General Mills (NYSE: GIS) awards 880 performance stock units to executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fernandez Ricardo reported acquisition or exercise transactions in this Form 4 filing.
General Mills Segment President Ricardo Fernandez received an equity award of 880 shares of Common Stock as a grant on June 29, 2026. The award is described as performance stock units that vest on June 30, 2026, and was granted at no cash cost to him.
Following this grant, Fernandez directly holds 77,078.613 shares of General Mills common stock. This is a routine compensation-related equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fernandez Ricardo
Role
Segment President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 880 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 77,078.613 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 880 shares
Transaction price: $0.00 per share
Post-transaction holdings: 77,078.613 shares
+1 more
4 metrics
Equity award size
880 shares
Performance stock unit grant on June 29, 2026
Transaction price
$0.00 per share
Grant price for awarded performance stock units
Post-transaction holdings
77,078.613 shares
Direct General Mills common stock held after award
Vesting date
June 30, 2026
Performance stock units vesting schedule
Key Terms
performance stock units, Common Stock, Grant, award, or other acquisition
3 terms
performance stock units financial
"Award of performance stock units that vest on June 30, 2026"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Common Stock financial
"security_title: "Common Stock" for the reported 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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did General Mills executive Ricardo Fernandez receive in this Form 4 filing for GIS?
Ricardo Fernandez received an equity grant of 880 General Mills common shares. The filing describes these as performance stock units that will vest on June 30, 2026, providing him additional stock-based compensation if the vesting conditions are satisfied.
Is Ricardo Fernandez buying or selling General Mills (GIS) stock in this Form 4?
Ricardo Fernandez is not buying or selling in the market; he received a grant. The 880 shares were awarded as performance stock units at no purchase price, reflecting routine executive compensation rather than an open-market transaction in General Mills stock.
When do Ricardo Fernandez’s General Mills performance stock units vest?
The performance stock units awarded to Ricardo Fernandez vest on June 30, 2026. Vesting means the units convert into common shares he can own outright, assuming applicable performance or service conditions set by General Mills are satisfied by that date.