Jane Lauder (NYSE: EL) receives additional stock units via dividends
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LAUDER JANE
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units (Share Payout) | 3.09 | $88.76 | $274.27 |
Holdings After Transaction:
Stock Units (Share Payout) — 789.08 shares (Direct)
Footnotes (1)
- Not applicable. Represents reinvestment of dividend equivalents on outstanding stock units. 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.
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.
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.