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General Mills (NYSE: GIS) executive uses 1,167 shares to cover tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GENERAL MILLS INC Segment President Ricardo Fernandez reported a tax-related share disposition. On June 28, 2026, 1,167 shares of Common Stock were delivered at $36.01 per share to satisfy tax obligations, characterized as a tax-withholding disposition rather than an open-market sale. Following this transaction, Fernandez directly holds 76,198.613 shares of General Mills common stock.

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Insider Fernandez Ricardo
Role Segment President
Type Security Shares Price Value
Tax Withholding Common Stock 1,167 $36.01 $42K
Holdings After Transaction: Common Stock — 76,198.613 shares (Direct, null)
Footnotes (1)
Shares for tax withholding 1,167 shares Common Stock delivered for tax obligations on June 28, 2026
Price per share $36.01 per share Value used for the 1,167-share tax-withholding disposition
Shares owned after transaction 76,198.613 shares Direct General Mills common stock holdings after the Form 4 event
Tax-withholding transactions 1 transaction, 1,167 shares Summary of tax-withholding activity in this Form 4
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 1,167 shares of Common Stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock" involved in the 1,167-share transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing the General Mills insider transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Fernandez Ricardo

(Last)(First)(Middle)
NUMBER ONE GENERAL MILLS BOULEVARD

(Street)
MINNEAPOLIS MINNESOTA 55426

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GENERAL MILLS INC [ GIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Segment President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/28/2026F1,167D$36.0176,198.613D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
By: Christopher A. Rauschl For: Ricardo Fernandez06/30/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did General Mills (GIS) executive Ricardo Fernandez report in this Form 4?

Ricardo Fernandez reported a tax-withholding disposition of 1,167 General Mills common shares. The shares were delivered at $36.01 each to cover tax obligations, and were not sold in the open market.

How many General Mills (GIS) shares were used for Ricardo Fernandez’s tax withholding?

Fernandez used 1,167 General Mills common shares for tax withholding. These shares were valued at $36.01 each and were delivered to satisfy tax liabilities tied to equity compensation.

What is Ricardo Fernandez’s General Mills (GIS) shareholding after this transaction?

After the tax-withholding disposition, Ricardo Fernandez directly holds 76,198.613 General Mills common shares. This figure represents his remaining direct ownership as reported in the Form 4 filing.

Was the General Mills (GIS) Form 4 transaction an open-market sale?

No, the Form 4 transaction was not an open-market sale. It is classified as a tax-withholding disposition, where shares are delivered to cover tax liabilities rather than sold on the open market.

What does a tax-withholding disposition mean for General Mills (GIS) insiders?

A tax-withholding disposition means shares are surrendered to cover taxes related to equity awards. For General Mills insiders like Fernandez, it is a routine administrative step, not a discretionary buy or sell decision.