General Mills officer receives stock and option awards
Saksena Asheesh reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Saksena Asheesh reported acquisition or exercise transactions in this Form 4 filing.
GENERAL MILLS INC Chief S&G Officer Asheesh Saksena reported new equity compensation in the form of common shares and stock options. He received a grant of 13,063 shares of common stock at no cost, bringing his directly held common stock to 26,009 shares.
He was also granted 58,832 non-qualified stock options with a strike price of $36.12 per share, expiring on August 6, 2036. According to the footnote, this option vests in four equal annual installments beginning on July 6, 2027. An additional 30 common shares are reported as held indirectly by a trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 58,832 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 13,063 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Option vests in four equal annual installments beginning on July 6, 2027.
Key Figures
Key Terms
Non-Qualified Stock Option (right to buy) financial
grant/award acquisition financial
indirect ownership financial
by Trust financial
vests in four equal annual installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GENERAL MILLS (GIS) executive Asheesh Saksena report in this Form 4?
What are the terms of Asheesh Saksena’s new GENERAL MILLS (GIS) stock options?
Is the GENERAL MILLS (GIS) Form 4 for Asheesh Saksena a market buy or sell?
How do the new awards affect Asheesh Saksena’s equity exposure to GENERAL MILLS (GIS)?
AI-generated analysis. How Rhea-AI works. Not financial advice.