General Mills (NYSE: GIS) CFO reports 971-share tax withholding
Rhea-AI Filing Summary
General Mills Chief Financial Officer Bruce Kofi A reported the withholding of 971 shares of common stock on 2026-08-01 at $35.75 per share to satisfy tax obligations, leaving 256,345.1867 shares held directly in this account.
He also reports indirect ownership of 203.2 shares held in trust under the General Mills Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 971 shares
Net Sell
2 txns
Insider
Bruce Kofi A
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 971 | $35.75 | $35K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 256,345.1867 shares (Direct);
Common Stock — 203.2 shares (Indirect, by Trust)
Footnotes (1)
- F1. Held in Trust by the Trustee of the General Mills Savings Plan.
Key Figures
Shares withheld for tax liability: 971 shares
Withholding price per share: $35.7500 per share
Direct holdings after transaction: 256,345.1867 shares
+1 more
4 metrics
Shares withheld for tax liability
971 shares
Common stock withheld on 2026-08-01 for tax obligations
Withholding price per share
$35.7500 per share
Price used for the 971-share tax-liability disposition
Direct holdings after transaction
256,345.1867 shares
Common shares held directly by CFO after 2026-08-01 withholding
Indirect holdings in savings plan trust
203.2000 shares
Common shares held indirectly in the General Mills Savings Plan trust
Key Terms
Payment of exercise price or tax liability, Rule 10b5-1 trading plan, indirect ownership, General Mills Savings Plan
4 terms
Payment of exercise price or tax liability financial
"Transaction coded F as payment of exercise price or tax liability by delivering or withholding securities"
Rule 10b5-1 trading plan regulatory
"The Rule 10b5-1 trading plan checkbox is not marked for this insider transaction"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
indirect ownership financial
"Indirect ownership reported as 203.2 shares held by Trust under the General Mills Savings Plan"
General Mills Savings Plan financial
"Held in Trust by the Trustee of the General Mills Savings Plan as noted in the footnote"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did General Mills (GIS) CFO Bruce Kofi A report?
General Mills (GIS) CFO Bruce Kofi A reported a tax-related share withholding. On 2026-08-01, 971 shares of common stock were withheld at $35.75 per share to cover tax obligations associated with his equity compensation, rather than an open-market sale.
What are the CFO’s General Mills (GIS) direct holdings after this transaction?
After the reported tax-withholding event, CFO Bruce Kofi A holds 256,345.1867 General Mills (GIS) common shares directly. This figure reflects his position following the disposition of 971 shares used to satisfy tax obligations tied to his equity awards.
Was the General Mills (GIS) CFO’s transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked, indicating the transaction is not affirmatively identified as made under a pre-arranged trading plan. The reported disposition is classified specifically as a tax-liability payment via share withholding, rather than a scheduled trading-plan sale.