William P. Lauder (NYSE: EL) receives dividend-based stock units in Form 4

Rhea-AI Filing Summary

Estee Lauder Companies director and major shareholder William P. Lauder received 3.090 stock units through dividend reinvestment on existing units. These stock units correspond to 3.090 shares of Class A common stock at a reference price of $88.76 per share.

The filing describes this as a grant or award acquisition, representing reinvestment of dividend equivalents on outstanding stock units rather than an open-market transaction. Following this routine adjustment, Lauder directly holds a total of 789.080 stock units, which will be paid out in shares on the first business day of the calendar year after his service as a director ends.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lauder William P

(Last) (First) (Middle)

C/O THE ESTEE LAUDER COMPANIES INC.

767 FIFTH AVENUE

(Street)

NEW YORK NY 10153

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ESTEE LAUDER COMPANIES INC [ EL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Units (Share Payout)	(1)	03/16/2026		A(2)		3.09		(3)	(3)	Class A Common Stock	3.09	$88.76	789.08	D

Explanation of Responses:

1. Not applicable.

2. Represents reinvestment of dividend equivalents on outstanding stock units.

3. The stock units will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company.

Remarks:

	William P. Lauder, by Robin Cohen, attorney-in-fact	03/17/2026
	** 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 4 (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.

FAQ

What did William P. Lauder report in his latest Form 4 for EL?

William P. Lauder reported receiving 3.090 stock units tied to Estee Lauder Class A shares. These units came from reinvested dividend equivalents on existing stock units, reflecting routine compensation-related activity rather than an open-market stock purchase or sale.

Were the Estee Lauder (EL) Form 4 transactions open-market buys or sells?

The Form 4 does not show any open-market buys or sells. It records a grant-type acquisition of 3.090 stock units from dividend equivalent reinvestment, classified as a derivative award rather than a discretionary market trade in Estee Lauder common stock.

How many stock units does William P. Lauder hold after this Form 4 transaction?

After the reported transaction, William P. Lauder directly holds 789.080 stock units. Each unit is tied to Estee Lauder Class A common stock and will ultimately be settled in shares when his service as a director has ended, based on plan terms.

What is the nature of the 3.090 stock units reported by William P. Lauder?

The 3.090 stock units represent reinvested dividend equivalents on outstanding stock units. They are classified as a grant, award, or other acquisition with a reference value of $88.76 per underlying share, functioning as deferred equity-based compensation rather than cash or immediate share delivery.

When will William P. Lauder’s reported stock units in Estee Lauder be paid out?

The stock units will be paid out in shares on the first business day of the calendar year after William P. Lauder’s last date of service as a director. Until then, they remain deferred units linked to Estee Lauder Class A common stock.