Pallot Mark A 4

What Happened

Mark A. Pallot, Chief Accounting Officer of General Mills, was granted a total of 12,460 shares on July 6, 2026. The filing reports two acquisitions: 2,077 shares held in the General Mills Savings Plan (acquired at $0) and a 10,383-share derivative award (reported at $0). No shares were sold; this is a compensation grant rather than an open-market purchase.

Key Details

• Transaction date: July 6, 2026; Form 4 filed July 8, 2026 (timely).
• Reported amounts: 2,077 shares (held in trust under the General Mills Savings Plan) and 10,383 shares as a derivative/award — total 12,460 shares.
• Reported price: $0.00 for both entries (common for compensation grants).
• Vesting/derivative note: The 10,383-share option vests in four equal annual installments beginning July 6, 2027.
• Shares owned after transaction: Not specified in the filing.
• No sales, tax withholding, or cashless exercise reported on this Form 4.

Context

This filing reflects compensation-related awards (one plan-held share allocation and one option/derivative grant) rather than a market purchase or sale. The derivative award vests over time, so its value is only realized if/when vesting and any exercise occur. Such grants are routine executive compensation and do not by themselves indicate buying or selling sentiment.