[Form 4] General Mills, Inc. Insider Trading Activity

Rhea-AI Filing Summary

General Mills (GIS) – Form 4 insider filing

Segment President Pankaj Sharma reported two transactions dated 28 and 29 June 2025. Both were coded “F,” meaning the company withheld shares to cover taxes on vested equity, not open-market sales. In total, 2,912 common shares were surrendered at $50.52 per share. After the withholding, Sharma directly owns about 33,961 GIS shares. No derivative securities were involved and there are no indications of strategic changes or unusual trading activity. Given the small size relative to General Mills’ share count, the event appears routine and immaterial to the company’s valuation.

Insights

Corporate Governance Expert

TL;DR – Routine tax-withholding; immaterial to GIS fundamentals.

The “F” code signals shares withheld to satisfy tax obligations on equity vesting, a standard administrative action. Only 2,912 shares—insignificant versus the roughly 600 million outstanding—were affected, and the officer retains nearly 34 k shares. No open-market selling pressure or directional signal is implied. Consequently, the filing is viewed as neutral for investors and should not influence valuation models or sentiment.

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^*

Sharma Pankaj MN

(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)
	Segment President

3. Date of Earliest Transaction (Month/Day/Year)
06/28/2025

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	06/28/2025		F		1,606	D	$50.52	35,267.234	D
Common Stock	06/29/2025		F		1,306	D	$50.52	33,961.234	D

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:

	By: Christopher A. Rauschl For: Pankaj Sharma	07/01/2025
	** 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

What type of insider transaction did General Mills (GIS) report?

Code F transactions, indicating shares were withheld by the company to pay taxes on vested equity awards.

How many GIS shares did Segment President Pankaj Sharma dispose of?

A total of 2,912 common shares were surrendered across two dates.

What price was applied to the withheld shares?

The reported price for both transactions was $50.52 per share.

How many GIS shares does Pankaj Sharma own after the transaction?

He now directly holds approximately 33,961 shares.

Are these transactions likely to impact General Mills’ stock price?

No; the share count is immaterial and represents routine tax withholding, not open-market selling.