Form 4: General Mills Executive Lanette Shaffer Werner Sells 710 Shares
SEC Form 4 Filing
Lanette Shaffer Werner, Chief Innovation Officer of General Mills, sold 710 shares of common stock at an average price of $70.57 on May 13, 2024.
Summary
- On May 13, 2024, Lanette Shaffer Werner, the Chief Innovation Officer of General Mills Inc., sold 710 shares of the company's common stock.
- The sale was executed at a weighted average price of $70.57 per share.
- Following the transaction, Werner directly owns 17,397.0267 shares of General Mills common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about management's view of the company's stock.
Stakeholder Impact
- The sale of shares by a high-ranking officer could be perceived differently by stakeholders; some might see it as a lack of confidence, while others might view it as a normal part of personal financial management.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of the stock sale transaction. |
| 05/15/2024 | Date of signature on the Form 4 filing. |
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