Bottarini Joan 4

What Happened
Joan Bottarini, a director of General Mills, received an award/acquisition of 780 common stock units on 2026-05-31. The units were recorded at $33.65 each, for a total value of $26,247. This was an award/deferral transaction (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-31; Form 4 filed: 2026-06-02 (filed two days after the transaction).
• Amount: 780 common stock units at $33.65 per unit; aggregate reported value $26,247.
• Transaction type/code: Award/Grant (A); classified as a derivative security (common stock units).
• Shares/units owned after transaction: Not specified in the Form 4.
• Footnote: The units are common stock units representing the right to receive the cash value of one share each. Bottarini deferred a cash retainer under the Deferred Compensation Plan for Non-Employee Directors into these units; they are payable in cash at the end of the deferral period and may be moved into alternative investments.

Context
These common stock units are deferred compensation (a cash-settled derivative), not immediate equity ownership or a market purchase. Such director deferrals are common and typically reflect compensation election choices rather than a directional bet on the stock.