Estée Lauder director awarded 10.23, 8.41 units
Estee Lauder director Eric Louis Zinterhofer received additional stock units from dividend-equivalent reinvestment that will settle after his board service ends.
Rhea-AI Filing Summary
ESTEE LAUDER COMPANIES INC (EL) reported that director Eric Louis Zinterhofer received two small stock unit awards on September 15, 2026, representing reinvested dividend equivalents on outstanding stock units. He acquired 10.23 stock units designated for share payout and 8.41 stock units designated for cash payout, both tied to Class A Common Stock at $96.25 per unit. These 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, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 18.64 shares
Grant/Award
2 txns
Insider
Zinterhofer Eric Louis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units (Share Payout) F1, F2, F3 | 10.23 | $96.25 | $984.64 |
| Grant/Award | Stock Units (Cash Payout) F1, F2, F3 | 8.41 | $96.25 | $809.46 |
Holdings After Transaction:
Stock Units (Share Payout) — 2,825.06 contracts (Direct);
Stock Units (Cash Payout) — 2,321.43 contracts (Direct)
Footnotes (3)
- 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.
Key Figures
Stock Units (Share Payout) granted: 10.23 units
Stock Units (Cash Payout) granted: 8.41 units
Reference value per stock unit: $96.25 per unit
+3 more
6 metrics
Stock Units (Share Payout) granted
10.23 units
Dividend-equivalent reinvestment grant on September 15, 2026
Stock Units (Cash Payout) granted
8.41 units
Dividend-equivalent reinvestment grant on September 15, 2026
Reference value per stock unit
$96.25 per unit
Applied to both stock unit grants on September 15, 2026
Post-transaction share-payout units
2,825.06 units
Stock Units (Share Payout) directly owned after the transaction
Post-transaction cash-payout units
2,321.43 units
Stock Units (Cash Payout) directly owned after the transaction
Number of derivative transactions
2 transactions
Form 4 derivative transactions reported for September 15, 2026
Key Terms
dividend equivalents, Stock Units (Share Payout), Stock Units (Cash Payout), Class A Common Stock
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 (Cash Payout) financial
"security title is listed as Stock Units (Cash Payout)"
Class A Common Stock financial
"underlying security title is 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did EL disclose about director Eric Louis Zinterhofer in this Form 4?
EL disclosed that director Eric Louis Zinterhofer received two stock unit awards on September 15, 2026, representing reinvested dividend equivalents on outstanding stock units, split between share payout units and cash payout units tied to Class A Common Stock.
How many stock units tied to EL were granted for cash payout?
He also acquired 8.41 stock units classified as “Stock Units (Cash Payout)” at $96.25 per unit, likewise tied to EL’s Class A Common Stock. These units also represent reinvested dividend equivalents on his outstanding stock units.
When will Eric Louis Zinterhofer’s EL stock units be paid out?
The filing states that the stock units will be paid out on the first business day of the calendar year following the last date of Eric Louis Zinterhofer’s service as a director of the company, aligning settlement with the end of his board tenure.
Were these EL transactions made under a Rule 10b5-1 trading plan?
The Form 4 indicates that no Rule 10b5-1 plan is reported for these transactions. The awards are characterized as reinvestment of dividend equivalents on outstanding stock units, rather than trades executed under a pre-arranged trading plan.
What are Eric Louis Zinterhofer’s holdings after these EL stock unit awards?
After the September 15, 2026 transactions, Eric Louis Zinterhofer holds 2,825.06 stock units in the share-payout category and 2,321.43 stock units in the cash-payout category, all reported as directly owned derivative interests tied to EL Class A Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
