changement dans la détention d’actions ordinaires non dérivées.

Étant donné que cette attribution représente une rémunération habituelle des administrateurs et que sa valeur marchande estimée est bien en dessous des seuils de matérialité par rapport à la capitalisation boursière de Campbell, le dépôt est considéré comme informatif et non susceptible d’influencer le marché. Néanmoins, l’absence de ventes et l’accumulation continue d’unités équivalentes à des actions indiquent un alignement constant des intérêts de la directrice avec la valeur pour les actionnaires.

Campbell Soup Company (CPB) Form 4 Einreichung � Insider-Aktivitäten. Am 26. Juni 2025 erwarb die Direktorin Sarah Hofstetter 1.348,51 Einheiten von Phantomaktien, einer Zuwendung, deren Wert einer Stammaktie entspricht. Die Einheiten wurden zu einem festgelegten Preis von 0 $ im Rahmen des ergänzenden Altersvorsorgeplans des Unternehmens gewährt und sind vollständig unverfallbar. Nach der Transaktion stieg Hofstetters Gesamtbestand an Phantomaktien auf 25.710,86 Einheiten, einschließlich 262,25 Einheiten, die seit ihrem letzten Bericht durch Dividenden-Reinvestition angesammelt wurden. Phantomaktien werden bei Renteneintritt, Rücktritt oder Kündigung der Direktorin in bar abgewickelt. Es wurden keine Verkäufe oder Veräußerungen gemeldet, und es gab keine Änderungen im Besitz von nicht-derivierten Stammaktien.

Da die Zuwendung eine routinemäßige Direktorenvergütung darstellt und der geschätzte Marktwert im Vergleich zur Marktkapitalisierung von Campbell weit unter den Wesentlichkeitsschwellen liegt, wird die Einreichung als informativ und nicht als marktbewegend eingestuft. Dennoch signalisieren das Ausbleiben von Verkäufen und die fortlaufende Ansammlung von aktienäquivalenten Einheiten eine anhaltende Übereinstimmung der Interessen der Direktorin mit dem Wert für die Aktionäre.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

June 30, 2025

Date of Report (date of earliest event reported)

 

 

Cyclacel Pharmaceuticals, Inc.

(Exact name of Registrant as specified in its charter)

 

Delaware   0-50626   91-1707622
(State or other jurisdiction of
incorporation or organization)
  (Commission
File Number)
  (I.R.S. Employer
Identification Number)

 

Level 10, Tower 11, Avenue 5, No. 8

Jalan Kerinchi, Kuala Lumpur, Malaysia 592000

(Address of principal executive offices) (Zip code)

 

(908) 517-7330

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001 per share   CYCC   The Nasdaq Capital Market
Preferred Stock, $0.001 par value   CYCCP   The Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

(a) The 2025 Annual Meeting of Cyclacel Pharmaceuticals, Inc. was held on June 30, 2025.

 

(b) The results of the matters submitted to a shareholder vote at the Annual Meeting were as follows:

 

1. Election of Directors: Our shareholders re-elected the following five (5) directors to each serve a three-year term expiring on the date of our 2028 annual meeting of shareholders or until his successor has been duly chosen and qualified.

 

1.A. Datuk Dr. Doris Wong

 

FOR   AGAINST   ABSTAIN   BROKER NON-VOTE 
Number   %   Number   %   Number   %   Number   % 
 305,050,384    99.97%   0    0%   95,025    0.03%   N/A    N/A 

 

1B. Kiu Cu Seng

 

FOR   AGAINST   ABSTAIN   BROKER NON-VOTE 
Number   %   Number   %   Number   %   Number   % 
 305,047,294    99.97%   0    0%   98,115    0.03%   N/A    N/A 

 

1.C. Kwang Fock Chong

 

FOR   AGAINST   ABSTAIN   BROKER NON-VOTE 
Number   %   Number   %   Number   %   Number   % 
 305,045,327    99.97%   0    0%   100,082    0.03%   N/A    N/A 

 

1.D. Dr. Satis Waran Nair Krishnan

 

FOR   AGAINST   ABSTAIN   BROKER NON-VOTE 
Number   %   Number   %   Number   %   Number   % 
 305,045,506    99.97%   0    0%   99,903    0.03%   N/A    N/A 

 

1.E. Inigo Angel Laurduraj

 

FOR   AGAINST   ABSTAIN   BROKER NON-VOTE 
Number   %   Number   %   Number   %   Number   % 
 305,045,342    99.97%   0    0%   100,067    0.03%   N/A    N/A 

 

2. Approve a Proposed Amendment to the 2018 Equity Incentive Plan. Our shareholders approved a proposed amendment to the Company’s 2018 Equity Incentive Plan to increase the number of shares of Common Stock available for the grant of awards by 4,281,987.

 

FOR   AGAINST   ABSTAIN   BROKER NON-VOTE 
Number   %   Number   %   Number   %   Number   % 
 304,957,049    99.94%   168,539    0.05%   19,821    0.01%   N/A    N/A 

 

3. Approve by an Advisory Vote the Executive Compensation. Our shareholders approved by an advisory vote the compensation of our named executive officers and directors, as disclosed in this proxy statement.

 

FOR   AGAINST   ABSTAIN   BROKER NON-VOTE 
Number   %   Number   %   Number   %   Number   % 
 305,004,614    99.95%   124,873    0.04%   15,922    0.01%   N/A    N/A 

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.   Description
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: June 30, 2025 Cyclacel Pharmaceuticals, Inc.
     
  By: /s/ Datuk Dr. Doris Wong Sing Ee
  Name: Datuk Dr. Doris Wong Sing Ee
  Title: Chief Executive Officer

 

 

 

FAQ

How many Campbell Soup (CPB) phantom shares did Director Sarah Hofstetter acquire?

She acquired 1,348.51 phantom stock units on 26 June 2025.

What type of security was involved in the CPB Form 4 filed on 30 June 2025?

The transaction involved phantom stock, economically equivalent to common shares but settled in cash.

Was the transaction a purchase or a sale by the insider?

It was an acquisition (Code "A"); no sales or disposals were reported.

What is Sarah Hofstetter’s total phantom-stock holding after the transaction?

Her holdings climbed to 25,710.86 units following the reported grant.

When is the phantom stock payable to the director?

The value is payable in cash upon the director’s retirement, resignation, or termination from Campbell Soup Company.
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