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General Mills (GIS) Chief S&G officer reports tax-withholding of company shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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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)
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
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"
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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*
Saksena Asheesh

(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 S&G officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
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 Stock06/30/2026F528D$34.812,946D
Common Stock30Iby 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
By: Christopher A. Rauschl For: Asheesh Saksena07/02/2026
** 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)

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.

How many GENERAL MILLS (GIS) shares does Asheesh Saksena hold after this Form 4?

Following the tax-withholding transaction, Asheesh Saksena directly holds 12,946 shares of GENERAL MILLS Common Stock. The filing also shows an additional 30 shares held indirectly by a trust, reflecting both personal and trust-based ownership.

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.

Was there an open-market sale of GENERAL MILLS (GIS) shares by Asheesh Saksena?

The Form 4 does not show any open-market purchases or sales by Asheesh Saksena. Instead, it reports a tax-withholding disposition of 528 shares coded “F,” meaning shares were used to satisfy tax liabilities rather than sold on the market.

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.