General Mills Executive Nudi Gains Major Stake Through Performance Stock Units

Rhea-AI Filing Summary

General Mills Group President Jonathon Nudi reported significant equity transactions on June 23, 2025, involving performance stock unit awards. The insider received:

• 14,567 performance stock units directly owned, resulting in total direct ownership of 145,119 shares
• 1,853 performance stock units indirectly owned through spouse, bringing indirect spousal ownership to 17,960 shares
• Maintains 1,834 shares indirectly through a trust in the General Mills Savings Plan

The performance stock units were awarded at $0.00 cost and are scheduled to vest on June 28, 2025. This Form 4 filing demonstrates significant insider equity compensation and continued alignment with shareholder interests through various ownership structures including direct holdings, spousal ownership, and trust arrangements.

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^*

Nudi Jonathon

(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)
	Group President

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		14,567(1)	A	$0.0	145,119.139	D
Common Stock	06/23/2025		A		1,853(1)	A	$0.0	17,960.164	I	by Spouse
Common Stock								1,833.98	I	by 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)
				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.

2. Held in Trust for the benefit of the reporting person's spouse by the Trustee of the General Mills Savings Plan

	By: Christopher A. Rauschl For: Jonathon Nudi	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 performance stock units did Jonathon Nudi receive on June 23, 2025?

According to the Form 4 filing, Jonathon Nudi received 14,567 performance stock units for himself and 1,853 units for his spouse, totaling 16,420 units on June 23, 2025. These units are scheduled to vest on June 28, 2025.

What is Jonathon Nudi's position at General Mills (GIS)?

According to the Form 4 filing, Jonathon Nudi serves as Group President at General Mills (GIS).

How many shares of GIS stock does Jonathon Nudi own directly after the June 23, 2025 transaction?

Following the reported transaction, Jonathon Nudi directly owns 145,119.139 shares of General Mills (GIS) common stock.

What is the total indirect ownership of GIS stock by Jonathon Nudi and related parties?

Jonathon Nudi's indirect ownership includes 17,960.164 shares held by his spouse and 1,833.98 shares held in trust through the General Mills Savings Plan, totaling approximately 19,794.144 shares of indirect ownership.

What was the purchase price of the GIS performance stock units granted to Jonathon Nudi?

The performance stock units were awarded to Jonathon Nudi at a price of $0.00, indicating they were granted as part of his executive compensation package rather than purchased.