Estee Lauder (NYSE: EL) director reports 15.11 new stock units

Rhea-AI Filing Summary

Estee Lauder Companies director Jennifer Hyman reported a routine update to her deferred stock-based compensation. On December 15, 2025, 15.11 stock units were credited to her account through the reinvestment of dividend equivalents on her outstanding stock units at a price of $101.03 per unit.

After this transaction, she beneficially owns 4,376.19 stock units, each linked to shares of Class A Common Stock. These stock units will be paid out on the first business day of the calendar year following the last date of her service as a director.

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

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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^*

Hyman Jennifer

(Last) (First) (Middle)

C/O RENT THE RUNWAY, INC.

10 JAY STREET

(Street)

BROOKLYN NY 11201

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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
Stock Units (Share Payout)	(1)	12/15/2025		A(2)		15.11		(3)	(3)	Class A Common Stock	15.11	$101.03	4,376.19	D

Explanation of Responses:

1. Not applicable.

2. Represents reinvestment of dividend equivalents on outstanding stock units.

3. 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.

Remarks:

	Jennifer Hyman, by Spencer G. Smul, Attorney-in-fact	12/16/2025
	** 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.

FAQ

What insider transaction did Estee Lauder (EL) director Jennifer Hyman report?

Director Jennifer Hyman reported the crediting of 15.11 stock units to her deferred compensation account. These units were added through the reinvestment of dividend equivalents on her existing stock units.

When did Jennifer Hyman’s reported stock unit transaction at Estee Lauder (EL) occur?

The transaction occurred on December 15, 2025, as shown in the derivative securities table for the stock units.

How many stock units does Jennifer Hyman beneficially own in Estee Lauder after this filing?

Following the reported transaction, Jennifer Hyman beneficially owns 4,376.19 stock units, reported as directly held derivative securities.

What is the nature of the derivative securities reported by Jennifer Hyman at Estee Lauder?

The derivative securities are stock units (share payout) that are tied to Class A Common Stock. They represent a right to receive shares rather than immediate stock ownership.

How and when will Jennifer Hyman’s Estee Lauder stock units be paid out?

According to the notes, the stock units will be paid out on the first business day of the calendar year following the last date of Jennifer Hyman’s service as a director of the company.

What does the filing say about the 15.11 stock units acquired by Jennifer Hyman?

The filing states that the 15.11 stock units reported represent the reinvestment of dividend equivalents on outstanding stock units, rather than a cash purchase on the open market.