Estée Lauder awards exec 8.9K RSUs, 32K options
ESTEE LAUDER COMPANIES INC (EL) reported equity awards to executive officer Roberto Canevari.
Rhea-AI Filing Summary
ESTEE LAUDER COMPANIES INC (EL) reported equity awards to executive officer Roberto Canevari. He received 8,869 Restricted Stock Units, each settling one share of Class A Common Stock, generally vesting in three installments through November 1, 2029, with shares withheld to cover taxes. He was also granted 32,320 stock options at an exercise price of $106.21 per share, becoming exercisable in three tranches from November 1, 2027 through November 1, 2029 and expiring August 27, 2036. All positions are reported as held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 41,189 shares
Grant/Award
2 txns
Insider
Canevari Roberto
Role
Exec VP & CVCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Share Payout) F1, F2, F3 | 8,869 | -- | -- |
| Grant/Award | Stock Option (Right to Buy) F2, F4 | 32,320 | -- | -- |
Holdings After Transaction:
Restricted Stock Units (Share Payout) — 8,869 contracts (Direct);
Stock Option (Right to Buy) — 32,320 contracts (Direct)
Footnotes (4)
- F1. Restricted Stock Units ("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.
- F2. Not applicable.
- F3. RSUs granted August 27, 2026. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,956 on November 1, 2027; 2,956 on November 1, 2028; and 2,957 on November 1, 2029.
- F4. Stock options granted pursuant to The Estee Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan in respect of: 10,773 shares exercisable from and after November 1, 2027; 10,773 shares exercisable from and after November 1, 2028; and 10,774 shares exercisable from and after November 1, 2029.
Key Figures
RSUs granted: 8,869 RSUs
Stock options granted: 32,320 options
Option exercise price: $106.21 per share
+5 more
8 metrics
RSUs granted
8,869 RSUs
Restricted Stock Units granted August 27, 2026 to Roberto Canevari
Stock options granted
32,320 options
Stock Option (Right to Buy) grant on August 27, 2026
Option exercise price
$106.21 per share
Exercise price for 32,320 stock options
RSU vesting 2027
2,956 shares
RSUs vesting and paid out November 1, 2027, assuming continued employment
RSU vesting 2028
2,956 shares
RSUs vesting and paid out November 1, 2028, assuming continued employment
RSU vesting 2029
2,957 shares
RSUs vesting and paid out November 1, 2029, assuming continued employment
Options exercisable 2027
10,773 options
Portion of stock options exercisable from and after November 1, 2027
Options expiration
August 27, 2036
Expiration date for the 32,320 stock options granted
Key Terms
Restricted Stock Units, dividend equivalent rights, Stock Option (Right to Buy), Share Incentive Plan
4 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") vest and are paid out in shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"RSUs are accompanied by dividend equivalent rights payable in cash"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) granted pursuant to The Estee Lauder"
FAQ
What equity awards did EL grant to Roberto Canevari in this Form 4?
Roberto Canevari received 8,869 RSUs settling in Class A shares and 32,320 stock options with a $106.21 exercise price, all reported as directly owned.
How do the 8,869 EL RSUs granted to Roberto Canevari vest?
The 8,869 RSUs granted August 27, 2026 vest and pay out as Class A shares in three installments: 2,956 on November 1, 2027; 2,956 on November 1, 2028; and 2,957 on November 1, 2029.
What are the terms of Roberto Canevari’s EL stock options reported here?
He was granted 32,320 stock options at an exercise price of $106.21 per share. Tranches of 10,773, 10,773, and 10,774 options become exercisable from and after November 1, 2027, 2028, and 2029, respectively, and expire on August 27, 2036.
How are taxes handled on Roberto Canevari’s EL RSU payouts?
Upon payout of the RSUs, shares are withheld to cover statutory tax obligations. RSUs are also accompanied by dividend equivalent rights payable in cash at the time of payout of the related shares.
Does this EL Form 4 indicate any stock sales by Roberto Canevari?
No. The Form 4 reports two acquisition transactions: a grant of 8,869 RSUs and a grant of 32,320 stock options, with no sales or dispositions reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
