HARMENING JEFFREY L 4

What Happened

Jeffrey L. Harmening, Chairman of the Board and CEO of General Mills, was granted 14,668 performance-based stock units on June 29, 2026. The Form 4 reports the acquisition price as $0.00 (an award/grant rather than a market purchase or sale). According to the filing footnote, these units vest on June 30, 2026.

Key Details

• Transaction date: 2026-06-29 (filed with the SEC on 2026-07-01).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 14,668 performance stock units (acquisition price $0.00).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — Award of performance stock units that vest on June 30, 2026.
• Timeliness: Filed two days after the transaction date; appears to be within the normal reporting window.

Context

Performance stock units (PSUs) are compensation awards that convert to company shares if specified performance and service conditions are met at vesting; they are not an immediate market purchase or sale and may be forfeited if conditions aren't met. Awards like this are routine executive compensation and do not by themselves indicate the insider's personal buying or selling sentiment.