General Mills (GIS) CTO awarded 2,934 performance stock units, now holds 165,522 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Montemayor Jaime reported acquisition or exercise transactions in this Form 4 filing.
GENERAL MILLS INC reported a Form 4 for Chief Technology Officer Jaime Montemayor, showing an award of 2,934 shares of Common Stock at a price of $0.00 per share. A footnote explains this is an award of performance stock units that vest on June 30, 2026. After the award, Montemayor directly holds 165,522.029 shares. This is a compensation-related grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Montemayor Jaime
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,934 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 165,522.029 shares (Direct)
Footnotes (1)
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Key Figures
Equity award size: 2,934 shares
Award price per share: $0.00 per share
Shares held after transaction: 165,522.029 shares
+1 more
4 metrics
Equity award size
2,934 shares
Performance stock units granted to CTO
Award price per share
$0.00 per share
Compensation-related grant, not market purchase
Shares held after transaction
165,522.029 shares
Direct ownership after award
Vesting date
June 30, 2026
Performance stock units vesting
Key Terms
performance stock units, Form 4, Chief Technology Officer
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.
Form 4 regulatory
"GENERAL MILLS INC reported a Form 4 for Chief Technology Officer"
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.
Chief Technology Officer financial
"Chief Technology Officer Jaime Montemayor, showing an award of 2,934 shares"
The chief technology officer is the senior executive who sets a company's technology vision and oversees development, engineering, and technical operations—think of them as the lead architect and head mechanic who decides what tools the business builds and how they run. Their choices affect product direction, cost structure, cybersecurity and scalability, so investors watch the CTO to gauge a company’s ability to innovate, compete and manage technical risk.
FAQ
What insider transaction did GENERAL MILLS INC (GIS) report for Jaime Montemayor?
GENERAL MILLS INC reported that Chief Technology Officer Jaime Montemayor received an award of 2,934 shares of Common Stock. The award is in the form of performance stock units and represents compensation, not an open-market purchase or sale of shares.
What type of equity award did GENERAL MILLS INC (GIS) grant to its CTO?
GENERAL MILLS INC granted its Chief Technology Officer an award of performance stock units covering 2,934 shares of Common Stock. According to the filing footnote, these units vest on June 30, 2026, making this a time- and performance-based compensation grant rather than an immediate cash transaction.
When do Jaime Montemayor’s performance stock units from GENERAL MILLS INC vest?
The performance stock units awarded to Jaime Montemayor vest on June 30, 2026. This vesting date, noted in the Form 4 footnote, means the award is earned over time subject to the specified performance conditions, aligning executive compensation with longer-term company objectives.
Was the GENERAL MILLS INC (GIS) insider transaction a market buy or sell?
The reported transaction was not a market buy or sell. GENERAL MILLS INC’s Form 4 shows a grant coded as an acquisition (code A), representing a compensation-related award of 2,934 performance stock units with a stated price of $0.00 per share, rather than trading in the open market.