Estée Lauder: Continental Grain sells 2,406 shares

Paul J. Fribourg may be deemed to share voting and investment power over Continental Grain Company shares as its Executive Chairman.

Available on EDGAR 11/10/2026 - 04:11 PM EST Accepted by SEC EDGAR 11/10/2026 - 04:10 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Estée Lauder Companies Inc. director Paul J. Fribourg reported that Continental Grain Company sold 2,406 Class A common shares on November 9, 2026, in multiple open-market transactions. The weighted average price was $115.10 per share, with prices from $115.00 to $115.22. Continental Grain Company held 323,922 shares indirectly after the sale; Fribourg separately reported 4,000 shares held directly as of November 9, 2026.

Insider Trade Summary

Net Seller: 2,406 shares

Net Sell 1 txn

Insider FRIBOURG PAUL J

Role Director

Sold 2,406 shs ($277K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2, F3	2,406	$115.10	$277K
Holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 323,922 shares (Indirect, Owned by Continental Grain Company); Class A Common Stock — 4,000 shares (Direct)

Footnotes (3)

1. F1. The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.
2. F2. Sales prices range from $115.00 to $115.22 per share, inclusive.
3. F3. The shares are held by Continental Grain Company ("Company"). Mr. Fribourg may be deemed to share voting and investment power with respect to the shares held by the Company by virtue of being Executive Chairman of the Company. In addition, Mr. Fribourg is a co-trustee and in one case, a beneficiary, of various trusts established for the benefit of certain members of Mr. Fribourg's family that collectively control a majority interest in the Company. Mr. Fribourg disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.

Key Figures

Class A common shares sold: 2,406 shares Weighted average price: $115.10 per share Sale price range: $115.00 to $115.22 per share +2 more

5 metrics

Class A common shares sold 2,406 shares November 9, 2026

Weighted average price $115.10 per share Sale on November 9, 2026

Sale price range $115.00 to $115.22 per share Multiple open-market transactions

Indirect shares following transaction 323,922 shares Owned by Continental Grain Company after the sale

Direct shares held 4,000 shares Reported as of November 9, 2026

Key Terms

weighted average price, voting and investment power, pecuniary interest

3 terms

weighted average price financial

"The price reported represents the weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

voting and investment power regulatory

"may be deemed to share voting and investment power"

pecuniary interest regulatory

"does not have a pecuniary interest"

FAQ

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

How many EL shares did Continental Grain Company sell, and at what price?

Continental Grain Company sold 2,406 EL Class A common shares on November 9, 2026, at a weighted average price of $115.10 per share; individual sale prices ranged from $115.00 to $115.22. The shares were sold in multiple open-market transactions, and no Rule 10b5-1 plan is reported.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

FRIBOURG PAUL J

(Last) (First) (Middle)

C/O CONTIGROUP COMPANIES, INC.

767 FIFTH AVENUE

(Street)

NEW YORK 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)
11/09/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	11/09/2026		S		2,406	D	$115.1(1)(2)	323,922	I	Owned by Continental Grain Company(3)
Class A Common Stock								4,000	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.

2. Sales prices range from $115.00 to $115.22 per share, inclusive.

3. The shares are held by Continental Grain Company ("Company"). Mr. Fribourg may be deemed to share voting and investment power with respect to the shares held by the Company by virtue of being Executive Chairman of the Company. In addition, Mr. Fribourg is a co-trustee and in one case, a beneficiary, of various trusts established for the benefit of certain members of Mr. Fribourg's family that collectively control a majority interest in the Company. Mr. Fribourg disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.

Remarks:

	Paul J. Fribourg, by Robin Cohen, Attorney-in-fact	11/10/2026
	** 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)