General Mills Segment President Gets $275K Stock Package Ahead of Fiscal Year End

Rhea-AI Filing Summary

General Mills Segment President Ricardo Fernandez received a new equity award on June 23, 2025, as reported in this Form 4 filing. The transaction details reveal:

• Acquisition of 3,800 performance stock units (PSUs) at $0.00 cost basis
• PSUs are scheduled to vest on June 28, 2025
• Following the transaction, Fernandez now beneficially owns 68,527.685 shares directly

This equity grant appears to be part of executive compensation arrangements, likely tied to performance metrics. The filing was submitted through attorney Christopher A. Rauschl on behalf of Fernandez on June 25, 2025, in compliance with SEC Section 16 reporting requirements for insider transactions.

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

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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 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)
	Segment President

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		3,800(1)	A	$0.0	68,527.685	D

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.

	By: Christopher A. Rauschl For: Ricardo Fernandez	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).
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FAQ

How many GIS shares did Ricardo Fernandez acquire on June 23, 2025?

According to the Form 4 filing, Ricardo Fernandez acquired 3,800 shares of General Mills (GIS) common stock on June 23, 2025 through a performance stock unit award.

What is Ricardo Fernandez's position at General Mills (GIS)?

According to the Form 4 filing, Ricardo Fernandez serves as a Segment President at General Mills (GIS), as indicated in Section 5 of the form where his relationship to the issuer is specified.

How many GIS shares does Ricardo Fernandez own after the June 23, 2025 transaction?

Following the reported transaction, Ricardo Fernandez beneficially owns 68,527.685 shares of General Mills (GIS) common stock directly, as shown in Table I of the Form 4.

What type of stock award did GIS executive Fernandez receive in June 2025?

Ricardo Fernandez received an award of performance stock units (PSUs) that vest on June 28, 2025, with the units being acquired at a price of $0.0, as detailed in the footnotes and Table I of the Form 4.