General Mills Chief Executive Granted Major Stock Award as Growth Strategy Pays Off
Filing Impact
Filing Sentiment
Form Type
4
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
3 transactions reported
Mixed
3 txns
Insider
HARMENING JEFFREY L
Role
Chairman of the Board & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 55,420 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 411,227.019 shares (Direct);
Common Stock — 312,620 shares (Indirect, by Trust)
Footnotes (1)
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FAQ
What is Jeffrey Harmening's total direct ownership of GIS stock after the June 2025 transaction?
Following the reported transaction, Jeffrey Harmening directly owns 411,227.0191 shares of General Mills (GIS) common stock.
What positions does Jeffrey Harmening hold at General Mills (GIS) as of June 2025?
According to the Form 4 filing, Jeffrey Harmening serves as both Director and Chairman of the Board & CEO of General Mills (GIS).
When do Jeffrey Harmening's newly acquired GIS performance stock units vest?
The 55,420 performance stock units awarded to Jeffrey Harmening vest on June 28, 2025, as indicated in the footnotes of the Form 4 filing.