Form 4: General Mills Director Kim Goodwin Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Director Kim Goodwin reports acquiring 431 phantom stock units of General Mills, Inc. at $57.99 per unit, bringing the total holdings to 822 units.
Summary
- On February 23, 2025, Kim Goodwin, a director of General Mills, Inc., acquired 431 units of phantom stock at a price of $57.99 per unit.
- This acquisition increased Goodwin's total holdings to 822 phantom stock units.
- These phantom stock units represent the right to receive the cash value of one share of General Mills common stock and are payable in cash at the end of a deferral period under the Deferred Compensation Plan for Non-Employee Directors.
- Goodwin can transfer the common stock unit investment into an alternative investment at any time.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to director compensation and holdings, and it doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it relates to director compensation and holdings.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Date of transaction: Kim Goodwin acquired 431 phantom stock units. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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