STOCK TITAN

General Mills (NYSE: GIS) exec has 1,055 shares withheld for taxes

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

Rhea-AI Filing Summary

GENERAL MILLS INC Segment President Elizabeth Mascolo reported routine share activity involving company common stock. On a recent transaction date, 1,055 shares were disposed of at $34.80 per share as a tax-withholding disposition, meaning shares were withheld to cover tax obligations rather than sold in the open market.

After this event, Mascolo held 34,852.287 General Mills common shares directly. In addition, 2,147.1600 shares are held indirectly in a trust associated with the General Mills Savings Plan. These entries reflect compensation- and plan-related administration rather than discretionary buying or selling.

Positive

  • None.

Negative

  • None.
Insider Mascolo Elizabeth
Role Segment President
Type Security Shares Price Value
Tax Withholding Common Stock 1,055 $34.80 $37K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 34,852.287 shares (Direct, null); Common Stock — 2,147.16 shares (Indirect, by Trust)
Footnotes (1)
  1. [object Object]
Tax-withheld shares 1,055 shares Code F tax-withholding disposition of common stock
Withholding price $34.80 per share Value used for tax-withholding disposition
Direct holdings after transaction 34,852.287 shares Direct General Mills common stock held after disposition
Indirect trust holdings 2,147.1600 shares Held in trust by trustee of General Mills Savings Plan
tax-withholding disposition financial
"1,055 shares were disposed of 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
"General Mills common stock was the security involved 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
"Elizabeth Mascolo reported these insider transactions in a Form 4 filing"
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.
General Mills Savings Plan financial
"Shares are held in trust under the General Mills Savings Plan"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Mascolo Elizabeth

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Segment President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026F1,055D$34.834,852.287D
Common Stock2,147.16Iby 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Held in Trust by the Trustee of the General Mills Savings Plan.
By: Christopher A. Rauschl For: Elizabeth Mascolo07/02/2026
** Signature of Reporting PersonDate
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)

FAQ

What did General Mills (GIS) Segment President Elizabeth Mascolo report in this Form 4?

Elizabeth Mascolo reported a tax-related share disposition and updated holdings. 1,055 General Mills common shares were withheld to cover tax obligations, and her direct and indirect ownership positions in company stock were updated following this routine compensation-related event.

How many General Mills (GIS) shares were withheld for Elizabeth Mascolo’s taxes?

1,055 General Mills common shares were withheld to satisfy tax liabilities. The shares were valued at $34.80 each for this purpose, reflecting a standard Form 4 code F tax-withholding disposition rather than a discretionary open-market stock sale by the executive.

How many General Mills (GIS) shares does Elizabeth Mascolo hold after the reported transaction?

After the tax-withholding disposition, Elizabeth Mascolo directly holds 34,852.287 General Mills common shares. She also has 2,147.1600 shares held indirectly in a trust under the General Mills Savings Plan, according to the reported ownership details in this insider filing.

Is Elizabeth Mascolo’s General Mills (GIS) Form 4 transaction an open-market sale?

No, the Form 4 reports a tax-withholding disposition, not an open-market sale. Shares coded as F are typically withheld by the issuer to pay taxes on equity compensation, so they do not represent a discretionary decision to sell shares on the stock market.

How are Elizabeth Mascolo’s indirect General Mills (GIS) holdings structured?

Her indirect holdings are 2,147.1600 General Mills common shares held in trust. The trust is administered by the trustee of the General Mills Savings Plan, reflecting retirement or savings-plan related ownership rather than personally managed brokerage holdings in her own name.