General Mills (NYSE: GIS) Segment President awarded new stock and 32,877-share option

Rhea-AI Filing Summary

General Mills Segment President Elizabeth Mascolo reported routine equity compensation grants and updated holdings in company stock. She received 6,576 shares of Common Stock as a grant at no cost, bringing her directly held Common Stock to 41,428.287 shares.

She was also granted a non-qualified stock option for 32,877 shares of Common Stock at an exercise price of $36.12 per share, expiring in 2036. According to a footnote, this option vests in four equal annual installments beginning on July 6, 2027. Separately, an indirect holding entry reflects 2,147.160 shares of Common Stock held in trust by the trustee of the General Mills Savings Plan.

Insights

Equity compensation analyst

Routine stock and option grants increase Mascolo’s long-term equity stake.

The filing shows equity awards, not open‑market trading. Mascolo received 6,576 Common Stock shares and a 32,877-share non-qualified stock option at an exercise price of $36.12, with an expiration in 2036. These awards are typical executive compensation tools.

The option vests in four equal annual installments starting July 6, 2027, tying value realization to multi‑year service and performance. She now directly holds 41,428.287 shares, plus indirect holdings of 2,147.160 shares in a company savings plan trust, indicating a meaningful ongoing exposure to GENERAL MILLS INC equity from this filing’s perspective.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Mascolo Elizabeth

Role Segment President

Type	Security	Shares	Price	Value
Grant/Award	Non-Qualified Stock Option (right to buy)	32,877	$0.00	--
Grant/Award	Common Stock	6,576	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 32,877 shares (Direct); Common Stock — 41,428.287 shares (Direct); Common Stock — 2,147.16 shares (Indirect, by Trust)

Footnotes (1)

1. Held in Trust by the Trustee of the General Mills Savings Plan. Option vests in four equal annual installments beginning on July 6, 2027.

Key Figures

Common Stock grant: 6,576 shares Direct Common Stock holdings: 41,428.287 shares Indirect Savings Plan shares: 2,147.160 shares +3 more

6 metrics

Common Stock grant 6,576 shares Award of Common Stock at $0.00 per share

Direct Common Stock holdings 41,428.287 shares Total directly held after transactions

Indirect Savings Plan shares 2,147.160 shares Held in trust by General Mills Savings Plan trustee

Option grant size 32,877 shares Non-qualified stock option underlying Common Stock

Option exercise price $36.12 per share Conversion or exercise price for non-qualified stock option

Option expiration 2036-08-06 Expiration date of non-qualified stock option

Key Terms

Non-Qualified Stock Option, exercise price, vesting, General Mills Savings Plan, +1 more

5 terms

Non-Qualified Stock Option financial

"security_title: "Non-Qualified Stock Option (right to buy)""

A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.

exercise price financial

"conversion_or_exercise_price: "36.1200" per share as exercise price"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"Option vests in four equal annual installments beginning on July 6, 2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

General Mills Savings Plan financial

"Held in Trust by the Trustee of the General Mills Savings Plan."

indirect ownership financial

"direct_or_indirect: "I" with nature_of_ownership: "by Trust""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/08/2026 - 09:52 PM Accepted by SEC EDGAR 07/08/2026 - 09:52 PM Learn about SEC filing dates

FAQ

What equity awards did Elizabeth Mascolo receive in this General Mills (GIS) Form 4?

Elizabeth Mascolo received 6,576 shares of Common Stock as a stock grant and a non-qualified stock option for 32,877 shares. The option carries an exercise price of $36.12 per share and represents additional long-term incentive compensation.

How many General Mills (GIS) shares does Elizabeth Mascolo hold after these transactions?

After the reported transactions, Elizabeth Mascolo directly holds 41,428.287 shares of General Mills Common Stock. The filing also shows an indirect holding of 2,147.160 shares in a trust under the General Mills Savings Plan, reflecting additional exposure to company stock.

What are the key terms of Elizabeth Mascolo’s new General Mills stock option grant?

Mascolo’s new award is a non-qualified stock option for 32,877 shares of General Mills Common Stock with an exercise price of $36.12 per share. The option expires in 2036, providing a long-dated opportunity to purchase shares at that strike price.

When does Elizabeth Mascolo’s new General Mills stock option begin vesting?

According to the filing’s footnote, the option vests in four equal annual installments beginning on July 6, 2027. This schedule means portions of the 32,877-share option become exercisable each year over four years, subject to continued eligibility conditions.

Does the Form 4 for Elizabeth Mascolo show any General Mills share sales or purchases on the market?

The Form 4 reports grant or award acquisitions of stock and options, not open‑market buying or selling. All reported transactions use code “A” for awards, and the filing’s transaction summary shows no buy or sell transactions in Common Stock during the reported date.

What does the trust holding in the General Mills Savings Plan represent for Elizabeth Mascolo?

The filing notes 2,147.160 shares of General Mills Common Stock are held “in Trust by the Trustee of the General Mills Savings Plan.” This is reported as indirect ownership by trust, indicating plan-related holdings separate from her directly owned shares and option awards.

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^*

Mascolo Elizabeth

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Segment President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/06/2026		A		6,576	A	$0.0	41,428.287	D
Common Stock								2,147.16	I	by Trust(1)

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
Non-Qualified Stock Option (right to buy)	$36.12	07/06/2026		A		32,877		(2)	08/06/2036	Common Stock	32,877	$0.0	32,877	D

Explanation of Responses:

1. Held in Trust by the Trustee of the General Mills Savings Plan.

2. Option vests in four equal annual installments beginning on July 6, 2027.

	By: Christopher A. Rauschl For: Elizabeth Mascolo	07/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)