General Mills (GIS) General Counsel Wilson Sells $75K of Stock

On June 28, 2026, Thissen Karen Wilson, General Counsel and Secretary at General Mills, Inc. (NYSE:GIS), sold 2,082 shares of the company. The transaction was valued at approximately $74,973, with an average selling price of $36.01 per share. This insider sale was not made under a pre-arranged trading plan.

General Mills, Inc. Stock Up 15.6%

Shares of NYSE:GIS traded near $35.76 on Tuesday. General Mills, a major player in the packaged foods industry, has a market capitalization of about $19.2 billion. The stock's price-to-earnings ratio stands at 8.8, with a forward P/E of 11.5. The company's beta, which indicates its volatility compared to the market, is -0.041. Over the past year, the stock has ranged between $31.75 and $54.18, with a 50-day moving average of $34.16 and a 200-day moving average of $42.55.

Recent Earnings

General Mills reported revenue of $18.37 billion, with a growth rate of 2.2%. The company achieved a net margin of 12.05% and a return on equity of 23.59%. Earnings per share were $4.09. Investors can look forward to the next earnings release on July 1, 2026.

Dividend

General Mills offers an annual dividend rate of $2.44, translating to a yield of 6.78%. The payout ratio is 59.41%, indicating a significant portion of earnings is returned to shareholders as dividends.

About General Mills

General Mills, Inc., headquartered in Minneapolis, Minnesota, is a leading global manufacturer and marketer of branded consumer foods. The company operates through various segments, including North America Retail and International. Its diverse product range includes cereals, snacks, and pet foods, marketed under well-known brands like Cheerios, Haagen-Dazs, and Blue Buffalo. With a rich history dating back to 1866, General Mills continues to be a staple in households worldwide, employing around 33,000 people.

Bottom Line

Karen Wilson's recent sale of General Mills shares is a typical insider transaction that may interest investors tracking insider activity. General Mills remains a significant player in the consumer defensive sector, with upcoming earnings on July 1, 2026, potentially providing further insights into its financial health. As always, it's important to remember that insider transactions are just one piece of the puzzle when evaluating a company's stock.