[Form 4] GENERAL MILLS INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL MILLS INC Chief Technology Officer Jaime Montemayor reported new equity awards. He received 17,304 shares of Common Stock as a grant at no purchase price, bringing his direct holdings to 179,672.029 shares of Common Stock after the award.
He was also granted 86,518 Non-Qualified Stock Options to buy Common Stock at an exercise price of $36.12 per share, expiring on August 6, 2036. According to the footnote, this option vests in four equal annual installments beginning on July 6, 2027, meaning it becomes exercisable gradually over four years.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Montemayor Jaime
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 86,518 | $0.00 | -- |
| Grant/Award | Common Stock | 17,304 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 86,518 shares (Direct, null);
Common Stock — 179,672.029 shares (Direct, null)
Footnotes (1)
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Key Figures
Common Stock grant: 17,304 shares
Direct holdings after grant: 179,672.029 shares
Options granted: 86,518 options
+3 more
6 metrics
Common Stock grant
17,304 shares
Equity award to CTO on July 6, 2026
Direct holdings after grant
179,672.029 shares
Common Stock directly owned after transaction
Options granted
86,518 options
Non-Qualified Stock Options granted on July 6, 2026
Option exercise price
$36.12 per share
Strike price for Non-Qualified Stock Options
Option expiration
August 6, 2036
Expiration date of Non-Qualified Stock Options
Vesting schedule
Four equal annual installments
Option vests annually starting July 6, 2027
Key Terms
Non-Qualified Stock Option, exercise price, vests in four equal annual installments, expiration date
4 terms
Non-Qualified Stock Option financial
"Non-Qualified Stock Option (right to buy) with an exercise price of $36.12 per share"
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
"Non-Qualified Stock Options to buy Common Stock at an exercise price of $36.12 per share"
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.
vests in four equal annual installments financial
"Option vests in four equal annual installments beginning on July 6, 2027."
expiration date financial
"Non-Qualified Stock Options expire on August 6, 2036."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
