General Mills (NYSE: GIS) counsel logs tax-related share withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GENERAL MILLS INC General Counsel & Secretary Karen Wilson Thissen reported a tax-related share disposition. On June 28, 2026, 2,082 shares of common stock were transferred at $36.01 per share to cover tax obligations. Following this tax-withholding disposition, she directly holds about 82,198 shares of General Mills common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
THISSEN KAREN WILSON
Role
General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,082 | $36.01 | $75K |
Holdings After Transaction:
Common Stock — 82,198.065 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 2,082 shares
Transaction price: $36.01 per share
Shares held after: 82,198.065 shares
+1 more
4 metrics
Tax-withholding shares
2,082 shares
Shares delivered for tax liability on June 28, 2026
Transaction price
$36.01 per share
Value used for the tax-withholding disposition
Shares held after
82,198.065 shares
Direct ownership following the Form 4 transaction
Transaction code
F
Payment of tax liability by delivering securities
Key Terms
tax-withholding disposition, Common Stock, Form 4, Payment of exercise price or tax liability by delivering securities
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the 2,082-share transfer"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title is listed as "Common Stock" in the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes this insider transaction"
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.
Payment of exercise price or tax liability by delivering securities regulatory
"transaction_code_description explains the meaning of code F"
FAQ
What insider transaction did GENERAL MILLS (GIS) report for Karen Wilson Thissen?
GENERAL MILLS reported a tax-related share disposition by General Counsel & Secretary Karen Wilson Thissen. On June 28, 2026, 2,082 common shares were transferred to cover tax liabilities, rather than sold in an open-market trade, as reflected by Form 4 code F.
Does this GENERAL MILLS (GIS) Form 4 reflect an open-market stock sale?
No, the Form 4 reflects a tax-withholding disposition, not an open-market sale. Transaction code F indicates shares were delivered to pay tax liabilities tied to equity awards, a routine administrative event rather than a discretionary buy or sell decision in the market.