Form 4: General Mills Group President Reports Routine Stock Disposition for Tax Purposes

Jonathon Nudi, Group President of General Mills Inc., reported the disposition of common stock shares, primarily to cover tax obligations, maintaining significant beneficial ownership.

Summary

• Jonathon Nudi, Group President of General Mills Inc. (GIS), reported the disposition of 7,403 shares of common stock directly on June 28, 2025.
• An additional 780 shares of common stock were disposed of indirectly by his spouse on June 28, 2025.
• Another 566 shares of common stock were disposed of indirectly by his spouse on June 29, 2025.
• All reported dispositions occurred at a price of $50.52 per share.
• These transactions, indicated by transaction code 'F', typically represent shares withheld to cover tax obligations upon the vesting of equity awards.
• Following these transactions, Jonathon Nudi directly holds 137,716.139 shares of Common Stock.
• Indirectly, Nudi's spouse holds 16,614.164 shares of Common Stock.
• An additional 1,833.98 shares are held indirectly by a Trust for the benefit of the reporting person's spouse by the Trustee of the General Mills Savings Plan.

Sentiment

Score: 5

Explanation: The document reports a routine disposition of shares, likely for tax withholding purposes related to equity compensation. This type of transaction is common and does not typically indicate a change in management's sentiment or the company's performance, thus it is neutral.

Industry Context

This filing is a routine insider transaction report (Form 4) and does not provide broader industry context or trends. It reflects a standard compliance event for executive equity compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine, non-discretionary dispositions for tax purposes, not open market sales indicating a lack of confidence.

Key Dates

Keywords

General Mills, GIS, Insider Transaction, Form 4, Beneficial Ownership, Stock Disposition, Equity Awards, Tax Withholding