Form 4: General Mills Director Uribe Increases Stake

General Mills Director Jorge A. Uribe acquired 629 shares of common stock as part of his director compensation plan, increasing his direct beneficial ownership to 39,322.137 shares.

Summary

• Jorge A. Uribe, a Director of General Mills Inc. (GIS), acquired 629 shares of common stock on November 23, 2025.
• These shares were issued in lieu of a retainer under the company's 2022 Stock Compensation Plan.
• The acquisition price per share was $47.63.
• Concurrently, 134 shares were disposed of at the same price, likely for tax withholding purposes.
• Following these transactions, Mr. Uribe directly beneficially owns 39,322.137 shares of General Mills common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even as part of a compensation plan, generally signals continued alignment of management interests with shareholder value. The transaction is routine and does not indicate any significant positive or negative operational developments.

Positives

• Director Jorge A. Uribe increased his direct beneficial ownership in General Mills, which can be seen as a vote of confidence in the company's future.
• The acquisition of shares is part of a structured compensation plan (2022 Stock Compensation Plan), indicating a routine and planned transaction.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This routine insider transaction, where a director receives company stock as part of compensation, is a common practice across various industries. It aligns director incentives with shareholder interests, a standard corporate governance principle.

Comparison to Industry Standards

• The practice of compensating non-employee directors with company stock is a widely accepted industry standard, particularly among large, established consumer goods companies like General Mills.
• This aligns director interests with long-term shareholder value, a common benchmark for effective corporate governance.
• No specific comparable companies or projects are detailed in this filing.

Corporate Governance

Related Party Transactions

• The acquisition of common stock by Director Jorge A. Uribe from General Mills Inc. as part of his compensation constitutes a related party transaction.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive signal of confidence in the company's long-term prospects.
• The transaction reflects the company's established compensation practices for its non-employee directors.

Key Dates

Keywords

General Mills, GIS, Insider Transaction, Form 4, Director Stock, Stock Compensation Plan, Jorge A. Uribe, Equity Acquisition, Beneficial Ownership