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General Mills Strengthens Executive Retention with Major Stock Grant to Legal Chief

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

General Mills General Counsel & Secretary Karen Wilson Thissen reported the acquisition of 8,868 performance stock units (PSUs) on June 23, 2025. The PSUs were awarded at a price of $0.00 and are scheduled to vest on June 28, 2025.

Following this transaction, Thissen's direct beneficial ownership increased to 28,619.1 shares of General Mills common stock. The Form 4 filing was submitted by Christopher A. Rauschl on behalf of Thissen on June 25, 2025.

This equity-based compensation grant aligns with typical executive compensation practices and represents part of the executive's long-term incentive package. The transaction was reported within the required two-business-day filing window for Form 4 disclosures.

Positive

  • None.

Negative

  • None.
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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
THISSEN KAREN WILSON

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
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 06/23/2025 A 8,868(1) A $0.0 28,619.1 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. Award of performance stock units that vest on June 28, 2025.
By: Christopher A. Rauschl For: Karen Wilson Thissen 06/25/2025
** 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

How many GIS shares did Karen Wilson Thissen acquire on June 23, 2025?

Karen Wilson Thissen, General Counsel & Secretary of General Mills, acquired 8,868 shares of Common Stock on June 23, 2025 through a performance stock unit award.

What is the total amount of GIS shares Karen Wilson Thissen owns after the June 2025 transaction?

Following the reported transaction, Karen Wilson Thissen beneficially owns 28,619.1 shares of General Mills (GIS) stock directly.

What was the purchase price for GIS shares in Karen Thissen's June 2025 transaction?

The shares were acquired at $0.00 per share as they were awarded as performance stock units, not purchased on the open market.

When do Karen Thissen's GIS performance stock units vest?

According to the filing footnotes, the performance stock units vest on June 28, 2025.

What position does Karen Wilson Thissen hold at General Mills (GIS)?

Karen Wilson Thissen serves as General Counsel & Secretary at General Mills, Inc., as indicated in the Form 4 filing.
General Mills

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25.16B
531.73M
0.3%
86.45%
6.15%
Packaged Foods
Grain Mill Products
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United States
MINNEAPOLIS