General Mills Ties Executive Compensation to Performance with Latest Stock Grant

Rhea-AI Filing Summary

Elizabeth Mascolo, Segment President at General Mills, reported insider trading activity in a Form 4 filing dated June 28, 2025. The transactions include:

• Acquisition of 1,710 performance stock units on June 23, 2025, awarded at $0.00 per unit, which vest on June 28, 2025
• Following the transaction, Mascolo directly owns 18,017.287 shares of Common Stock
• Additionally holds 2,035.9303 shares indirectly through the General Mills Savings Plan Trust

The filing was submitted by Christopher A. Rauschl on behalf of Elizabeth Mascolo, documenting changes in beneficial ownership under Section 16(a) of the Securities Exchange Act. This transaction appears to be part of the company's executive compensation program, as indicated by the performance stock unit award structure.

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
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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 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)
	Segment President

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		1,710(1)	A	$0.0	18,017.287	D
Common Stock								2,035.9303	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:

1. Award of performance stock units that vest on June 28, 2025.

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

	By: Christopher A. Rauschl For: Elizabeth Mascolo	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).
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FAQ

How many GIS shares did Elizabeth Mascolo acquire on June 23, 2025?

Elizabeth Mascolo acquired 1,710 shares of GIS common stock on June 23, 2025 through a performance stock unit award that vests on June 28, 2025. The shares were acquired at a price of $0.00.

What is Elizabeth Mascolo's position at General Mills (GIS)?

According to the Form 4 filing, Elizabeth Mascolo serves as a Segment President at General Mills (GIS).

How many GIS shares does Elizabeth Mascolo own directly after the June 23, 2025 transaction?

Following the transaction, Elizabeth Mascolo directly owns 18,017.287 shares of GIS common stock.

Does Elizabeth Mascolo have any indirect ownership of GIS shares?

Yes, Elizabeth Mascolo indirectly owns 2,035.9303 shares of GIS stock through the General Mills Savings Plan Trust.

When will Elizabeth Mascolo's newly acquired GIS performance stock units vest?

The performance stock units awarded to Elizabeth Mascolo will vest on June 28, 2025, as indicated in the filing's explanatory notes.