[Form 4] ESTEE LAUDER COMPANIES INC Insider Trading Activity

Rhea-AI Filing Summary

Estée Lauder (EL) reported an insider equity award. On 11/13/2025, director Eric Louis Zinterhofer received grants under the Amended and Restated Non‑Employee Director Share Incentive Plan.

The awards include a stock option for 2,780 Class A shares at an exercise price of $89.92, exercisable beginning 11/13/2026 and expiring 11/13/2035. He also received 2,000 stock units (share payout) and 783.28 additional stock units, each convertible 1:1 into Class A Common Stock, payable after his board service ends. In lieu of cash retainers, he was granted 300.26 stock units designated for cash payout, valued on a 1:1 basis to a Class A share.

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^*

Zinterhofer Eric Louis

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

3. Date of Earliest Transaction (Month/Day/Year)
11/13/2025

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 Option (Right to Buy)(1)	$89.92	11/13/2025		A		2,780		11/13/2026	11/13/2035	Class A Common Stock	2,780	$0	2,780	D
Stock Units (Share Payout)(1)	(2)	11/13/2025		A		783.28		(3)	(3)	Class A Common Stock	783.28	$0	783.28	D
Stock Units (Share Payout)(4)	(2)	11/13/2025		A		2,000		(3)	(3)	Class A Common Stock	2,000	$0	2,783.28	D
Stock Units (Cash Payout)(5)	(6)	11/13/2025		A		300.26		(7)	(7)	Class A Common Stock	300.26	$0	1,383.35	D

Explanation of Responses:

1. Granted pursuant to the Issuer's Amended and Restated Non-Employee Director Share Incentive Plan.

2. Each stock unit (share payout) is convertible into one share of Class A Common Stock (i.e. 1:1).

3. The Stock Units (share payout) 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.

4. Initial Equity Grant for New Non-employee Directors granted pursuant to the Issuer's Amended and Restated Non-Employee Director Share Incentive Plan.

5. Represents grant of Stock Units in lieu of cash for quarterly board and committee member retainers.

6. Each stock unit (cash payout) is convertible into cash equal to the value of one share of Class A Common Stock (i.e. 1:1).

7. The Stock Units (cash payout) 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:

	Eric Louis Zinterhofer, by Spencer G. Smul, Attorney-in-fact	11/14/2025
	** 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 Estée Lauder (EL) disclose in this Form 4?

A director, Eric Louis Zinterhofer, reported equity grants including options and stock units awarded on 11/13/2025.

How many options were granted and at what price?

He received a stock option for 2,780 Class A shares at an exercise price of $89.92.

When do the options become exercisable and when do they expire?

They are exercisable beginning 11/13/2026 and expire on 11/13/2035.

What stock units (share payout) were granted?

He was granted 2,000 stock units and 783.28 additional stock units, each convertible 1:1 into Class A Common Stock.

When are the stock units (share payout) delivered?

They are paid out the first business day of the calendar year following the last date of his service as a director.

What are the stock units (cash payout)?

He received 300.26 stock units in lieu of cash retainers, payable in cash equal to the value of one Class A share per unit (1:1).

Under what plan were these awards granted?

They were granted under the Issuer’s Amended and Restated Non‑Employee Director Share Incentive Plan.