General Mills (NYSE: GIS) executive has 598 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
General Mills Segment President Elizabeth Mascolo reported a routine tax-related share withholding. On June 28, 2026, 598 shares of General Mills common stock were disposed of at $36.01 per share to cover tax obligations, a non‑market transaction coded as a tax-withholding disposition.
Following this event, Mascolo directly owned 35,027.287 shares of common stock. She also indirectly held 2,147.16 shares through a trust associated with the General Mills Savings Plan, reflecting additional indirect ownership beyond her direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mascolo Elizabeth
Role
Segment President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 598 | $36.01 | $22K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 35,027.287 shares (Direct, null);
Common Stock — 2,147.16 shares (Indirect, by Trust)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 598 shares
Tax-withholding price: $36.01 per share
Direct holdings after transaction: 35,027.287 shares
+2 more
5 metrics
Tax-withholding shares
598 shares
Common stock disposed to cover tax liability on June 28, 2026
Tax-withholding price
$36.01 per share
Value used for tax-withholding disposition of 598 shares
Direct holdings after transaction
35,027.287 shares
Common stock directly owned by Elizabeth Mascolo following the Form 4 event
Indirect holdings via savings plan trust
2,147.16 shares
Held in trust by the trustee of the General Mills Savings Plan
Tax-withholding share count (summary)
598 shares
Form 4 transactionSummary taxWithholdingShares
Key Terms
tax-withholding disposition, General Mills Savings Plan, Common Stock, indirect ownership
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the F-coded transaction"
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.
General Mills Savings Plan financial
"Held in Trust by the Trustee of the General Mills Savings Plan."
Common Stock financial
"security_title: "Common Stock" for the reported transactions"
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 ownership financial
"ownership_type: "indirect" and nature_of_ownership: "by Trust""
FAQ
What insider transaction did Elizabeth Mascolo report at General Mills (GIS)?
Elizabeth Mascolo reported a tax-withholding disposition of 598 General Mills common shares. The shares were withheld to satisfy tax obligations, not sold in the open market, and were reported under transaction code F in her Form 4 filing.
Was Elizabeth Mascolo’s General Mills (GIS) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Transaction code F indicates shares were delivered to cover tax obligations, making this a routine administrative event rather than a discretionary sale for portfolio reasons.
What indirect General Mills (GIS) holdings does Elizabeth Mascolo report?
Mascolo reports indirect ownership of 2,147.16 General Mills common shares. These shares are held in trust by the trustee of the General Mills Savings Plan, reflecting retirement or savings-plan related exposure in addition to her directly held shares.