New Insider Jonathan Ness Files Form 3 for General Mills (GIS)
| Field | Detail |
|---|---|
| Company | Ness Jonathan David |
| Form Type | 3 |
| Filed Date | Mar 24, 2026 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, form-3, new-insider, initial-statement
TL;DR
**New insider Jonathan David Ness just filed his initial ownership statement for General Mills (GIS).**
AI Summary
Jonathan David Ness, a new insider at General Mills Inc. (GIS), filed a Form 3 on March 24, 2026, indicating his initial beneficial ownership of securities. This filing, required because he likely became an officer or director, establishes his baseline holdings. For investors, this matters because insider ownership can signal confidence in the company's future, and future filings (Form 4s) will track any changes in his stake, providing insight into insider sentiment.
Why It Matters
This filing signals Jonathan David Ness's new role as an insider at General Mills, establishing his initial stake and setting the stage for future disclosures of his buying or selling activity.
Risk Assessment
Risk Level: low — A Form 3 filing is purely informational, indicating a new insider's initial holdings, and does not inherently carry significant risk.
Analyst Insight
Investors should note this filing as a baseline for Jonathan David Ness's ownership and monitor future Form 4 filings for any changes in his holdings, which could signal insider confidence or concerns.
Key Players & Entities
- Jonathan David Ness (person) — Reporting Person, new insider at General Mills
- General Mills Inc. (company) — Issuer of the securities
- 0000897101-26-000101 (dollar_amount) — SEC Accession No. for the filing
FAQ
What is the purpose of Jonathan David Ness's Form 3 filing?
The Form 3 filed by Jonathan David Ness on March 24, 2026, serves as an 'Initial statement of beneficial ownership of securities,' indicating his initial holdings in General Mills Inc. as a new insider, likely due to becoming an officer or director.
When was this Form 3 filing accepted by the SEC?
The Form 3 filing for Jonathan David Ness was accepted by the SEC on March 24, 2026, at 11:43:49.
Filing Stats: 567 words · 2 min read · ~2 pages · Grade level 8 · Accepted 2026-03-24 11:43:49
Filing Documents
- edgardoc.html (3)
- edgardoc.xml (3) — 10KB
- gis03242026_poa.htm (EX-24) — 5KB
- image_001.jpg (GRAPHIC) — 413KB
- 0000897101-26-000101.txt ( ) — 585KB
From the Filing
SEC FORM 3 SEC Form 3 FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5 1. Name and Address of Reporting Person * Ness Jonathan David (Last) (First) (Middle) NUMBER ONE GENERAL MILLS BOULEVARD (Street) MINNEAPOLIS MINNESOTA 55426 (City) (State) (Zip) UNITED STATES (Country) 2. Date of Event Requiring Statement (Month/Day/Year) 03/16/2026 3. Issuer Name and Ticker or Trading Symbol GENERAL MILLS INC [ GIS ] 3a. Foreign Trading Symbol 5. If Amendment, Date of Original Filed (Month/Day/Year) 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Supply Chain Officer 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person Table I - Non-Derivative Securities Beneficially Owned 1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 15,088 D Common Stock 2,184.274 I by Trust (1) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5) Date Exercisable Expiration Date Title Amount or Number of Shares Non-Qualified Stock Option (right to buy) (2) 07/30/2035 Common Stock 5,429 $ 51.81 D Non-Qualified Stock Option (right to buy) 06/25/2023 07/25/2029 Common Stock 1,514 $ 53.7 D Non-Qualified Stock Option (right to buy) 06/29/2025 07/29/2031 Common Stock 1,354 $ 60.03 D Non-Qualified Stock Option (right to buy) 06/30/2024 07/30/2030 Common Stock 1,318 $ 61.65 D Non-Qualified Stock Option (right to buy) (3) 07/28/2034 Common Stock 4,446 $ 63.26 D Non-Qualified Stock Option (right to buy) 06/28/2026 07/28/2032 Common Stock 1,780 $ 70.26 D Non-Qualified Stock Option (right to buy) (4) 07/30/2033 Common Stock 3,667 $ 76.7 D Explanation of Responses: 1. Held in Trust by the Trustee of the General Mills Savings Plan. 2. Option vests in four equal annual installments beginning on June 30, 2026. 3. Option vests in four equal annual installments beginning on June 28, 2025 4. Option vests in four equal annual installments beginning on June 30, 2024 By: Christopher A. Rauschl For: Jonathan Ness 03/24/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 3: SEC 1473 (03-26)