Form 4: General Mills Executive Jonathon Nudi Reports Share Transactions

General Mills Group President Jonathon Nudi reported a disposition of 138 shares of common stock to cover tax obligations, while also holding shares directly, indirectly through a spouse, and via a trust.

Summary

• Jonathon Nudi, a Group President at General Mills, reported a transaction involving the company's common stock on November 17, 2024.
• The transaction involved the disposition of 138 shares of common stock at a price of $63.21 per share.
• These shares were disposed of to cover tax obligations.
• Following the transaction, Nudi directly owns 129,218.999 shares of General Mills common stock.
• He also indirectly owns 16,103.261 shares through his spouse and 1,796.43 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock transaction, which is neither positive nor negative in itself.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, and this filing is consistent with those requirements.
• The transaction is a small percentage of the total shares held by the executive, which is typical for tax-related dispositions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive.

Key Dates

Keywords

General Mills, GIS, insider trading, Form 4, stock transaction, executive, Jonathon Nudi, share disposition, beneficial ownership