[Form 4] General Mills, Inc. Insider Trading Activity

Rhea-AI Filing Summary

John G. Morikis, a director of General Mills, Inc. (GIS), received 528 shares of Common Stock on 08/24/2025 at an indicated price of $49.64 per share. The filing states the shares were issued to a non-employee director in lieu of a retainer under the 2022 Stock Compensation Plan. After this issuance, Mr. Morikis beneficially owned 14,369 shares, held directly. The Form 4 was signed on behalf of Mr. Morikis by Christopher A. Rauschl on 08/26/2025. The filing records a routine director equity grant and does not disclose any derivative transactions.

Positive

• 528 shares issued to a non-employee director in lieu of retainer under the 2022 Stock Compensation Plan
• Post-transaction beneficial ownership is disclosed as 14,369 shares, clarifying insider holdings

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director equity grant reported; aligns compensation with shareholder interests and reflects standard non-employee director pay practices.

The Form 4 documents a straightforward issuance of 528 shares to a non-employee director in lieu of a cash retainer under the company's 2022 Stock Compensation Plan. This is a common governance practice to conserve cash and align director incentives with shareholders. The filing shows direct ownership of 14,369 shares following the grant and contains no disclosures of option exercises, sales, or other derivative activity. Impact appears administrative rather than material to investors.

Securities Analyst

TL;DR: Insignificant market impact; issuance is small in size and part of routine director compensation.

The transaction recorded on 08/24/2025 lists 528 shares acquired at $49.64 per share, with no additional transactions or derivative positions reported. The Form 4 provides clear transaction details and post-transaction beneficial ownership of 14,369 shares held directly by the reporting person. There is no indication of sales or other activity that would suggest a change in insider conviction or trigger regulatory concerns.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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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 for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MORIKIS JOHN G

(Last) (First) (Middle)

NUMBER ONE GENERAL MILLS BOULEVARD

(Street)

MINNEAPOLIS MN 55426

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/24/2025

4. If Amendment, Date of 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

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	08/24/2025		A		528(1)	A	$49.64	14,369	D

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 Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. Common stock issued to Non-Employee Director in lieu of retainer under the 2022 Stock Compensation Plan.

	By: Christopher A. Rauschl For: John George Morikis	08/26/2025
	** 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 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).
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.

FAQ

What transaction did the General Mills insider report on Form 4 (GIS)?

The filing reports that director John G. Morikis acquired 528 shares of Common Stock on 08/24/2025 issued in lieu of a retainer.

At what price were the shares recorded in the Form 4 for GIS?

The Form 4 lists a price of $49.64 per share for the 528 shares.

How many General Mills shares did the reporting person beneficially own after the transaction?

Following the transaction, the filing reports 14,369 shares beneficially owned by the reporting person, held directly.

Why were the shares issued to the General Mills director?

The filing states the shares were issued to a non-employee director in lieu of retainer under the company’s 2022 Stock Compensation Plan.

Were any derivative securities reported in this Form 4 for GIS?

No. The Form 4 contains no entries in the derivative securities section and discloses only the non-derivative common stock issuance.