Estee Lauder Form 4: 10,984 RSU shares; 6,077 withheld

Q: What did EL's Jane Hertzmark Hudis report on Form 4?

She reported RSU vesting that delivered 10,984 shares and a tax withholding of 6,077 shares at $94.87 on 11/03/2025.

Q: How many EL shares does she own after the transactions?

She beneficially owned 27,385 Class A shares directly after the reported transactions.

Q: What was the price used for the tax withholding?

The tax withholding was recorded at $94.87 per share.

Q: What RSUs remain outstanding for the reporting person?

Outstanding RSUs total 2,973 (expiring 11/02/2026) and 11,908 (expiring 11/01/2027), each settling one-for-one in Class A shares.

Q: What is the executive’s role at Estee Lauder (EL)?

She is an Officer, serving as Executive Vice President & Chief Business Officer.

Estee Lauder (EL) executive reports Form 4 activity.

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Form Type

Rhea-AI Filing Summary

Estee Lauder (EL) executive reports Form 4 activity. On 11/03/2025, Exec VP & CBO Jane Hertzmark Hudis received 10,984 shares of Class A Common Stock from RSU vesting (code M) and had 6,077 shares withheld to satisfy taxes (code F) at $94.87 per share. Following these transactions, she beneficially owned 27,385 shares directly.

The filing shows remaining RSU awards outstanding of 2,973 shares (expiring 11/02/2026) and 11,908 shares (expiring 11/01/2027), which settle one-for-one in Class A shares upon vesting.

Insider Trade Summary

10,984 shares exercised/converted

Exercise 5 txns

Insider Hertzmark Hudis Jane

Role Exec VP & CBO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (Share Payout)	2,058	$0.00	$0.00
Exercise	Restricted Stock Units (Share Payout)	2,973	$0.00	$0.00
Exercise	Restricted Stock Units (Share Payout)	5,953	$0.00	$0.00
Exercise	Class A Common Stock	10,984	$0.00	$0.00
Exercise Price or Tax Liability	Class A Common Stock	6,077	$94.87	$577K

Holdings After Transaction: Restricted Stock Units (Share Payout) — 14,881 contracts (Direct); Class A Common Stock — 27,385 shares (Direct)

Footnotes (7)

F1. Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 6, 2022; August 28, 2023; and August 27, 2024.
F2. Not applicable.
F3. Represents the withholding of shares for tax purposes.
F4. RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. RSUs generally vest in three approximately equal installments unless otherwise indicated. Upon payout, shares are withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares.
F5. Annual RSUs granted September 6, 2022.
F6. Annual RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,973 on November 2, 2026.
F7. Annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 5,954 on November 2, 2026; and 5,954 on November 1, 2027.

FAQ

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

What did EL's Jane Hertzmark Hudis report on Form 4?

She reported RSU vesting that delivered 10,984 shares and a tax withholding of 6,077 shares at $94.87 on 11/03/2025.

How many EL shares does she own after the transactions?

She beneficially owned 27,385 Class A shares directly after the reported transactions.

What was the price used for the tax withholding?

The tax withholding was recorded at $94.87 per share.

What RSUs remain outstanding for the reporting person?

Outstanding RSUs total 2,973 (expiring 11/02/2026) and 11,908 (expiring 11/01/2027), each settling one-for-one in Class A shares.

What is the executive’s role at Estee Lauder (EL)?

She is an Officer, serving as Executive Vice President & Chief Business Officer.

What transaction codes appeared on the Form 4?

Code M for RSU share payout upon vesting and code F for shares withheld to cover taxes.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 11/05/2025 - 10:32 AM

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^*

Hertzmark Hudis Jane

(Last)

(First)

(Middle)

THE ESTEE LAUDER COMPANIES INC.

767 FIFTH AVENUE

(Street)

NEW YORK

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Exec VP & CBO

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	11/03/2025		M⁽¹⁾		10,984	A	⁽²⁾	33,462	D
Class A Common Stock	11/03/2025		F⁽³⁾		6,077	D	$94.87	27,385	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (Share Payout)⁽⁴⁾	⁽²⁾	11/03/2025		M			2,058	⁽⁵⁾	11/03/2025	Class A Common Stock	2,058	⁽²⁾	0	D
Restricted Stock Units (Share Payout)⁽⁴⁾	⁽²⁾	11/03/2025		M			2,973	⁽⁶⁾	11/02/2026	Class A Common Stock	2,973	⁽²⁾	2,973	D
Restricted Stock Units (Share Payout)⁽⁴⁾	⁽²⁾	11/03/2025		M			5,953	⁽⁷⁾	11/01/2027	Class A Common Stock	5,953	⁽²⁾	11,908	D

Explanation of Responses:

1. Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 6, 2022; August 28, 2023; and August 27, 2024.

2. Not applicable.

3. Represents the withholding of shares for tax purposes.

4. RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. RSUs generally vest in three approximately equal installments unless otherwise indicated. Upon payout, shares are withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares.

5. Annual RSUs granted September 6, 2022.

6. Annual RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,973 on November 2, 2026.

7. Annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 5,954 on November 2, 2026; and 5,954 on November 1, 2027.

Remarks:

	Jane Hertzmark Hudis, by Spencer G. Smul, attorney-in-fact	11/04/2025
	** 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.

Source: View Original Filing on SEC EDGAR