GIS Rule 144 Notice: 1,629 Shares via Morgan Stanley on NYSE
Rhea-AI Filing Summary
General Mills (GIS) insider notice for proposed sale under Rule 144. The filing shows a proposed sale of 1,629 common shares through Morgan Stanley Smith Barney LLC on the NYSE with an aggregate market value of $81,572.18. The securities were acquired and will be sold on 09/12/2025 following a stock option exercise and payment was made in cash.
The filing also lists prior open-market sales by related persons during the past three months: 13,040 shares for $646,001.60 on 08/14/2025, 19,136 shares for $943,005.61 on 08/11/2025, and 6,000 shares for $322,062.00 on 07/02/2025. The filer certifies no undisclosed material adverse information and the notice is executed under the standard Rule 144 representations.
Positive
- Clear disclosure of broker, exchange, share count, and aggregate market value for the proposed sale
- Transaction origin is identified as a stock option exercise with cash payment, clarifying acquisition and funding method
- Past three-month sales are disclosed with dates and gross proceeds, supporting transparency
- Filer certification that no undisclosed material adverse information is known
Negative
- None.
Insights
TL;DR: Routine Form 144 reporting of an insider sale after option exercise; disclosure is standard and likely low-impact.
The notice documents a 1,629-share proposed sale following a same-day stock option exercise, routed through a major broker on the NYSE. Prior related dispositions in the past three months total 38,176 shares with gross proceeds of $1,911,069.21. Relative to the issuer's reported outstanding shares (542,427,490), these volumes are immaterial from a market-cap or dilution perspective. The filing complies with Rule 144 disclosure norms and includes the required certification regarding material nonpublic information.
TL;DR: Filing appears procedurally complete and includes the standard attestation; no regulatory red flags evident.
The submission identifies the broker, execution venue, acquisition method (stock option exercise), consideration (cash), and dates for current and recent sales, fulfilling Rule 144 content requirements. The attestation that the seller is unaware of undisclosed material adverse information is present. There is no indication in the notice of trading-plan references or unusual payment arrangements that would raise compliance concerns based solely on the disclosed data.