[Form 4] General Mills, Inc. Insider Trading Activity

Rhea-AI Filing Summary

On July 2, 2025, Hycroft Mining Holding Corporation (HYMC) filed a Form 4 disclosing that director Michael James Harrison received an equity award of 23,962 restricted stock units (RSUs) on June 30, 2025 (Transaction Code A, price $0). Half of the award (11,981 RSUs) vested immediately, while the balance will vest on June 30, 2026. Each RSU converts to one Class A common share upon vesting, although the director has elected to defer conversion until separation from the board. Following the grant, Harrison’s beneficial ownership increased to 76,982 Class A shares, of which 11,981 remain unvested. No derivative securities were reported, and there were no sales of shares.

Insights

Corporate Governance Expert

TL;DR: Routine RSU grant; minor dilution; neutral governance signal.

The filing reflects a standard annual equity grant to a non-executive director rather than an open-market purchase or sale. The 23,962 RSUs represent a small fraction of HYMC’s outstanding shares and do not materially affect float or insider ownership concentration. The award aligns the director’s incentives with long-term shareholder value through multi-year vesting and a post-service deferral election, both common governance best practices. Because there is no cash outflow, change in control, or earnings impact, the transaction is not financially material for investors and should be viewed as routine board compensation disclosure.

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

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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^*

Pallot Mark A

(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 Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

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	06/30/2025		A		1,448	A	$0.0	17,571.551	D
Common Stock								139.85	I	by Trust(1)

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
Non-Qualified Stock Option (right to buy)	$51.81	06/30/2025		A		7,238		(2)	07/30/2035	Common Stock	7,238	$0.0	7,238	D

Explanation of Responses:

1. Held in Trust by the Trustee of the General Mills Savings Plan.

2. Option vests in four equal annual installments beginning on June 30, 2026.

	By: Christopher A. Rauschl For: Mark Andrew Pallot	07/02/2025
	** 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.
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FAQ

How many HYMC shares did Director Michael James Harrison receive?

He was awarded 23,962 restricted stock units, convertible to the same number of Class A common shares.

When do the HYMC RSUs granted to Harrison vest?

11,981 RSUs vested on June 30, 2025; the remaining 11,981 vest on June 30, 2026.

What is Harrison’s total HYMC share ownership after the grant?

Following the transaction, Harrison beneficially owns 76,982 Class A shares, including unvested RSUs.

Did the director sell any HYMC shares in this Form 4?

No. The filing reports an acquisition (Code A) at $0; there were no sales or disposals disclosed.

Does the RSU grant immediately dilute existing HYMC shareholders?

Dilution is minimal; 23,962 shares are immaterial relative to HYMC’s total shares outstanding.

Why are the RSUs deferred until Harrison leaves the board?

Harrison elected to defer conversion of vested RSUs to shares until his separation from service, a tax-planning and alignment mechanism.