General Mills (NYSE: GIS) grants shares and options to general counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL MILLS INC reported that General Counsel & Secretary Karen Wilson Thissen received equity compensation awards. She was granted 11,767 shares of Common Stock, increasing her direct holdings to 95,494.065 shares.
She was also granted a Non-Qualified Stock Option for 58,832 shares of Common Stock at an exercise price of $36.12 per share. The option vests in four equal annual installments beginning on July 6, 2027 and expires on August 6, 2036. These are compensation-related grants rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
THISSEN KAREN WILSON
Role
General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 58,832 | $0.00 | -- |
| Grant/Award | Common Stock | 11,767 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 58,832 shares (Direct, null);
Common Stock — 95,494.065 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock grant: 11,767 shares
Options granted: 58,832 options
Option exercise price: $36.12 per share
+2 more
5 metrics
Stock grant
11,767 shares
Common Stock award to General Counsel on July 6, 2026
Options granted
58,832 options
Non-qualified stock option linked to Common Stock
Option exercise price
$36.12 per share
Exercise price for 58,832 non-qualified stock options
Shares after grant
95,494.065 shares
Direct Common Stock holdings after the transaction
Option expiration
August 6, 2036
Expiration date of 58,832 non-qualified stock options
Key Terms
Non-Qualified Stock Option, exercise price, vests in four equal annual installments, expiration date
4 terms
Non-Qualified Stock Option financial
"She was also granted a Non-Qualified Stock Option for 58,832 shares of Common Stock"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
exercise price financial
"at an exercise price of $36.12 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vests in four equal annual installments financial
"The option vests in four equal annual installments beginning on July 6, 2027"
expiration date financial
"and expires on August 6, 2036"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
