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General Mills Executive Compensation Tied to Performance with New Stock Grant

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

Rhea-AI Filing Summary

General Mills Chief Accounting Officer Mark A. Pallot reported significant insider trading activity on June 23, 2025. The transaction involved the acquisition of 1,901 performance stock units at $0.00 per share, which are scheduled to vest on June 28, 2025.

Following this transaction, Pallot's direct ownership position stands at 16,927.551 shares of Common Stock. Additionally, he holds an indirect beneficial ownership of 139.85 shares through the General Mills Savings Plan Trust.

  • Transaction Type: Acquisition of performance stock units
  • Direct Ownership: 16,927.551 shares
  • Indirect Ownership: 139.85 shares via Trust
  • Form filed by: Single reporting person
  • Transaction Date: June 23, 2025

This Form 4 filing was submitted by Christopher A. Rauschl on behalf of Mark Andrew Pallot on June 25, 2025, complying with Section 16(a) of the Securities Exchange Act of 1934.

Positive

  • None.

Negative

  • None.
Insider Pallot Mark A
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Common Stock 1,901 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 16,927.551 shares (Direct); Common Stock — 139.85 shares (Indirect, by Trust)
Footnotes (1)
  1. Award of performance stock units that vest on June 28, 2025. Held in Trust by the Trustee of the General Mills Savings Plan.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
Pallot Mark A
(Last) (First) (Middle)
NUMBER ONE GENERAL MILLS BOULEVARD
(Street)
MINNEAPOLIS MN 55426
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GENERAL MILLS INC [ GIS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 06/23/2025 A 1,901(1) A $0.0 16,927.551 D
Common Stock 139.85 I by Trust(2)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Award of performance stock units that vest on June 28, 2025.
2. Held in Trust by the Trustee of the General Mills Savings Plan.
By: Christopher A. Rauschl For: Mark Andrew Pallot 06/25/2025
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

How many GIS shares did Mark Pallot acquire on June 23, 2025?

Mark Pallot, General Mills' Chief Accounting Officer, acquired 1,901 shares of Common Stock on June 23, 2025 through performance stock units that vest on June 28, 2025. The shares were acquired at a price of $0.00.

What is Mark Pallot's total GIS stock ownership after the June 2025 transaction?

Following the transaction, Mark Pallot owns 16,927.551 shares directly and 139.85 shares indirectly through the General Mills Savings Plan Trust, for a total beneficial ownership of 17,067.401 shares.

What position does Mark Pallot hold at General Mills (GIS)?

Mark Pallot serves as the Chief Accounting Officer at General Mills (GIS), as disclosed in the Form 4 filing.

What type of equity award did GIS's Mark Pallot receive in June 2025?

Mark Pallot received an award of performance stock units (PSUs) that vest on June 28, 2025. The award was for 1,901 shares of GIS common stock.