HARMENING JEFFREY L 4

What Happened

• Jeff Harmening, Chairman of the Board, CEO and Director of General Mills (GIS), disposed of 14,335 shares on 2026-06-30 as a payment to cover tax liability (transaction code F). The shares were valued at $34.80 each, for a total of about $498,858.
• This was a tax-withholding/share-surrender transaction related to an equity award or option exercise, not an open-market sale — a routine administrative step rather than a directional bet on the stock.

Key Details

• Transaction date and price: 2026-06-30; 14,335 shares at $34.80 per share (total ≈ $498,858).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote/transaction code: F — shares were surrendered to satisfy tax withholding related to an equity award or option exercise.
• Filing: Report filed 2026-07-02 (appears timely — Form 4s are generally due within two business days of the transaction).

Context

• For retail investors: tax-withholding disposals (code F) are common when executives exercise options or when restricted shares vest and are not indicative by themselves of confidence or concern about the company’s prospects. They differ from open-market sales (which may be liquidity-driven) and purchases (which are often more informative as bullish signals).