Estée Lauder director gets 15.56 dividend units

Estee Lauder director Arturo Nunez received additional stock units from dividend-equivalent reinvestment, modestly increasing his deferred equity position.

Rhea-AI Filing Summary

ESTEE LAUDER COMPANIES INC (symbol: EL) is the issuer of record for a Form 4 filing submitted to the SEC. Nunez Arturo reported acquisition or exercise transactions in this Form 4 filing.

ESTEE LAUDER COMPANIES INC (EL) reported that director Arturo Nunez received an award of 15.56 stock units linked to Class A Common Stock on September 15, 2026, representing reinvested dividend equivalents on outstanding stock units. Following this award, he holds a total of 4,295.82 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. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 15.56 shares

Grant/Award 1 txn

Insider Nunez Arturo

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units (Share Payout) F1, F2, F3	15.56	$96.25	$1K

Holdings After Transaction: Stock Units (Share Payout) — 4,295.82 contracts (Direct)

Footnotes (3)

1. F1. Not applicable.
2. F2. Represents reinvestment of dividend equivalents on outstanding stock units.
3. F3. 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.

Key Figures

Stock units granted: 15.56 stock units Post-transaction stock unit holdings: 4,295.82 stock units Reference value per stock unit: $96.25 per unit

3 metrics

Stock units granted 15.56 stock units Dividend-equivalent reinvestment granted on September 15, 2026

Post-transaction stock unit holdings 4,295.82 stock units Total stock units held by Arturo Nunez after the September 15, 2026 award

Reference value per stock unit $96.25 per unit Reporting value used for the 15.56 stock units granted on September 15, 2026

Key Terms

dividend equivalents, stock units, Class A Common Stock

3 terms

dividend equivalents financial

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

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

stock units financial

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

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

Class A Common Stock financial

"The stock units relate to Class A Common Stock and are paid out in shares."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Estee Lauder (EL) disclose for director Arturo Nunez?

The company disclosed that director Arturo Nunez received 15.56 stock units tied to Class A Common Stock on September 15, 2026, as a grant representing reinvested dividend equivalents on his outstanding stock units.

How many Estee Lauder (EL) stock units does Arturo Nunez hold after this transaction?

After the transaction, Arturo Nunez holds 4,295.82 stock units in total. These units are deferred and are scheduled to be settled in shares after his service as a director ends.

What was the reference value per stock unit in the Estee Lauder (EL) Form 4?

The reported reference value for the September 15, 2026 award was $96.25 per stock unit. This value is used for reporting purposes for the 15.56 stock units granted as dividend-equivalent reinvestment.

Are Arturo Nunez’s new Estee Lauder (EL) stock units immediately payable in shares?

No. The filing states the stock units will be paid out in shares on the first business day of the calendar year following the last date of Arturo Nunez’s service as a director.

Was the Estee Lauder (EL) insider transaction by Arturo Nunez under a Rule 10b5-1 plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported in connection with this dividend-equivalent stock unit award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/16/2026 - 04:53 PM Accepted by SEC EDGAR 09/16/2026 - 04:53 PM Learn about SEC filing dates

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^*

Nunez Arturo

(Last) (First) (Middle)

C/O THE ESTEE LAUDER COMPANIES INC.

767 FIFTH AVENUE

(Street)

NEW YORK NEW YORK 10153

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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)	09/15/2026		A(2)		15.56		(3)	(3)	Class A Common Stock	15.56	$96.25	4,295.82	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:

	Arturo Nunez, by Robin Cohen, Attorney-in-fact	09/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)