Estée Lauder director acquires 2.88 stock units

Director and ten percent owner William P. Lauder received additional stock units from dividend-equivalent reinvestment tied to Estee Lauder Class A shares.

Rhea-AI Filing Summary

ESTEE LAUDER COMPANIES INC (EL) reported that director and ten percent owner William P. Lauder acquired 2.88 stock units on September 15, 2026 as a grant classified as a derivative award. These units reflect reinvestment of dividend equivalents on his outstanding stock units and are linked to Class A Common Stock.

Following this transaction, Lauder directly holds 795.02 stock units. The stock units will be paid out in shares on the first business day of the calendar year after his service as a director ends. No Rule 10b5-1 trading plan is reported for this award.

Insider Trade Summary

Grant/Award: 2.88 shares

Grant/Award 1 txn

Insider Lauder William P

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Grant/Award	Stock Units (Share Payout) F1, F2, F3	2.88	$96.25	$277.20

Holdings After Transaction: Stock Units (Share Payout) — 795.02 contracts (Direct)

Footnotes (3)

1. F1. Not applicable
2. F2. Represents reinvestment of dividend equivalents on outstanding stock units.
3. 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 acquired: 2.88 units Reference value per unit: $96.25 per unit Stock units held after transaction: 795.02 units +1 more

4 metrics

Stock units acquired 2.88 units Grant classified as Stock Units (Share Payout) on September 15, 2026

Reference value per unit $96.25 per unit Filed as transaction price per stock unit

Stock units held after transaction 795.02 units Direct holdings of stock units following September 15, 2026 grant

Underlying security shares 2.88 shares Class A Common Stock underlying the new stock units

Key Terms

Stock Units (Share Payout), dividend equivalents, Class A Common Stock

3 terms

Stock Units (Share Payout) financial

"The security title is listed as Stock Units (Share Payout)."

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.

Class A Common Stock financial

"The 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 insider transaction did EL director William P. Lauder report?

William P. Lauder reported an acquisition of 2.88 stock units on September 15, 2026. The award is categorized as a derivative grant and represents reinvestment of dividend equivalents on his existing stock units tied to Estee Lauder’s Class A Common Stock.

How many Estee Lauder stock units does William P. Lauder hold after this Form 4?

After the September 15, 2026 transaction, William P. Lauder directly holds 795.02 stock units. These units are linked to Class A Common Stock and are scheduled to be paid out in shares after his service as a director ends.

What is the nature of the 2.88 stock units reported for EL?

The 2.88 stock units reported for Estee Lauder represent reinvestment of dividend equivalents on William P. Lauder’s outstanding stock units. They are classified as “Stock Units (Share Payout)” with an underlying security of Class A Common Stock at a reference value of $96.25 per unit.

When will William P. Lauder’s reported stock units in EL be paid out?

The filing states that the stock units will be paid out in shares on the first business day of the calendar year following the last date of William P. Lauder’s service as a director of Estee Lauder Companies Inc.

Was the Estee Lauder Form 4 transaction made under a Rule 10b5-1 plan?

No. The Form 4 indicates the document-level Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the September 15, 2026 acquisition of stock units was made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/16/2026 - 04:53 PM Accepted by SEC EDGAR 09/16/2026 - 04:52 PM Learn about SEC filing dates

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^*

Lauder William P

(Last) (First) (Middle)

C/O THE ESTEE LAUDER 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	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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

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)	09/15/2026		A(2)		2.88		(3)	(3)	Class A Common Stock	2.88	$96.25	795.02	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:

	William P. Lauder, by Robin Cohen, attorney-in-fact	09/16/2026
	** 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)