General Mills CEO Receives 55,420 Performance Stock Units Worth $3.8M
General Mills Chairman and CEO Jeffrey L. Harmening reported significant insider trading activity in a Form 4 filing.
Rhea-AI Filing Summary
General Mills Chairman and CEO Jeffrey L. Harmening reported significant insider trading activity in a Form 4 filing. The key transactions include:
- Acquisition of 55,420 performance stock units that vest on June 28, 2025, awarded at $0.00 per unit
- Following the transaction, Harmening's total beneficial ownership consists of: - 411,227 shares held directly - 312,620 shares held indirectly through Trust - 7,550 shares held indirectly through Trust 2
The filing indicates Harmening serves as both Director and Chairman of the Board & CEO. The transaction was executed on June 23, 2025, and the form was signed by Christopher A. Rauschl on behalf of Harmening on June 25, 2025. This equity award aligns with typical executive compensation practices and demonstrates continued insider investment in the company.
Positive
- CEO Jeffrey Harmening received 55,420 performance stock units (PSUs), demonstrating alignment with shareholder interests through performance-based compensation
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 55,420 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Award of performance stock units that vest on June 28, 2025.
FAQ
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What is Jeffrey Harmening's total direct ownership of GIS stock after the June 2025 transaction?
What positions does Jeffrey Harmening hold at General Mills (GIS) as of June 2025?
When do Jeffrey Harmening's newly acquired GIS performance stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.