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General Mills (GIS) Chief Innovation Officer awarded 1,174 performance stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Shaffer Werner Lanette reported acquisition or exercise transactions in this Form 4 filing.

GENERAL MILLS INC Chief Innovation Officer Lanette Shaffer received an award of 1,174 shares of Common Stock as performance stock units. These units vest on June 30, 2026. Following this grant, Shaffer holds a total of 31,921.9867 shares of Common Stock directly.

Positive

  • None.

Negative

  • None.
Insider Shaffer Werner Lanette
Role Chief Innovation Officer
Type Security Shares Price Value
Grant/Award Common Stock 1,174 $0.00 --
Holdings After Transaction: Common Stock — 31,921.987 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Performance stock unit award 1,174 shares Award of performance stock units that vest on June 30, 2026
Shares owned after award 31,921.9867 shares Total Common Stock directly held following the transaction
Transaction price per share $0.0000 per share Reported price for the grant/award acquisition
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
Chief Innovation Officer financial
"officer_title: Chief Innovation Officer"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Shaffer Werner Lanette
(Last)(First)(Middle)
NUMBER ONE GENERAL MILLS BOULEVARD
(Street)
MINNEAPOLIS MINNESOTA 55426
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
GENERAL MILLS INC [ GIS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Innovation Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/29/2026A1,174(1)A$0.031,921.9867D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Award of performance stock units that vest on June 30, 2026
By: Christopher A. Rauschl For: Lanette M Shaffer Werner07/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did GENERAL MILLS INC (GIS) disclose about Lanette Shaffer’s recent equity award?

GENERAL MILLS INC reported that Chief Innovation Officer Lanette Shaffer received an award of 1,174 shares of Common Stock as performance stock units, which are a form of equity-based compensation that can vest over time when specific performance conditions are met.

How many GENERAL MILLS INC (GIS) shares did Lanette Shaffer receive in this grant?

Lanette Shaffer received 1,174 shares of GENERAL MILLS INC Common Stock through a performance stock unit award. This equity grant increases her direct holdings and reflects compensation tied to company or individual performance milestones rather than an open-market purchase or sale.

When do Lanette Shaffer’s performance stock units in GENERAL MILLS INC (GIS) vest?

The performance stock units awarded to Lanette Shaffer vest on June 30, 2026. Vesting means the units convert into shares she fully owns on that date, assuming applicable performance and service conditions described for the award are satisfied by the vesting deadline.

What is Lanette Shaffer’s total GENERAL MILLS INC (GIS) share ownership after this transaction?

After the award of performance stock units, Lanette Shaffer holds 31,921.9867 shares of GENERAL MILLS INC Common Stock directly. This figure represents her total reported direct ownership following the grant, combining her existing holdings with the newly awarded performance-based shares.

Is Lanette Shaffer’s recent GENERAL MILLS INC (GIS) transaction a purchase or sale of shares?

Lanette Shaffer’s transaction is classified as a grant or award acquisition, not a market purchase or sale. She acquired 1,174 shares of Common Stock through a performance stock unit award, with no price paid per share indicated in the reported transaction details.