General Mills CEO granted 14,668 share award
HARMENING JEFFREY L reported acquisition or exercise transactions in this Form 4 filing.
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.
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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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,668 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Award of performance stock units that vest on June 30, 2026
Key Figures
Key Terms
performance stock units financial
Grant, award, or other acquisition financial
indirect ownership financial
Common Stock financial
FAQ
What did GENERAL MILLS INC CEO Jeffrey Harmening report in this Form 4 for GIS?
When do Jeffrey Harmening’s new performance stock units in GENERAL MILLS INC vest?
What does transaction code A mean in the GENERAL MILLS INC (GIS) Form 4?
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