Form 4: General Mills Chief Supply Chain Officer Reports Routine Share Dispositions for Tax Obligations
Insider Transaction Report
Paul Joseph Gallagher, Chief Supply Chain Officer at General Mills Inc., reported the disposition of common stock shares to cover tax withholding obligations related to equity awards.
Summary
- Paul Joseph Gallagher, Chief Supply Chain Officer of General Mills Inc. (GIS), reported two dispositions of common stock.
- On June 28, 2025, 2,262 shares of common stock were disposed of at a price of $50.52 per share.
- On June 29, 2025, an additional 1,247 shares of common stock were disposed of at a price of $50.52 per share.
- Both dispositions were coded 'F', indicating they were made to satisfy tax withholding obligations.
- Following these transactions, Paul Joseph Gallagher directly beneficially owns 44,549.9002 shares of common stock.
- Additionally, 323.18 shares are indirectly beneficially owned by a Trust, specifically the General Mills Savings Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document reports routine, non-discretionary share dispositions for tax withholding purposes, which do not reflect a discretionary sale or purchase by the insider.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of an insider transaction, specifically a disposition of shares to cover tax obligations, which is common for executives receiving equity compensation. It does not provide broader insights into industry trends or competitive landscape.
Related Party Transactions
- 323.18 shares of common stock are indirectly beneficially owned by a Trust, specifically the General Mills Savings Plan, which is a related party.
Stakeholder Impact
- Shareholders: Minimal direct impact as these are routine, non-discretionary transactions for tax purposes and do not indicate a change in management's confidence or a significant shift in ownership structure.
- Employees: No direct impact indicated beyond the Chief Supply Chain Officer's equity compensation.
Key Dates
| Date | Description |
|---|---|
| 06/28/2025 | Date of disposition of 2,262 shares of common stock by Paul Joseph Gallagher. |
| 06/29/2025 | Date of disposition of 1,247 shares of common stock by Paul Joseph Gallagher. |
| 07/01/2025 | Signature date of the Form 4 filing by Christopher A. Rauschl for Paul Gallagher. |
Keywords
General Mills, GIS, SEC Form 4, Insider Trading, Share Disposition, Tax Withholding, Common Stock, Chief Supply Chain Officer
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