General Mills (NYSE: GIS) officer uses 324 shares for tax withholding

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

GENERAL MILLS INC Chief Supply Chain Officer Jonathan David Ness reported routine share movements related to compensation and plan holdings. On 2026-06-30, 324 shares of Common Stock were disposed of at $34.80 per share as a tax-withholding disposition, meaning shares were delivered to cover tax obligations rather than sold on the open market.

After this event, Ness directly held 14,614 shares of Common Stock. The filing also shows an indirect holding of 2,220.6 shares by a trustee of the General Mills Savings Plan, reflecting retirement-plan ownership rather than a market trade.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Ness Jonathan David

Role Chief Supply Chain Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	324	$34.80	$11K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 14,614 shares (Direct, null); Common Stock — 2,220.6 shares (Indirect, by Trust)

Footnotes (1)

[object Object]

Key Figures

Tax-withholding shares: 324 shares Tax-withholding price: $34.80 per share Direct holdings after transaction: 14,614 shares +1 more

4 metrics

Tax-withholding shares 324 shares Common Stock disposed of for tax withholding at $34.80 per share

Tax-withholding price $34.80 per share Price applied to 324 shares delivered for tax obligations

Direct holdings after transaction 14,614 shares Common Stock directly held by Jonathan Ness after tax-withholding disposition

Indirect plan holdings 2,220.6 shares Common Stock held in trust by the trustee of the General Mills Savings Plan

Key Terms

tax-withholding disposition, Common Stock, General Mills Savings Plan, indirect ownership

4 terms

tax-withholding disposition financial

"shares were disposed of at $34.80 per share as a tax-withholding disposition"

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

"shares of Common Stock were disposed of at $34.80 per share"

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.

General Mills Savings Plan financial

"Held in Trust by the Trustee of the General Mills Savings Plan."

indirect ownership financial

"The filing also shows an indirect holding of 2,220.6 shares by a trustee"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 08:32 PM Accepted by SEC EDGAR 07/02/2026 - 08:31 PM

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^*

Ness Jonathan David

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Supply Chain Officer

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/30/2026		F		324	D	$34.8	14,614	D
Common Stock								2,220.6	I	by Trust⁽¹⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Held in Trust by the Trustee of the General Mills Savings Plan.

	By: Christopher A. Rauschl For: Jonathan Ness	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did GENERAL MILLS INC executive Jonathan Ness report in this Form 4 for GIS?

Jonathan Ness reported a tax-withholding disposition of 324 General Mills common shares. These shares were used to satisfy tax obligations, not sold on the open market, and his remaining direct and plan-related holdings were updated in the filing.

How many GIS shares were used for tax withholding by Jonathan Ness?

The filing shows 324 General Mills common shares were disposed of at $34.80 each for tax withholding. This transaction covers tax liabilities arising from equity compensation rather than representing an open-market sale of shares.

How many GENERAL MILLS INC shares does Jonathan Ness hold after this Form 4?

After the reported tax-withholding transaction, Jonathan Ness directly holds 14,614 General Mills common shares. The filing also lists 2,220.6 additional shares held indirectly in a General Mills Savings Plan trust account.

What does the indirect ownership by Trust mean for Jonathan Ness’s GIS shares?

Indirect ownership by Trust indicates 2,220.6 General Mills shares are held in a trust within the General Mills Savings Plan. These shares are managed by a plan trustee, reflecting retirement-plan holdings rather than personally held trading shares.

Was the Form 4 transaction for GIS a market sale by Jonathan Ness?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were delivered at $34.80 to satisfy tax obligations associated with equity compensation, a common administrative transaction for executives.

What role does Jonathan Ness hold at GENERAL MILLS INC in this filing?

In this filing, Jonathan Ness is identified as the Chief Supply Chain Officer of General Mills. The Form 4 details how his direct and indirect stock holdings changed due to a routine tax-withholding transaction and plan-related holdings.