Estée Lauder director sells 3,775 shares

Q: What did EL director Charlene Barshefsky report on this Form 4?

Charlene Barshefsky reported that a family trust exercised 4,697 stock options for Estee Lauder Class A Common Stock at $78.36 per share on September 9, 2026, and then sold 3,775 shares at $98.82 per share, all reported as indirect transactions.

Q: How many Estee Lauder (EL) shares were sold in the reported transaction?

The filing reports the sale of 3,775 shares of Estee Lauder Class A Common Stock on September 9, 2026, at a price of $98.82 per share, through a family trust associated with director Charlene Barshefsky.

Q: What option exercise did the EL Form 4 disclose?

A family trust exercised 4,697 stock options for Estee Lauder Class A Common Stock at an exercise price of $78.36 per share. These options were originally granted under a Non-employee Director Share Incentive Plan and had an expiration date of November 11, 2026.

Q: What are Charlene Barshefsky’s indirect holdings in EL after these transactions?

Reported indirect holdings after the transactions include 29,950 shares of Estee Lauder Class A Common Stock held by a spousal family trust and 50 shares held by a spouse. The option position linked to this exercise shows 0 options remaining.

Q: How are the EL shares characterized in terms of ownership on this Form 4?

All reported positions are characterized as indirect ownership, including shares and options held by a family trust, a spousal family trust, and a spouse. Footnotes state the spouse is a trustee and descendants are trustees and beneficiaries of certain trusts.

Estee Lauder director Charlene Barshefsky exercised options and sold part of the resulting shares through family trusts, while maintaining indirect shareholdings.

Filing Impact

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

ESTEE LAUDER COMPANIES INC (EL) director Charlene Barshefsky reported an option exercise and related share sale through family trusts on September 9, 2026. A family trust exercised stock options for 4,697 Class A Common shares at an exercise price of $78.36 per share and then sold 3,775 shares at $98.82 per share. After these transactions, indirect holdings reported include 29,950 Class A Common shares held by a spousal family trust and 50 shares held by a spouse, and no options from this grant remain outstanding. No Rule 10b5-1 trading plan is indicated.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider BARSHEFSKY CHARLENE

Role Director

Sold 3,775 shs ($373K)

Approx. gross sale proceeds $373K

Approx. exercise cost $368K

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy) ^{F3, F4, F1}	4,697	--	--
Exercise	Class A Common Stock ^F1	4,697	$78.36	$368K
Sale	Class A Common Stock ^F1	3,775	$98.82	$373K
holding	Class A Common Stock ^F2	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 0 contracts (Indirect, by a family trust); Class A Common Stock — 50,970.528 shares (Indirect, by a family trust); Class A Common Stock — 29,950 shares (Indirect, by a spousal family trust); Class A Common Stock — 50 shares (Indirect, by spouse)

Footnotes (4)

F1. Spouse of the Reporting Person is a trustee.
F2. Reporting Person's descendants are trustees and beneficiaries.
F3. Stock Options granted to the Reporting Person pursuant to the Issuer's Non-employee Director Share Incentive Plan and previously transferred to a family trust.
F4. Not Applicable.

Key Figures

Options exercised: 4,697 shares Exercise price: $78.36 per share Shares sold: 3,775 shares +4 more

7 metrics

Options exercised 4,697 shares Stock options exercised into Class A Common Stock on September 9, 2026

Exercise price $78.36 per share Exercise price of stock options converted into Class A Common Stock

Shares sold 3,775 shares Class A Common Stock sold on September 9, 2026

Sale price $98.82 per share Per-share price for the 3,775 Class A Common shares sold

Spousal family trust holdings 29,950 shares Indirect Class A Common Stock holdings by a spousal family trust after transactions

Spouse holdings 50 shares Indirect Class A Common Stock holdings by spouse after transactions

Option expiration date November 11, 2026 Expiration date of the stock options that were exercised

Key Terms

Stock Option (Right to Buy), Class A Common Stock, Non-employee Director Share Incentive Plan, indirect ownership, +1 more

5 terms

Stock Option (Right to Buy) financial

"security title is listed as Stock Option (Right to Buy) for the derivative"

Class A Common Stock financial

"underlying security title and non-derivative security are Class A Common Stock"

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.

indirect ownership financial

"ownership type for these holdings is reported as indirect via trusts or spouse"

family trust financial

"nature of ownership describes shares and options held by a family trust"

FAQ

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

What did EL director Charlene Barshefsky report on this Form 4?

Charlene Barshefsky reported that a family trust exercised 4,697 stock options for Estee Lauder Class A Common Stock at $78.36 per share on September 9, 2026, and then sold 3,775 shares at $98.82 per share, all reported as indirect transactions.

How many Estee Lauder (EL) shares were sold in the reported transaction?

The filing reports the sale of 3,775 shares of Estee Lauder Class A Common Stock on September 9, 2026, at a price of $98.82 per share, through a family trust associated with director Charlene Barshefsky.

What option exercise did the EL Form 4 disclose?

A family trust exercised 4,697 stock options for Estee Lauder Class A Common Stock at an exercise price of $78.36 per share. These options were originally granted under a Non-employee Director Share Incentive Plan and had an expiration date of November 11, 2026.

What are Charlene Barshefsky’s indirect holdings in EL after these transactions?

Reported indirect holdings after the transactions include 29,950 shares of Estee Lauder Class A Common Stock held by a spousal family trust and 50 shares held by a spouse. The option position linked to this exercise shows 0 options remaining.

Were the EL transactions made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, indicating that no Rule 10b5-1 trading plan is reported for these Estee Lauder transactions.

How are the EL shares characterized in terms of ownership on this Form 4?

All reported positions are characterized as indirect ownership, including shares and options held by a family trust, a spousal family trust, and a spouse. Footnotes state the spouse is a trustee and descendants are trustees and beneficiaries of certain trusts.

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

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Available on EDGAR 09/10/2026 - 04:43 PM EDT Accepted by SEC EDGAR 09/10/2026 - 04:42 PM EDT

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^*

BARSHEFSKY CHARLENE

(Last)

(First)

(Middle)

C/O THE ESTEE LAUDER COMPANIES INC.

767 FIFTH AVENUE

(Street)

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)
09/09/2026

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)
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	09/09/2026		M		4,697	A	$78.36	54,745.528	I	by a family trust⁽¹⁾
Class A Common Stock	09/09/2026		S		3,775	D	$98.82	50,970.528	I	by a family trust⁽¹⁾
Class A Common Stock								29,950	I	by a spousal family trust⁽²⁾
Class A Common Stock								50	I	by spouse

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)
Stock Option (Right to Buy)⁽³⁾	$78.36	09/09/2026		M			4,697	11/11/2017	11/11/2026	Class A Common Stock	4,697	⁽⁴⁾	0	I	by a family trust⁽¹⁾

Explanation of Responses:

1. Spouse of the Reporting Person is a trustee.

2. Reporting Person's descendants are trustees and beneficiaries.

3. Stock Options granted to the Reporting Person pursuant to the Issuer's Non-employee Director Share Incentive Plan and previously transferred to a family trust.

4. Not Applicable.

Remarks:

	Charlene Barshefsky, by Robin Cohen, Attorney-in-fact	09/10/2026
	** 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)

Source: View Original Filing on SEC EDGAR