Dividend equivalents add 3.09 stock units to Estee Lauder (NYSE: EL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Estee Lauder Companies director Annabelle Yu Long reported a compensation-related share accrual rather than an open-market trade. She acquired 3.090 stock units tied to Class A Common Stock at a reference value of $88.76 per share through reinvestment of dividend equivalents on existing stock units.
Following this grant, her directly held stock unit balance increased to 789.080 units. The filing notes that these stock units will be paid out in shares on the first business day of the calendar year after she finishes serving as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Long Annabelle Yu
Role
Director
| 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 insider transaction did Estee Lauder (EL) director Annabelle Yu Long report?
Annabelle Yu Long reported receiving 3.090 stock units linked to Estee Lauder Class A Common Stock. The units came from reinvestment of dividend equivalents on existing stock units, increasing her directly held balance to 789.080 stock units after the transaction.
Was Annabelle Yu Long’s Form 4 transaction in Estee Lauder (EL) a market buy or sell?
The Form 4 shows a grant-type acquisition, not an open-market buy or sell. Code A indicates a grant or award, reflecting 3.090 stock units from dividend equivalent reinvestment, which raised her stock unit holdings to 789.080 units after the transaction.
How many Estee Lauder (EL) stock units does Annabelle Yu Long hold after this filing?
After this transaction, Annabelle Yu Long holds 789.080 stock units directly. This total includes the additional 3.090 stock units received through reinvestment of dividend equivalents on outstanding stock units, as reported in the Form 4 filing’s post-transaction balance.
What are the key terms of Annabelle Yu Long’s stock units in Estee Lauder (EL)?
The stock units are payable in Class A Common Stock and were acquired at a reference price of $88.76 per share. According to the filing, payout occurs on the first business day of the calendar year after she ceases serving as a company director.
How will Annabelle Yu Long’s Estee Lauder (EL) stock units be settled in the future?
The filing states that the stock units will be paid out in shares on the first business day of the calendar year following the last date of her service as a director, aligning settlement timing with the end of her board tenure.