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

Rhea-AI Filing Summary

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

Chairman & CEO Jeffrey L. Harmening reported a single transaction dated 06/28/2025 involving the company’s common stock. The filing shows a Code F disposition of 28,034 shares at an indicated price of $50.52 per share. Code F denotes shares withheld by the issuer to satisfy tax obligations upon the vesting of equity awards, rather than an open-market sale.

After the withholding, Harmening retains:

• 383,193.0191 shares held directly
• 312,620 shares held indirectly through a trust
• 7,550 shares held indirectly through a second trust

No derivative securities were acquired or disposed of, and there were no additional transaction codes disclosed. The filing was signed on 07/01/2025 by attorney-in-fact Christopher A. Rauschl.

Given the routine nature of a tax-withholding transaction and Harmening’s continued substantial ownership, the market impact is expected to be minimal.

Positive

• CEO retains substantial ownership of 383,193 direct shares plus additional trust holdings, sustaining alignment with shareholders.

Negative

• 28,034 shares were disposed (withheld for taxes) at $50.52, modestly reducing the CEO’s direct share count.

Insights

Securities Analyst

TL;DR: Routine tax-withholding; no strategic signal.

The Form 4 reveals a Code F disposal, meaning the shares were withheld by General Mills to cover withholding taxes on vested equity. Such transactions are largely administrative and do not indicate a personal decision to reduce exposure. The CEO continues to hold more than 380k shares directly and over 320k indirectly, maintaining significant alignment with shareholder interests. No derivatives or open-market sales appear, so liquidity or directional sentiment implications are negligible.

Corporate Governance Expert

TL;DR: Insider retains sizable stake; governance posture unchanged.

From a governance standpoint, the filing is standard. Harmening’s large retained holdings support incentive alignment, and the absence of discretionary selling limits concerns about adverse signalling. The prompt and accurate filing also reflects compliance with Section 16 reporting obligations. Overall impact on governance risk profile 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^*

HARMENING JEFFREY L

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman of the Board & CEO

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		28,034	D	$50.52	383,193.0191	D
Common Stock								312,620	I	by Trust
Common Stock								7,550	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:

	By: Christopher A. Rauschl For: Jeffrey L. Harmening	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 CEO Jeffrey Harmening dispose of?

The Form 4 shows a Code F disposition of 28,034 shares on 06/28/2025.

What does transaction code F mean in this General Mills Form 4?

Code F indicates shares withheld by the issuer to satisfy tax withholding obligations upon vesting of equity awards.

How many General Mills shares does the CEO now own directly?

After the reported transaction, Jeffrey Harmening holds 383,193.0191 shares directly.

Are any derivative securities involved in this filing?

No. Table II lists no derivative securities acquired or disposed of.

When was the Form 4 for General Mills filed?

The document was signed and filed on 07/01/2025.