Fernandez Ricardo 4

What Happened
Ricardo Fernandez, Segment President at General Mills, was granted 880 performance stock units on June 29, 2026. The Form 4 reports the acquisition as 880 shares at $0.00 (award/grant). The award is a compensation grant (not a market purchase or sale) and is set to vest on June 30, 2026 per the filing footnote.

Key Details

• Transaction date: 2026-06-29; Form 4 filed: 2026-07-01 (appears timely).
• Transaction type: Award/Grant (code A) — 880 shares @ $0.00; aggregate reported value $0.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote F1: These are performance stock units that vest on June 30, 2026.
• No indication in this filing of a 10b5-1 plan, tax-withholding disposition, or late filing code.

Context
Performance stock units (PSUs) are a form of equity compensation that typically convert to shares (or cash in some plans) only if performance and/or service conditions are met at vesting. Grants like this are routine executive compensation and do not by themselves indicate insider buying or selling sentiment. If the PSUs vest, they may be taxable and could be settled according to the company’s equity plan.