Fernandez Ricardo 4
4 · GENERAL MILLS INC · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
General Mills (GIS) Seg. Pres. Ricardo Fernandez Receives Award
What Happened
Ricardo Fernandez, a Segment President at General Mills, was awarded a total of 39,453 shares on July 6, 2026. The filing shows two acquisitions: 6,576 shares reported as an immediate award (acquired at $0.00) and a derivative award of 32,877 units (also reported at $0.00). The derivative award is noted as an option per the filing footnote.
Key Details
- Transaction date: 2026-07-06; Form 4 filed: 2026-07-08 (timely; within the standard two-business-day reporting window).
- Prices reported: $0.00 for both the direct award (6,576 shares) and the derivative award (32,877 units).
- Shares acquired: 6,576 (direct); 32,877 (derivative/option) — total 39,453.
- Vesting note (F1): the option (32,877 units) vests in four equal annual installments beginning July 6, 2027.
- Shares owned after the transaction: not specified in the information provided.
Context
This filing documents compensation awards rather than an open‑market purchase or sale. The derivative portion is an option with multi-year vesting, so those units are not immediately transferable or sold. Such grants are common as part of executive compensation and do not by themselves indicate buying or selling pressure in the market.
Insider Transaction Report
- Award
Common Stock
2026-07-06+6,576→ 82,599.613 total - Award
Non-Qualified Stock Option (right to buy)
[F1]2026-07-06+32,877→ 32,877 totalExercise: $36.12Exp: 2036-08-06→ Common Stock (32,877 underlying)
Footnotes (1)
- [F1]Option vests in four equal annual installments beginning on July 6, 2027.