General Mills (GIS) CSCO Jonathan Ness Sells 480 Shares for Taxes

What Happened Jonathan D. Ness, Chief Supply Chain Officer of General Mills (GIS), disposed of 480 shares on 2026-06-28 to satisfy a tax liability (transaction code F). The shares were priced at $36.01 each, for a total value of approximately $17,285. This was a tax-withholding disposition (routine), not an open-market sale intended as an investment signal.

Key Details

• Transaction date: 2026-06-28; Form 4 filed 2026-06-30 (timely).
• Transaction type/code: F — Payment of exercise price or tax liability (shares withheld/disposed to cover taxes).
• Shares disposed: 480 at $36.01 per share = $17,285 (reported as "Disposed").
• Shares owned after transaction: Not specified in the supplied filing.
• Footnote: F1 — Held in Trust by the Trustee of the General Mills Savings Plan.
• Filing status: No late filing indicated based on provided dates.

Context Transaction code F typically means shares were used to satisfy tax obligations from an award or option exercise (or similar), often by withholding or surrendering shares to the company/trustee. Such transactions are routine administrative actions and do not necessarily reflect the insider’s view of the company’s outlook.