General Mills CFO reports tax-withholding share disposition
Chief Financial Officer Kofi A. Bruce reported routine share activity in General Mills common stock.
Rhea-AI Filing Summary
Chief Financial Officer Kofi A. Bruce reported routine share activity in General Mills common stock. A total of 3,881 shares were disposed of at $36.01 per share as a tax-withholding disposition related to equity compensation, not an open‑market sale.
After this transaction, Bruce directly holds 230,798.1867 shares of General Mills common stock. He also has an additional 203.2000 shares held indirectly in a trust through the General Mills Savings Plan, reflecting retirement-plan holdings rather than trading activity.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding, no open-market trading signal.
The filing shows CFO Kofi A. Bruce had 3,881 General Mills shares withheld at $36.01 per share to cover tax obligations on equity compensation. This is coded as a tax-withholding disposition, not a discretionary market sale.
Following the event, Bruce still directly owns 230,798.1867 common shares and holds an additional 203.2000 shares indirectly via the General Mills Savings Plan trust. With no option exercises or open‑market trades reported, this appears to be a routine administrative transaction with limited information value for assessing sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,881 | $36.01 | $140K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Held in Trust by the Trustee of the General Mills Savings Plan.
Key Figures
Key Terms
tax-withholding disposition financial
Common Stock financial
General Mills Savings Plan financial
FAQ
What insider transaction did General Mills (GIS) report for CFO Kofi A. Bruce?
What does the tax-withholding disposition code F mean in the General Mills (GIS) Form 4?
What is the significance of the General Mills Savings Plan in the CFO’s holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.