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General Mills Tech Chief Gains $750K in Stock as Company Boosts Executive Retention

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

General Mills Chief Technology Officer Jaime Montemayor reported acquiring 11,084 performance stock units (PSUs) on June 23, 2025. The PSUs were awarded at $0.00 cost and are scheduled to vest on June 28, 2025.

Following this transaction, Montemayor's direct ownership position in General Mills common stock increased to 86,326.029 shares. The award was documented through Form 4 filed on June 28, 2025, with Christopher A. Rauschl signing on behalf of Montemayor.

This equity-based compensation grant aligns with standard executive compensation practices and serves to strengthen the alignment between management and shareholder interests. The transaction was reported within the required SEC filing deadline for insider transactions.

Positive

  • None.

Negative

  • None.
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*
Montemayor Jaime

(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)
Chief Technology Officer
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 11,084(1) A $0.0 86,326.029 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: Jaime Montemayor 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).
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.

FAQ

How many GIS shares did CTO Jaime Montemayor acquire on June 23, 2025?

According to the Form 4 filing, CTO Jaime Montemayor acquired 11,084 shares of General Mills (GIS) common stock on June 23, 2025 through a performance stock unit award.

What is the total amount of GIS shares owned by Jaime Montemayor after the June 2025 transaction?

Following the reported transaction, Jaime Montemayor directly owned 86,326.029 shares of General Mills (GIS) common stock.

What was the purchase price for GIS shares in Montemayor's June 2025 acquisition?

The shares were acquired at $0.00 per share, as they were granted as performance stock units (PSUs) rather than purchased on the open market.

When do Jaime Montemayor's GIS performance stock units vest?

According to the filing's explanatory notes, the performance stock units awarded to Jaime Montemayor vest on June 28, 2025.

What position does Jaime Montemayor hold at General Mills (GIS)?

Jaime Montemayor serves as the Chief Technology Officer (CTO) of General Mills, as indicated in the Form 4 filing.
General Mills

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25.16B
531.73M
0.3%
86.45%
6.15%
Packaged Foods
Grain Mill Products
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United States
MINNEAPOLIS