THISSEN KAREN WILSON 4
Research Summary
AI-generated summary
General Mills (GIS) GC Karen Thissen Receives Award
What Happened
Karen Wilson Thissen, General Counsel & Secretary of General Mills, was granted 2,494 performance stock units on June 29, 2026. The Form 4 records an acquisition of 2,494 shares at $0.00 (total reported value $0) under transaction code A (award/grant). This transaction is an equity compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-29; reported price: $0.00; shares granted: 2,494 (transaction code A).
- Vesting note: Footnote F1 states these are performance stock units that vest on June 30, 2026.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing: Form 4 filed 2026-07-01 (appears timely relative to the 06/29 transaction).
- Nature: Award of PSUs (compensation); not a cash purchase or sale.
Context
Performance stock units (PSUs) typically convert into common shares only if performance and vesting conditions are met; they may be subject to forfeiture and tax withholding at vesting. Awards like this are routine executive compensation and do not by themselves indicate insider buying or selling sentiment.