General Mills CEO uses shares for tax payment

GENERAL MILLS INC Chairman and CEO Jeffrey L. Harmening reported routine share movements related to existing holdings and tax obligations.

Rhea-AI Filing Summary

GENERAL MILLS INC Chairman and CEO Jeffrey L. Harmening reported routine share movements related to existing holdings and tax obligations. The filing shows a tax-withholding disposition of 14,335 shares of common stock at $34.80 per share to cover obligations tied to equity compensation, which is not an open-market sale.

After this tax-related share delivery, Harmening directly held 384,955.3201 shares of General Mills common stock. The filing also lists indirect holdings held by trusts associated with him, including 7,550 shares held "by Trust 2" and 361,141 shares held "by Trust." These trust positions represent indirect ownership and remain in place following the reported activity.

Insider Trade Summary

Exercise Price or Tax Liability: 14,335 shares

Exercise Price or Tax Liability 3 txns

Insider HARMENING JEFFREY L

Role Chairman of the Board & CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	14,335	$34.80	$499K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 384,955.3201 shares (Direct); Common Stock — 361,141 shares (Indirect, by Trust); Common Stock — 7,550 shares (Indirect, by Trust 2)

Key Figures

Tax-withholding shares: 14,335 shares Tax-withholding price: $34.80 per share Direct holdings after transaction: 384,955.3201 shares +2 more

5 metrics

Tax-withholding shares 14,335 shares Common stock delivered to cover tax liabilities

Tax-withholding price $34.80 per share Value assigned to shares used for tax payment

Direct holdings after transaction 384,955.3201 shares CEO direct common stock position following tax withholding

Trust 2 indirect holdings 7,550 shares Common stock held indirectly by Trust 2

Trust indirect holdings 361,141 shares Common stock held indirectly by Trust

Key Terms

tax-withholding disposition, indirect ownership, Form 4, equity compensation

4 terms

tax-withholding disposition financial

"The filing shows a tax-withholding disposition of 14,335 shares of common stock at $34.80 per share"

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.

indirect ownership financial

"The filing also lists indirect holdings held by trusts associated with him"

Form 4 regulatory

"This GENERAL MILLS Form 4 shows a tax-withholding disposition of 14,335 shares"

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.

equity compensation financial

"to cover obligations tied to equity compensation, which is not an open-market sale"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GENERAL MILLS (GIS) report for its CEO?

GENERAL MILLS CEO Jeffrey L. Harmening reported a tax-withholding disposition of 14,335 common shares at $34.80 per share. This transaction covered tax obligations on equity compensation and did not represent an open-market stock sale to outside investors.

How many GENERAL MILLS (GIS) shares does the CEO hold after this Form 4?

Following the tax-withholding transaction, CEO Jeffrey L. Harmening directly held 384,955.3201 GENERAL MILLS common shares. The filing also reports additional indirect holdings through trusts, which together reflect a substantially larger overall equity position associated with the CEO.

Was the GENERAL MILLS (GIS) CEO’s transaction a stock sale in the open market?

No, the transaction was coded “F,” meaning shares were delivered to cover tax liabilities at $34.80 per share. Such tax-withholding dispositions are administrative and differ from discretionary open-market stock sales executed through a broker on an exchange.

What indirect GENERAL MILLS (GIS) holdings are shown for the CEO on this Form 4?

The Form 4 lists 7,550 GENERAL MILLS common shares held indirectly “by Trust 2” and 361,141 shares held indirectly “by Trust.” These positions are attributed to trusts associated with the CEO, reflecting indirect ownership separate from his directly held shares.

Does this GENERAL MILLS (GIS) Form 4 show any insider share purchases?

The Form 4 does not report any insider purchases. It records a tax-withholding disposition of 14,335 shares and updates on existing direct and indirect holdings, indicating this filing is largely administrative rather than a change in investment stance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 08:20 PM EDT Learn about SEC filing dates

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^*

HARMENING JEFFREY L

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman of the Board & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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	06/30/2026		F		14,335	D	$34.8	384,955.3201	D
Common Stock								361,141	I	by Trust
Common Stock								7,550	I	by Trust 2

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:

	By: Christopher A. Rauschl For: Jeffrey L Harmening	07/02/2026
	** 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)