Estée Lauder director adds 49.79 stock units
Estee Lauder director Richard F. Zannino accrued additional stock units from dividend-equivalent reinvestment, held both directly and via a family LLC.
Rhea-AI Filing Summary
ESTEE LAUDER COMPANIES INC (EL) director Richard F. Zannino reported the grant of additional stock units on September 15, 2026, representing reinvested dividend equivalents on his outstanding stock units. He acquired 10.89 stock units held directly and 38.90 stock units held indirectly through an LLC owned by family trusts. These stock units are payable in Class A Common Stock on the first business day of the calendar year after his service as a director ends, and there is no Rule 10b5-1 trading plan reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 49.79 shares
Grant/Award
2 txns
Insider
ZANNINO RICHARD F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units (Share Payout) F1, F2, F3 | 10.89 | $96.25 | $1K |
| Grant/Award | Stock Units (Share Payout) F1, F2, F3, F4 | 38.9 | $96.25 | $4K |
Holdings After Transaction:
Stock Units (Share Payout) — 3,006.02 contracts (Direct);
Stock Units (Share Payout) — 10,736.66 contracts (Indirect, by LLC)
Footnotes (4)
- F1. Not applicable.
- F2. Represents reinvestment of dividend equivalents on outstanding stock units.
- F3. 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.
- F4. Limited Liability Company ("LLC") owned by trusts for the benefit of members of the Reporting Person's family. The Reporting Person has investment power over the securities of the Issuer held by the LLC.
Key Figures
Direct stock units acquired: 10.89 stock units
Indirect stock units acquired: 38.90 stock units
Per-unit value: $96.25 per stock unit
+2 more
5 metrics
Direct stock units acquired
10.89 stock units
Reinvestment of dividend equivalents on September 15, 2026
Indirect stock units acquired
38.90 stock units
Reinvestment of dividend equivalents via LLC on September 15, 2026
Per-unit value
$96.25 per stock unit
Applied to both direct and indirect stock unit acquisitions
Direct stock units after transaction
3,006.02 stock units
Direct holdings following the dividend-equivalent reinvestment
Indirect stock units after transaction
10,736.66 stock units
Indirect holdings through family-owned LLC after the transaction
Key Terms
dividend equivalents, stock units, Limited Liability Company, indirect ownership
4 terms
dividend equivalents financial
"Represents reinvestment of dividend equivalents on outstanding stock units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
stock units financial
"Represents reinvestment of dividend equivalents on outstanding stock units."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
Limited Liability Company financial
"Limited Liability Company ("LLC") owned by trusts for the benefit"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
indirect ownership financial
"Indirect ownership noted as by LLC for certain stock units"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did EL director Richard F. Zannino report in this Form 4?
He reported an acquisition of stock units on September 15, 2026, from reinvested dividend equivalents on existing stock units, held both directly and indirectly through a family-owned LLC.
How many stock units did Richard F. Zannino acquire in total for EL?
He acquired 10.89 stock units directly and 38.90 stock units indirectly through an LLC, for a combined 49.79 stock units tied to Estee Lauder Class A Common Stock.
What is the payout timing of Richard F. Zannino’s EL stock units?
The filing states the stock units will be paid out on the first business day of the calendar year following the last date of his service as a director of the company.
What is the reported value per stock unit in Richard F. Zannino’s EL Form 4?
Each stock unit in the reported transactions is shown with a value of $96.25 per unit, applied to both the directly and indirectly held stock units.
How many stock units does Richard F. Zannino hold after these EL transactions?
After the transactions, he holds 3,006.02 stock units directly and 10,736.66 stock units indirectly through an LLC, all tied to Estee Lauder Class A Common Stock.
Were Richard F. Zannino’s EL transactions under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is unchecked, and there is no footnote indicating that these transactions were made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
