General Mills (GIS) General Counsel receives 2,494 performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
THISSEN KAREN WILSON reported acquisition or exercise transactions in this Form 4 filing.
GENERAL MILLS INC General Counsel & Secretary Karen Wilson Thissen received an equity grant of 2,494 shares of Common Stock as a compensation award. The footnote describes these as performance stock units that vest on June 30, 2026. After this award, she directly holds 84,692.065 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
THISSEN KAREN WILSON
Role
General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,494 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 84,692.065 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,494 shares
Holdings after grant: 84,692.065 shares
Vesting date: June 30, 2026
3 metrics
Shares granted
2,494 shares
Equity award to General Counsel & Secretary
Holdings after grant
84,692.065 shares
Direct ownership following transaction
Vesting date
June 30, 2026
Performance stock units vesting
Key Terms
performance stock units, Common Stock, Grant, award, or other acquisition
3 terms
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.
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did GENERAL MILLS INC (GIS) report for Karen Wilson Thissen?
GENERAL MILLS INC reported that General Counsel & Secretary Karen Wilson Thissen received an equity grant of 2,494 shares of Common Stock. This was recorded as a compensation-related award, not an open-market purchase or sale, under a Form 4 insider transaction filing.
When do the granted performance stock units for GENERAL MILLS INC (GIS) vest?
The footnote states the performance stock units vest on June 30, 2026. Vesting means the executive’s right to receive the underlying shares becomes non-forfeitable on that date, subject to applicable performance and service conditions attached to the award.
What does the Form 4 code “A” mean in the GENERAL MILLS INC (GIS) filing?
The transaction code “A” on the Form 4 indicates a grant, award, or other acquisition. In this case, it reflects performance stock units granted as compensation, rather than an open-market purchase, sale, gift, or tax-related disposition of GENERAL MILLS INC shares.