GIS insider files Form 144 to sell 19,136 shares via Morgan Stanley
Rhea-AI Filing Summary
General Mills (GIS) Form 144 reports a proposed sale of 19,136 shares of common stock through Morgan Stanley Smith Barney, with an aggregate market value of $943,005.62 and about 542,427,490 shares outstanding, scheduled for sale on 08/11/2025 on the NYSE.
The filing details how the shares were acquired: 1,419 from restricted stock on 06/28/2025, 17,630 as performance shares on 06/30/2024, and 87 as performance shares on 06/27/2022. It also notes a prior sale of 6,000 shares on 07/02/2025 for $322,062 and includes the required representation that the seller has no undisclosed material adverse information.
Positive
- Form 144 provides transparent disclosure of a proposed sale of 19,136 shares valued at $943,005.62, including acquisition dates and recent sale activity
Negative
- None.
Insights
TL;DR: Proposed sale is small relative to the company's outstanding shares and is unlikely to move the market materially.
The filing discloses a planned sale of 19,136 shares valued at $943,005.62 versus 542,427,490 shares outstanding, indicating the transaction represents a very small fraction of the float. The sale is being routed through Morgan Stanley Smith Barney and comprises shares acquired as restricted stock and performance awards between 2022 and 2025. A recent sale of 6,000 shares on 07/02/2025 for $322,062 is disclosed, signaling prior disposition activity by the same person.
TL;DR: The Form 144 provides standard disclosure of an individual sale and required certifications; no new corporate governance concerns are evident from this notice alone.
The notice contains acquisition details (restricted stock and performance shares) and the seller's attestation about material information. It does not state the filer’s formal relationship to the issuer in the provided content. From a governance perspective, the filing meets disclosure requirements by stating quantity, acquisition dates, and prior sale activity, enabling investors to assess insider liquidity events.