General Mills (GIS) Segment President receives stock and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL MILLS INC Segment President Pankaj Sharma received new equity awards. On July 6, 2026, he acquired 6,576 shares of Common Stock as a grant at no cash cost and 32,877 Non-Qualified Stock Options to buy Common Stock at an exercise price of $36.12 per share.
Following the stock grant, he directly holds 47,045.058 Common shares. The option grant covers 32,877 underlying Common shares and expires on August 6, 2036. According to the footnote, this option vests in four equal annual installments beginning on July 6, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sharma Pankaj MN
Role
Segment President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 32,877 | $0.00 | -- |
| Grant/Award | Common Stock | 6,576 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 32,877 shares (Direct);
Common Stock — 47,045.058 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Common Stock grant: 6,576 shares
Options granted: 32,877 options
Option exercise price: $36.12 per share
+3 more
6 metrics
Common Stock grant
6,576 shares
Grant of Common Stock on July 6, 2026
Options granted
32,877 options
Non-Qualified Stock Options granted on July 6, 2026
Option exercise price
$36.12 per share
Conversion or exercise price for Non-Qualified Stock Options
Shares held after grant
47,045.058 shares
Total Common Stock directly held after July 6, 2026 grant
Option expiration date
August 6, 2036
Expiration of Non-Qualified Stock Options
Option vesting schedule
4 equal annual installments
Vesting begins July 6, 2027 per footnote
Key Terms
Non-Qualified Stock Option, exercise price, vesting, grant, award, or other acquisition
4 terms
Non-Qualified Stock Option financial
"Non-Qualified Stock Option (right to buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
exercise price financial
"conversion_or_exercise_price: "36.1200""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"Option vests in four equal annual installments beginning on July 6, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transactions did GENERAL MILLS INC (GIS) report for Pankaj Sharma?
GENERAL MILLS INC reported that Segment President Pankaj Sharma received equity grants on July 6, 2026. He acquired 6,576 shares of Common Stock and 32,877 Non-Qualified Stock Options, both characterized as grants or awards rather than open-market purchases or sales.
What are the terms of Pankaj Sharma’s new Non-Qualified Stock Options in GIS?
Pankaj Sharma received 32,877 Non-Qualified Stock Options on July 6, 2026, each giving the right to buy one share of GENERAL MILLS INC Common Stock at $36.12 per share. The options expire on August 6, 2036, providing a long-term potential exercise window.
How do Pankaj Sharma’s GENERAL MILLS INC option grants vest over time?
The newly granted options vest in four equal annual installments beginning July 6, 2027. This means one-quarter of the 32,877 options becomes exercisable each year over four years, aligning the Segment President’s incentives with longer-term company performance.
Were Pankaj Sharma’s GENERAL MILLS INC transactions open-market buys or routine grants?
The Form 4 classifies both transactions as grant, award, or other acquisition events under code A. The Common Stock and Non-Qualified Stock Options were granted at a reported price of $0.00 per share, indicating compensation-related awards rather than open-market purchases.