General Mills Director Joan Bottarini Acquires Phantom Stock via Retainer Deferral
GENERAL MILLS INC
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Filing Summary
📊 Form 4 Filing: GENERAL MILLS INC ($GIS) Insider: Bottarini Joan (Director) Type: Acquisition (Phantom Stock via Retainer Deferral) Shares: 654 @ $40.08 (~$26.21K) Post-Transaction Holdings: 2,052.497 units Significance: Low (Routine Director Fee Deferral)
Comprehensive Analysis
Executive Summary
On August 31, 2026, General Mills Inc. ($GIS) Director Joan Bottarini reported an acquisition of 654 phantom stock units dated August 30, 2026. The transaction value totaled approximately $26,212.32 at an effective price of $40.08 per share.
Transaction Details
- Security: Phantom Stock
- Shares Acquired: 654 units
- Price per Unit: $40.08
- Total Value: $26,212.32
- Nature of Ownership: Direct
- Post-Transaction Balance: 2,052.497 units
Context & Significance
According to the footnotes, this transaction reflects the deferral of director cash retainer fees into common stock units under the Deferred Compensation Plan for Non-Employee Directors. Each unit tracks the cash value of one share of common stock. Because this is a standard, routine director compensation deferral rather than an open-market purchase or sale, the trading significance is rated as Low.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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