Bottarini Joan 4

What Happened

• Joan Bottarini, a director of General Mills (GIS), was granted 578 common stock units on 2026-02-22. The units were valued at $45.36 each, for a total value of $26,218. This was an award/acquisition under the company’s deferred compensation plan for non-employee directors, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-22; Filing date (Form 4): 2026-02-24.
• Units granted: 578 common stock units at $45.36 per unit; total value $26,218.
• Shares/units owned after transaction: Not specified in the report.
• Footnote (F1): Each common stock unit represents the right to receive the cash value of one General Mills share. Bottarini deferred a cash retainer into these units under the Deferred Compensation Plan for Non-Employee Directors; units are payable in cash at the end of the deferral period and may be moved into alternative investments at any time.
• Filing timeliness: Filed two days after the transaction date (no late filing indicated).

Context

• These are deferred compensation units (derivative rights to cash equal to a share’s value), a routine form of director pay, and do not represent an immediate purchase of tradable shares. The grant is compensatory and common for non-employee directors, so it should be viewed as routine rather than a direct market signal.