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GIS Form 4: Officer/director Asheesh Saksena reports sale of 386 shares

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

General Mills (GIS) Form 4: Asheesh Saksena, listed as Chief S&G Officer and a director, reported a sale of 386 shares of Common Stock on 09/09/2025 at a price of $50.35 per share. After this transaction, Saksena beneficially owns 13,474 shares directly and 30 shares indirectly through a trust. The filing was signed on behalf of the reporting person on 09/23/2025 and discloses the transaction code as F (disposition).

Positive

  • Timely and complete disclosure of the insider transaction including date, price, and resulting ownership
  • Clear separation of direct and indirect beneficial ownership (13,474 direct; 30 indirect via trust)

Negative

  • Insider disposition of 386 shares reduces direct holdings (may prompt investor attention despite modest size)

Insights

TL;DR: Insider sale of 386 shares at $50.35 appears routine and is promptly disclosed; ownership remains material.

The filing shows a small-scale disposition by an officer/director that reduced direct holdings to 13,474 shares while 30 shares remain held indirectly via trust. The reported sale uses transaction code F and a specific per-share price is provided, which supports transparency. Given the modest size of the sale relative to typical director holdings, this appears to be a routine liquidity event rather than a material shift in insider alignment.

TL;DR: Disclosure is complete for the reported transaction; timing and signature meet filing conventions.

The Form 4 includes the reporting persons role, transaction date, price, resulting beneficial ownership, and a signature block executed by an authorized representative. The separate listing of direct and indirect ownership (trust) clarifies beneficial ownership structure. No amendments or additional derivative transactions are reported.

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*
Saksena Asheesh

(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)
Chief S&G Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025
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 09/09/2025 F 386 D $50.35 13,474 D
Common Stock 30 I by Trust
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: Asheesh Saksena 09/23/2025
** 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 transaction did Asheesh Saksena report on the Form 4 for GIS?

The report shows a sale of 386 shares of General Mills common stock on 09/09/2025 at $50.35 per share.

How many shares does Asheesh Saksena beneficially own after the transaction?

After the reported sale, Saksena beneficially owns 13,474 shares directly and 30 shares indirectly through a trust.

What role does the reporting person hold at General Mills (GIS)?

The Form 4 lists Asheesh Saksena as a Director and Chief S&G Officer of General Mills.

When was the Form 4 signed and filed?

The signature block shows the filing was executed on behalf of Asheesh Saksena on 09/23/2025.

Was any derivative or option transaction reported on this Form 4?

No. Table II for derivative securities contains no reported transactions in this filing.
General Mills

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25.16B
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6.15%
Packaged Foods
Grain Mill Products
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United States
MINNEAPOLIS