General Mills (GIS) supply chain chief reports stock and option holdings

Rhea-AI Filing Summary

GENERAL MILLS INC executive Jonathan David Ness, Chief Supply Chain Officer, filed an initial Form 3 reporting his existing equity interests in the company. The filing lists direct holdings of 15,088 shares of Common Stock and an additional 2,184.274 shares of Common Stock held indirectly by a trust under the General Mills Savings Plan.

He also reports multiple Non-Qualified Stock Options on Common Stock with various exercise prices and expirations, including options exercisable at $51.81 per share for 5,429 underlying shares expiring on July 30, 2035. Footnotes state that certain options vest in four equal annual installments beginning on specified June dates between 2024 and 2026.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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^*

Ness Jonathan David

(Last) (First) (Middle)

NUMBER ONE GENERAL MILLS BOULEVARD

(Street)

MINNEAPOLIS MINNESOTA 55426

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026

3. Issuer Name and Ticker or Trading Symbol
GENERAL MILLS INC [ GIS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Supply Chain Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	15,088	D
Common Stock	2,184.274	I	by Trust(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	(2)	07/30/2035	Common Stock	5,429	$51.81	D
Non-Qualified Stock Option (right to buy)	06/25/2023	07/25/2029	Common Stock	1,514	$53.7	D
Non-Qualified Stock Option (right to buy)	06/29/2025	07/29/2031	Common Stock	1,354	$60.03	D
Non-Qualified Stock Option (right to buy)	06/30/2024	07/30/2030	Common Stock	1,318	$61.65	D
Non-Qualified Stock Option (right to buy)	(3)	07/28/2034	Common Stock	4,446	$63.26	D
Non-Qualified Stock Option (right to buy)	06/28/2026	07/28/2032	Common Stock	1,780	$70.26	D
Non-Qualified Stock Option (right to buy)	(4)	07/30/2033	Common Stock	3,667	$76.7	D

Explanation of Responses:

1. Held in Trust by the Trustee of the General Mills Savings Plan.

2. Option vests in four equal annual installments beginning on June 30, 2026.

3. Option vests in four equal annual installments beginning on June 28, 2025

4. Option vests in four equal annual installments beginning on June 30, 2024

	By: Christopher A. Rauschl For: Jonathan Ness	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does General Mills (GIS) executive Jonathan David Ness report on his Form 3?

Jonathan David Ness reports his initial ownership of General Mills equity, including Common Stock and non-qualified stock options. This Form 3 does not show new trades, only his existing holdings as he becomes a reporting insider at the company.

How many General Mills (GIS) common shares does Jonathan David Ness hold directly and indirectly?

Jonathan David Ness reports holding 15,088 shares of General Mills Common Stock directly. He also reports 2,184.274 additional Common Stock shares held indirectly by a trust associated with the General Mills Savings Plan, reflecting retirement-related plan holdings rather than recent market purchases or sales.

What stock options on General Mills (GIS) does Jonathan David Ness report on his Form 3?

He reports several Non-Qualified Stock Options on General Mills Common Stock with different exercise prices and expirations. One example is an option at $51.81 per share covering 5,429 underlying shares expiring on July 30, 2035, along with similar grants at higher strike prices.

How do Jonathan David Ness’s General Mills (GIS) stock options vest?

Footnotes state that certain options vest in four equal annual installments beginning on June 30, 2024, June 28, 2025, and June 30, 2026. This structure spreads his ability to exercise the options over several years, aligning his incentives with longer-term company performance.

Does Jonathan David Ness’s Form 3 for General Mills (GIS) show any recent insider buying or selling?

The Form 3 summarizes existing holdings and lists transactions as “holding” entries with unknown transaction codes. It does not show new buy or sell transactions; instead, it establishes his baseline ownership for future comparison as a newly reportable insider.

How are trust-held General Mills (GIS) shares described in Jonathan David Ness’s filing?

The filing notes 2,184.274 Common Stock shares held indirectly “by Trust,” with a footnote explaining they are held in trust by the trustee of the General Mills Savings Plan. This indicates retirement-plan related beneficial ownership rather than directly held brokerage shares.