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General Mills (GIS) CEO Jeffrey Harmening receives 14,668-share performance award

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

Rhea-AI Filing Summary

HARMENING JEFFREY L reported acquisition or exercise transactions in this Form 4 filing.

GENERAL MILLS INC Chairman and CEO Jeffrey L. Harmening reported an equity award on Common Stock. He received 14,668 shares as a grant or award at a stated price of $0.0000 per share, which is compensation rather than an open‑market purchase.

After this award, his directly owned Common Stock holdings increased to 399,290.3201 shares7,550 shares held "by Trust 2" and 361,141 shares held "by Trust." A footnote explains this is an award of performance stock units that vest on June 30, 2026.

Positive

  • None.

Negative

  • None.

Insights

CEO receives equity grant as routine performance-based compensation.

The filing shows Jeffrey L. Harmening receiving an award of 14,668 performance stock units tied to GENERAL MILLS INC Common Stock, at a grant price of $0.0000 per share. This is categorized as a grant or award acquisition, not an open-market purchase.

The award vests on June 30, 2026, indicating a multi-year incentive horizon. Following the grant, direct holdings rise to 399,290.3201 shares, with additional indirect holdings through trusts. This pattern is typical of senior executive compensation and does not, by itself, signal a change in the company’s fundamentals.

Insider HARMENING JEFFREY L
Role Chairman of the Board & CEO
Type Security Shares Price Value
Grant/Award Common Stock 14,668 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 399,290.32 shares (Direct); Common Stock — 361,141 shares (Indirect, by Trust)
Footnotes (1)
  1. [object Object]
Equity award size 14,668 shares Grant, award, or other acquisition of Common Stock
Grant price $0.0000 per share Stated price for the performance stock unit award
Direct holdings after award 399,290.3201 shares Total Common Stock directly owned following the transaction
Indirect holdings Trust 2 7,550 shares Common Stock held indirectly by Trust 2
Indirect holdings Trust 361,141 shares Common Stock held indirectly by Trust
Vesting date June 30, 2026 Performance stock units vesting date per footnote
performance stock units financial
"Award of performance stock units that vest on June 30, 2026"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
total shares following transaction financial
""total_shares_following_transaction": "399290.3201""
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FAQ

What did GENERAL MILLS INC CEO Jeffrey Harmening report in this Form 4 for GIS?

Jeffrey Harmening reported an equity award of 14,668 performance stock units tied to GENERAL MILLS INC Common Stock. The grant is compensation at $0.0000 per share and increases his direct holdings to 399,290.3201 shares, plus additional indirect shares held through trusts.

Was the GENERAL MILLS INC (GIS) CEO buying or selling shares in this filing?

The CEO was not buying or selling in the open market; he received a grant. The Form 4 shows an acquisition of 14,668 performance stock units as a compensation award, rather than a purchase or sale, with no reported open-market transactions in this filing.

How many GENERAL MILLS INC (GIS) shares does the CEO hold after this award?

After the award, Jeffrey Harmening directly holds 399,290.3201 shares of GENERAL MILLS INC Common Stock. He also has indirect ownership of 7,550 shares held by Trust 2 and 361,141 shares held by another trust, as reported in the filing’s holdings entries.

When do Jeffrey Harmening’s new performance stock units in GENERAL MILLS INC vest?

The footnote states the 14,668 performance stock units awarded to Jeffrey Harmening vest on June 30, 2026. Vesting means he must remain eligible through that date to fully realize the award, aligning his compensation with longer-term company performance and retention.

What does transaction code A mean in the GENERAL MILLS INC (GIS) Form 4?

Transaction code A in this Form 4 represents a grant, award, or other acquisition of securities. Here, it refers to 14,668 performance stock units awarded to Jeffrey Harmening as compensation, at a stated price of $0.0000 per share rather than a market purchase price.
SEC Form 4
FORM 4UNITED 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*
HARMENING JEFFREY L

(Last)(First)(Middle)
NUMBER ONE GENERAL MILLS BOULEVARD

(Street)
MINNEAPOLIS MINNESOTA 55426

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GENERAL MILLS INC [ GIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman of the Board & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/29/2026A14,668(1)A$0.0399,290.3201D
Common Stock361,141Iby Trust
Common Stock7,550Iby Trust 2
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Award of performance stock units that vest on June 30, 2026
By: Christopher A. Rauschl For: Jeffrey L Harmening07/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)