General Mills Executive Gains $150K in Stock as Innovation Strategy Pays Off

Rhea-AI Filing Summary

General Mills Chief Innovation Officer Lanette Shaffer Werner reported a new acquisition of company securities in a Form 4 filing. On June 23, 2025, Werner was awarded 1,995 performance stock units (PSUs) at a price of $0.00 per unit.

Following this transaction, Werner's direct ownership position increased to 25,866.3357 shares of General Mills common stock. The PSUs are scheduled to vest on June 28, 2025.

This equity award appears to be part of the executive compensation program at General Mills. The transaction was reported through Christopher A. Rauschl on behalf of Werner on June 25, 2025, within the required SEC reporting timeline.

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

OMB APPROVAL

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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^*

Shaffer Werner Lanette

(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 Innovation Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

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	06/23/2025		A		1,995(1)	A	$0.0	25,866.3357	D

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

Explanation of Responses:

1. Award of performance stock units that vest on June 28, 2025.

	By: Christopher A. Rauschl For: Lanette M Shaffer Werner	06/25/2025
	** 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).
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FAQ

How many GIS shares did Chief Innovation Officer Lanette Shaffer Werner acquire on June 23, 2025?

According to the Form 4 filing, Lanette Shaffer Werner acquired 1,995 shares of GIS common stock on June 23, 2025 through a performance stock unit award at a price of $0.00 per share.

What is the total amount of GIS shares owned by Lanette Shaffer Werner after the June 2025 transaction?

Following the reported transaction, Lanette Shaffer Werner directly owned 25,866.3357 shares of General Mills (GIS) common stock.

When will the GIS performance stock units granted to Lanette Shaffer Werner vest?

According to the filing's explanatory notes, the performance stock units awarded to Lanette Shaffer Werner will vest on June 28, 2025.

What position does Lanette Shaffer Werner hold at General Mills (GIS)?

Lanette Shaffer Werner serves as the Chief Innovation Officer at General Mills Inc., as indicated in the Form 4 filing under the Relationship of Reporting Person(s) to Issuer section.

Is Lanette Shaffer Werner's GIS stock ownership direct or indirect?

According to the Form 4 filing, Lanette Shaffer Werner's ownership of 25,866.3357 shares is listed as Direct (D) ownership.