STOCK TITAN

Estee Lauder (NYSE: EL) awards options and RSUs to top executive

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lammers Hendrik Rene reported acquisition or exercise transactions in this Form 4 filing.

Estee Lauder Companies reported that executive officer Hendrik Rene Lammers received new equity awards. On February 26, 2026, he was granted options for 28,156 shares at no cost as a grant. According to the plan terms, 9,385 options become exercisable from and after February 26, 2027, 9,385 from and after February 28, 2028, and 9,386 from and after February 28, 2029.

He was also granted 7,507 Restricted Stock Units (RSUs) that vest and pay out in Class A shares on a one-to-one basis, generally in three installments, with shares withheld at payout to cover statutory taxes and accompanied by dividend equivalent rights payable in cash. A further 13,405 non-annual RSUs granted on February 26, 2026 will, assuming continued employment, vest and pay out as 2,502 and 4,468 RSUs on February 26, 2027, 2,502 and 4,468 on February 28, 2028, and 2,503 and 4,469 on February 28, 2029.

Positive

  • None.

Negative

  • None.
Insider Lammers Hendrik Rene
Role EVP & CR&IO
Type Security Shares Price Value
Grant/Award Option (Right to Buy) 28,156 $0.00 --
Grant/Award Restricted Stock Units (Share Payout) 7,507 $0.00 --
Grant/Award Restricted Stock Units (Share Payout) 13,405 $0.00 --
Holdings After Transaction: Option (Right to Buy) — 28,156 shares (Direct); Restricted Stock Units (Share Payout) — 7,507 shares (Direct)
Footnotes (1)
  1. Stock options granted pursuant to The Estee Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan in respect of: 9,385 shares exercisable from and after February 26, 2027; 9,385 shares exercisable from and after February 28, 2028; and 9,386 shares exercisable from and after February 28, 2029. Not applicable. Restricted Stock Units ("RSUs") vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. RSUs generally vest in three approximately equal installments unless otherwise indicated. Upon payout, shares are withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares. RSUs granted February 26, 2026. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,502 on February 26, 2027; 2,502 on February 28, 2028; and 2,503 on February 28, 2029. Non-annual RSUs granted February 26, 2026. Assuming continued employment, these RSUs will vest and be paid out as follows: 4,468 on February 26, 2027; 4,468 on February 28, 2028; and 4,469 on February 28, 2029.
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
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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*
Lammers Hendrik Rene

(Last) (First) (Middle)
C/O THE ESTEE LAUDER COMPANIES INC.
767 FIFTH AVENUE

(Street)
NEW YORK NY 10153

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CR&IO
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
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
Option (Right to Buy) $111.9 02/26/2026 A 28,156 02/26/2027(1) 02/26/2036 Class A Common Stock 28,156 (2) 28,156 D
Restricted Stock Units (Share Payout)(3) (2) 02/26/2026 A 7,507 02/26/2027(4) 02/26/2029 Class A Common Stock 7,507 (2) 7,507 D
Restricted Stock Units (Share Payout)(3) (2) 02/26/2026 A 13,405 02/26/2027(5) 02/26/2029 Class A Common Stock 13,405 (2) 13,405 D
Explanation of Responses:
1. Stock options granted pursuant to The Estee Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan in respect of: 9,385 shares exercisable from and after February 26, 2027; 9,385 shares exercisable from and after February 28, 2028; and 9,386 shares exercisable from and after February 28, 2029.
2. Not applicable.
3. Restricted Stock Units ("RSUs") vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. RSUs generally vest in three approximately equal installments unless otherwise indicated. Upon payout, shares are withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares.
4. RSUs granted February 26, 2026. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,502 on February 26, 2027; 2,502 on February 28, 2028; and 2,503 on February 28, 2029.
5. Non-annual RSUs granted February 26, 2026. Assuming continued employment, these RSUs will vest and be paid out as follows: 4,468 on February 26, 2027; 4,468 on February 28, 2028; and 4,469 on February 28, 2029.
Remarks:
Henrik Rene Lammers, by Annalisa Loeffler, attorney-in-fact 03/02/2026
** 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.

FAQ

What did Estee Lauder (EL) disclose in this Form 4 for Hendrik Rene Lammers?

The filing shows Hendrik Rene Lammers received equity awards, including stock options and restricted stock units on February 26, 2026. These grants are part of Estee Lauder’s share incentive plans and vest over several years, rewarding ongoing service.

How many stock options were granted to Hendrik Rene Lammers by Estee Lauder (EL)?

He was granted options for 28,156 shares at no cost as a grant. The options become exercisable in three tranches: 9,385 shares each in 2027 and 2028, and 9,386 shares in 2029, under the company’s share incentive plan.

What restricted stock unit (RSU) awards did Estee Lauder (EL) grant in this Form 4?

Lammers received 7,507 RSUs and a separate 13,405 non-annual RSU grant. Each RSU converts into one Class A share at vesting, generally in three installments, subject to continued employment, providing long-term stock-based compensation.

How do the RSUs for Estee Lauder (EL) executive Hendrik Rene Lammers vest?

The RSUs generally vest in three roughly equal installments. Footnotes state specific schedules, including payouts on February 26, 2027, February 28, 2028, and February 28, 2029, conditioned on continued employment with the company.

Do the Estee Lauder (EL) RSUs for Hendrik Rene Lammers include dividend equivalents?

Yes. The RSUs are accompanied by dividend equivalent rights, payable in cash when the related shares are paid out. This means he receives cash amounts mirroring dividends that would have been paid on the underlying shares during the vesting period.

How are taxes handled on the Estee Lauder (EL) RSUs granted to Hendrik Rene Lammers?

Upon payout of vested RSUs, shares are withheld to cover statutory tax obligations. Instead of paying cash for taxes, a portion of the shares otherwise deliverable is retained to satisfy required withholding amounts.