General Mills (NYSE: GIS) CFO receives stock grant and 121K options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL MILLS INC Chief Financial Officer Kofi A. Bruce reported compensation-related equity awards and updated holdings. He received 24,225 shares of common stock at a price of $0.00 per share, increasing his direct common stock holdings to 257,316.1867 shares after the transaction.
He was also granted a non-qualified stock option covering 121,125 shares of common stock at an exercise price of $36.12 per share, with 121,125 options shown as held after the grant. The option vests in four equal annual installments beginning on July 6, 2027 and is scheduled to expire on August 6, 2036.
In addition, an indirect holding entry shows 203.2 shares of common stock held in trust by the trustee of the General Mills Savings Plan, reflecting ownership through that plan rather than a new market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bruce Kofi A
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 121,125 | $0.00 | -- |
| Grant/Award | Common Stock | 24,225 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 121,125 shares (Direct, null);
Common Stock — 257,316.187 shares (Direct, null);
Common Stock — 203.2 shares (Indirect, by Trust)
Footnotes (1)
- Held in Trust by the Trustee of the General Mills Savings Plan. Option vests in four equal annual installments beginning on July 6, 2027.
Key Figures
Common stock grant: 24,225 shares at $0.00 per share
Options granted: 121,125 options at $36.12/share
Common shares held directly: 257,316.1867 shares
+4 more
7 metrics
Common stock grant
24,225 shares at $0.00 per share
Non-derivative equity award to CFO on July 6, 2026
Options granted
121,125 options at $36.12/share
Non-qualified stock option grant to CFO on July 6, 2026
Common shares held directly
257,316.1867 shares
Direct common stock holdings after grant
Options held after grant
121,125 options
Non-qualified stock options outstanding after transaction
Indirect plan holdings
203.2 shares
Common stock held in trust by General Mills Savings Plan
Option vesting start
July 6, 2027
Vests in four equal annual installments from this date
Option expiration
August 6, 2036
Scheduled expiration date of non-qualified stock option
Key Terms
Non-Qualified Stock Option (right to buy), grant/award acquisition, General Mills Savings Plan, Chief Financial Officer, +1 more
5 terms
Non-Qualified Stock Option (right to buy) financial
"security_title: Non-Qualified Stock Option (right to buy)"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
General Mills Savings Plan financial
"Held in Trust by the Trustee of the General Mills Savings Plan."
Chief Financial Officer financial
"officer_title: Chief Financial Officer"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What equity awards did GENERAL MILLS INC (GIS) grant to its CFO in this Form 4?
GENERAL MILLS INC granted CFO Kofi A. Bruce 24,225 shares of common stock and 121,125 non-qualified stock options. The common shares carry a price of $0.00 per share, indicating a compensation grant rather than an open-market purchase or sale.
What is the exercise price and size of the new stock options for GENERAL MILLS (GIS) CFO?
The CFO received 121,125 non-qualified stock options with an exercise price of $36.12 per share. These options relate to common stock and represent a sizeable equity incentive position linked to the company’s future share performance and the vesting schedule.
When do the newly granted GENERAL MILLS (GIS) stock options to the CFO vest and expire?
The option grant to the CFO vests in four equal annual installments beginning on July 6, 2027. The options are scheduled to expire on August 6, 2036, providing a long-dated equity incentive tied to continued service and company performance over that period.
What indirect GENERAL MILLS (GIS) holdings are shown for the CFO in the savings plan trust?
The filing shows 203.2 shares of GENERAL MILLS common stock held indirectly for the CFO in trust by the trustee of the General Mills Savings Plan. This entry reflects plan-based ownership rather than a new purchase, sale, or option-related transaction.