[Form 4] GENERAL MILLS INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL MILLS INC Chief Operating Officer Dana M. McNabb reported a routine share adjustment tied to taxes rather than an open-market trade. On the reported date, 625 shares of common stock were disposed of as a tax-withholding disposition at $34.80 per share to satisfy exercise price or tax liabilities. After this entry, McNabb held 65,195.454 common shares directly, plus an additional 1,110.2307 common shares held indirectly through a corporation. The filing reflects compensation-related share withholding, not a discretionary market sale or purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McNabb Dana M
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 625 | $34.80 | $22K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 65,195.454 shares (Direct, null);
Common Stock — 1,110.231 shares (Indirect, by Corporation)
Footnotes (1)
Key Figures
Tax-withholding shares: 625 shares
Tax-withholding price: $34.80 per share
Direct holdings after transaction: 65,195.454 shares
+1 more
4 metrics
Tax-withholding shares
625 shares
Common Stock disposed to cover exercise price or tax liabilities
Tax-withholding price
$34.80 per share
Value used for 625-share tax-withholding disposition
Direct holdings after transaction
65,195.454 shares
Common Stock directly owned following the tax-withholding entry
Indirect holdings
1,110.2307 shares
Common Stock held indirectly by corporation associated with insider
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Stock, Form 4
4 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
Common Stock financial
"security_title": "Common Stock""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did General Mills (GIS) COO Dana McNabb report in this Form 4?
Dana McNabb reported a tax-related share disposition, not an open-market trade. 625 General Mills common shares were withheld at $34.80 per share to cover exercise price or tax liabilities, leaving substantial direct and indirect ownership positions in the company’s stock.
Was this General Mills (GIS) Form 4 an open-market sale by the COO?
No, the transaction is classified as a tax-withholding disposition, not an open-market sale. Shares were delivered to cover exercise price or tax liabilities linked to equity compensation, a routine administrative event that does not represent a discretionary decision to sell shares in the market.
What does a tax-withholding disposition mean for General Mills (GIS) insiders?
A tax-withholding disposition means shares are surrendered to pay taxes or exercise costs tied to stock-based awards. For General Mills insiders like Dana McNabb, this mechanism settles obligations automatically, so it does not signal a traditional buy or sell decision in the open market.