General Mills (GIS) Chief S&G officer reports tax-withholding of company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL MILLS INC Chief S&G officer Asheesh Saksena reported routine share movements involving company common stock. A Form 4 shows a tax-withholding disposition of 528 shares of Common Stock at $34.80 per share coded "F," which reflects shares withheld to satisfy tax obligations rather than an open-market sale.
After this transaction, Saksena directly holds 12,946 shares of Common Stock. The filing also notes an indirect holding of 30 shares held by a trust, highlighting both direct and trust-based ownership positions following the tax-related share withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Saksena Asheesh
Role
Chief S&G officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 528 | $34.80 | $18K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,946 shares (Direct, null);
Common Stock — 30 shares (Indirect, by Trust)
Footnotes (1)
Key Figures
Tax-withholding shares: 528 shares
Tax-withholding price: $34.80 per share
Direct holdings after transaction: 12,946 shares
+1 more
4 metrics
Tax-withholding shares
528 shares
Shares withheld for tax obligations coded F
Tax-withholding price
$34.80 per share
Value used for 528-share tax-withholding disposition
Direct holdings after transaction
12,946 shares
Common Stock directly held by Asheesh Saksena after disposition
Indirect trust holdings
30 shares
Common Stock held indirectly by trust
Key Terms
tax-withholding disposition, Common Stock, indirect, by Trust
4 terms
tax-withholding disposition financial
"A Form 4 shows a tax-withholding disposition of 528 shares of Common Stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"A Form 4 shows a tax-withholding disposition of 528 shares of Common Stock at $34.80 per share"
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.
indirect financial
"The filing also notes an indirect holding of 30 shares held by a trust"
by Trust financial
"The filing also notes an indirect holding of 30 shares held by a trust"
FAQ
What insider transaction did GENERAL MILLS (GIS) report for Asheesh Saksena?
GENERAL MILLS (GIS) reported that Chief S&G officer Asheesh Saksena had 528 shares withheld as a tax-withholding disposition coded “F.” This reflects shares used to cover tax obligations, not an open-market sale of company common stock.
What does transaction code F mean in the GENERAL MILLS (GIS) Form 4?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to cover an exercise price or tax liability. For GENERAL MILLS, 528 shares were withheld at $34.80 per share for Asheesh Saksena’s tax obligations.
What indirect holdings of GENERAL MILLS (GIS) stock does Asheesh Saksena report?
The filing reports 30 shares of GENERAL MILLS Common Stock held indirectly by a trust. This is separate from Saksena’s 12,946 directly held shares and reflects trust-based ownership noted as “by Trust” in the ownership description.