Jane Lauder (NYSE: EL) receives additional stock units via dividends

Rhea-AI Filing Summary

Estee Lauder Companies director Jane Lauder reported a small stock-based compensation adjustment. On the reported date, she acquired 3.09 stock units tied to Class A Common Stock through the reinvestment of dividend equivalents on outstanding stock units.

Following this award, her balance in these stock units increased to 789.08 units, held directly. These stock units are scheduled to be paid out in shares on the first business day of the calendar year after her 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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 JANE

(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:

	Jane 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 Estee Lauder (EL) director Jane Lauder report in this Form 4?

Jane Lauder reported receiving 3.09 stock units as a compensation-related award. These units resulted from the reinvestment of dividend equivalents on her existing stock units, modestly increasing her deferred equity position tied to Estee Lauder Class A Common Stock.

Was Jane Lauder buying or selling Estee Lauder (EL) shares in the market?

No, Jane Lauder did not buy or sell shares in the open market. The Form 4 shows a grant of 3.09 stock units from dividend equivalent reinvestment, which is a routine, non-market, compensation-related adjustment rather than a discretionary trade.

How many Estee Lauder stock units does Jane Lauder hold after this transaction?

After this transaction, Jane Lauder holds 789.08 stock units directly. These units represent a deferred right to receive Class A Common Stock in the future, rather than currently issued common shares in a brokerage or trading account.

What are the terms of payout for Jane Lauder’s Estee Lauder stock units?

The stock units will be paid out in shares on the first business day of the calendar year after Jane Lauder’s service as a director ends. This creates a deferred equity position aligned with her tenure on Estee Lauder’s board.

How were the 3.09 new Estee Lauder stock units for Jane Lauder created?

The 3.09 new stock units resulted from reinvestment of dividend equivalents on her outstanding stock units. Instead of receiving cash dividends, those amounts were converted into additional stock units, slightly increasing her deferred equity holdings in Estee Lauder.