General Mills officer receives stock and option awards
Saksena Asheesh reported acquisition or exercise transactions in this Form 4 filing.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 71,895 shares
Grant/Award
3 txns
Insider
Saksena Asheesh
Role
Chief S&G Officer
| 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 | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 58,832 contracts (Direct);
Common Stock — 26,009 shares (Direct);
Common Stock — 30 shares (Indirect, by Trust)
Footnotes (1)
- F1. Option vests in four equal annual installments beginning on July 6, 2027.
Key Figures
Common shares granted: 13,063 shares
Direct common shares after grant: 26,009 shares
Indirect common shares: 30 shares
+4 more
7 metrics
Common shares granted
13,063 shares
Common Stock grant at $0.00 per share on July 6, 2026
Direct common shares after grant
26,009 shares
Total directly held GENERAL MILLS common stock following grant
Indirect common shares
30 shares
Common Stock held indirectly by trust after reported transactions
Options granted
58,832 options
Non-qualified stock options linked to COMMON STOCK granted July 6, 2026
Option exercise price
$36.12 per share
Conversion or exercise price for 58,832 non-qualified stock options
Option expiration
August 6, 2036
Expiration date of the non-qualified stock option grant
Option vesting schedule
4 annual installments
Vesting in four equal annual installments beginning July 6, 2027
Key Terms
Non-Qualified Stock Option (right to buy), grant/award acquisition, indirect ownership, by Trust, +1 more
5 terms
Non-Qualified Stock Option (right to buy) financial
"security_title: "Non-Qualified Stock Option (right to buy)""
grant/award acquisition financial
"transaction_action: "grant/award acquisition" for the A-coded entries"
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership "by Trust""
by Trust financial
"nature_of_ownership: "by Trust" for 30 indirectly held common shares"
vests in four equal annual installments financial
"footnote: "Option vests in four equal annual installments beginning on July 6, 2027.""
FAQ
What did GENERAL MILLS (GIS) executive Asheesh Saksena report in this Form 4?
Asheesh Saksena, Chief S&G Officer of GENERAL MILLS, reported receiving 13,063 common shares and 58,832 non-qualified stock options. These are equity compensation awards rather than open-market purchases or sales, and they increase his direct and indirect ownership in GENERAL MILLS stock.
What are the terms of Asheesh Saksena’s new GENERAL MILLS (GIS) stock options?
Saksena received 58,832 non-qualified stock options with a $36.12 exercise price, each tied to GENERAL MILLS common stock. The options expire on August 6, 2036 and, per the footnote, vest in four equal annual installments beginning on July 6, 2027.
Is the GENERAL MILLS (GIS) Form 4 for Asheesh Saksena a market buy or sell?
The Form 4 reflects grant or award acquisitions, not market buys or sells. Saksena received 13,063 common shares and 58,832 stock options as compensation, both at a reported transaction price of $0.00 per share, indicating no open-market cash transaction occurred.
How do the new awards affect Asheesh Saksena’s equity exposure to GENERAL MILLS (GIS)?
The awards increase Saksena’s equity exposure by adding 13,063 directly held shares and 58,832 options linked to GENERAL MILLS common stock. These options, exercisable at $36.12 and vesting over four years, create additional long-term alignment with GENERAL MILLS shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
