Form 4: General Mills Director Maria Henry Acquires 477 Shares in Lieu of Retainer
SEC Form 4
Director Maria Henry acquired 477 shares of General Mills stock on August 25, 2024, as compensation in lieu of a retainer under the 2022 Stock Compensation Plan.
Summary
- On August 25, 2024, Maria Henry, a director of General Mills Inc., acquired 477 shares of common stock.
- The acquisition was made in lieu of a retainer under the 2022 Stock Compensation Plan.
- The price per share was $70.63.
- Following the transaction, Maria Henry directly owns 41,416 shares of General Mills common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. There's no indication of significant positive or negative implications.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
There is no future outlook information provided in this document.
Industry Context
This is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies. It reflects a component of director compensation practices within the consumer staples industry.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/25/2024 | Date of transaction: Maria Henry acquired 477 shares of General Mills stock. |
| 08/27/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.