GIS Form 4: Jorge Uribe Reports Stock Issuance and Beneficial Ownership
Rhea-AI Filing Summary
Jorge A. Uribe, a director of General Mills, Inc. (GIS), reported transactions in Common Stock on 08/24/2025. The filing shows an acquisition entry of 604 shares at a price of $49.64 and a second line reporting 129 shares at the same price, with beneficial ownership reported as 35,729.123 and 35,600.123 shares respectively after the transactions. The filing explains the shares were issued to a non-employee director in lieu of a retainer under the company’s 2022 Stock Compensation Plan. The Form 4 was signed on behalf of Mr. Uribe on 08/26/2025.
Positive
- Equity-based compensation disclosed: Shares were issued to a non-employee director under the 2022 Stock Compensation Plan, aligning director pay with shareholder interests
- Timely reporting: Form 4 was executed and filed with transaction and post-transaction beneficial ownership figures documented
Negative
- None.
Insights
TL;DR: Director received equity compensation; reported as routine non-employee director issuance, showing modest ownership levels.
The Form 4 discloses equity issued to Jorge A. Uribe under the 2022 Stock Compensation Plan rather than cash retainer. The reported entries list 604 shares and a 129-share line at $49.64, with post-transaction beneficial ownership figures of 35,729.123 and 35,600.123 shares. This represents routine compensation accounting and does not, by itself, indicate a change in corporate strategy or material capital structure impact. The filing follows Section 16 reporting requirements and was executed by an authorized representative on 08/26/2025.
TL;DR: Routine director compensation disclosure; consistent with standard governance practices for non-employee directors.
The disclosure explicitly states the issuance was made in lieu of a retainer under the company’s 2022 Stock Compensation Plan, which is a common governance practice to align director incentives with shareholders. The Form 4 records the transaction details and post-transaction beneficial ownership, and it is properly signed by a company representative. No departures from normal reporting protocols or governance concerns are evident in the document itself.