Form 4: General Mills Executive Jonathon Nudi Reports Stock Transactions

General Mills Group President Jonathon Nudi reports acquisition and disposal of company stock and stock options.

Summary

• On June 28, 2024, Jonathon Nudi, Group President at General Mills, acquired 10,671 shares of common stock at $0.0 and 890 shares of common stock indirectly through his spouse at $0.0.
• On June 29, 2024, Nudi disposed of 18,518 shares of common stock at $63.26 and 2,472 shares indirectly through his spouse at $63.26.
• On June 30, 2024, Nudi disposed of 384 shares indirectly through his spouse at $63.26.
• Nudi also acquired 53,352 non-qualified stock options and 4,446 non-qualified stock options indirectly through his spouse, both with an exercise price of $63.26.
• Following these transactions, Nudi directly owns 128,108.665 shares of common stock and indirectly owns 16,238 shares through his spouse and 1,765.09 shares through a trust.
• He also directly owns 53,352 non-qualified stock options and indirectly owns 4,446 non-qualified stock options through his spouse.
• The stock options vest in four equal annual installments beginning on June 28, 2025, and expire on July 28, 2034.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment. It's a factual report of trading activity.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their confidence in the company's prospects.

Stakeholder Impact

• The reported transactions may influence investor perception of General Mills, although individual Form 4 filings typically have a limited direct impact unless they indicate a significant shift in insider holdings.

Key Dates