[Form 4] General Mills, Inc. Insider Trading Activity

Rhea-AI Filing Summary

General Mills, Inc. (GIS) – Form 4 insider transaction

Chief Accounting Officer Mark A. Pallot reported a single transaction dated 28 June 2025 coded “F,” indicating shares withheld by the company to satisfy tax liabilities arising from the vesting of equity awards. Key details are:

• Shares withheld: 804 common shares
• Price used for withholding: $50.52 per share (approx. $40.6 thousand total value)
• Post-transaction ownership: 16,123.551 shares held directly and 139.85 shares held indirectly through the General Mills Savings Plan trust

No derivative securities were involved, and no open-market purchase or discretionary sale occurred. Because “F” transactions are administrative and do not reflect the insider’s view on valuation, the filing is generally viewed as neutral from a trading-signal standpoint.

Positive

• None.

Negative

• Minor reduction in insider share count (804 shares) due to tax-withholding, though the effect on float and insider alignment is immaterial.

Insights

Financial Analyst

TL;DR: Routine tax-withholding; negligible impact on GIS valuation or sentiment.

The Form 4 discloses an automatic share withholding of 804 GIS shares by the company to cover payroll taxes linked to vested equity. Such “F” code events do not represent discretionary buying or selling. The insider’s direct stake remains sizable at >16 k shares, preserving alignment with shareholders. No material change to float, governance, or earnings outlook is implied. Overall impact on investment thesis is neutral.

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^*

Pallot Mark A

(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)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/28/2025

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	06/28/2025		F		804	D	$50.52	16,123.551	D
Common Stock								139.85	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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: Mark Andrew Pallot	07/01/2025
	** 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).
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.

FAQ

How many General Mills (GIS) shares did the insider dispose of on 28 June 2025?

The Form 4 shows 804 shares were withheld to cover taxes.

What was the transaction price for the withheld GIS shares?

Shares were valued at $50.52 each for the tax-withholding calculation.

How many GIS shares does Mark A. Pallot hold after the transaction?

He owns 16,123.551 shares directly and 139.85 shares indirectly via the General Mills Savings Plan.

Does the Form 4 indicate an open-market sale by the insider?

No. The code “F” denotes shares withheld by the issuer for tax purposes, not a discretionary sale.

Is this Form 4 filing significant for GIS investors?

The transaction is routine and not considered materially significant to General Mills’ valuation or outlook.