Form 4: General Mills Director Maria Henry Acquires 514 Shares of Common Stock
SEC Form 4 Filing
Director Maria Henry acquired 514 shares of General Mills common stock on February 25, 2024, at a price of $65.61 per share.
Summary
- On February 25, 2024, Maria Henry, a director of General Mills Inc., acquired 514 shares of common stock.
- The shares were acquired at a price of $65.61 per share.
- This acquisition increased Maria Henry's direct holdings to 40,460 shares of General Mills common stock.
- The common stock was issued to the Non-Employee Director in lieu of retainer under the 2022 Stock Compensation Plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, this is part of a compensation plan.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. This transaction is a standard disclosure and doesn't necessarily indicate a major shift in company strategy or performance.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine acquisition of shares by a director.
Key Dates
| Date | Description |
|---|---|
| 02/25/2024 | Date of transaction: Maria Henry acquired 514 shares of General Mills common stock. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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