STOCK TITAN

Estée Lauder insider now holds 10,403 shares after RSU payout

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

The Estée Lauder Companies (EL) reported insider equity activity by officer Roberto Canevari (Exec VP & CVCO) on 11/03/2025. RSUs vested and were paid out as 6,876 Class A shares, and 3,300 shares were withheld to cover taxes at $94.87 per share. Following these transactions, Canevari directly beneficially owns 10,403 Class A shares.

The filing reflects multiple RSU grants: annual and non-annual awards from September 2022 and annual awards from August 2023 and August 2024. Certain RSUs remain scheduled to vest and pay out in shares, including 1,499 shares on November 2, 2026 and 3,054 shares on November 1, 2027, as disclosed.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting with tax withholding; position updated.

The report shows RSU share payouts totaling 6,876 and tax withholding of 3,300 shares at $94.87. Such “M” and “F” codes indicate vesting and related tax settlement rather than open‑market buying or selling.

Direct beneficial ownership now stands at 10,403 Class A shares. Remaining RSUs have stated schedules, including 1,499 shares on November 2, 2026 and 3,054 shares on November 1, 2027, consistent with multi‑year vesting.

This is administrative and does not, by itself, alter the business outlook. Actual impact depends on future vesting and any subsequent transactions reported in later filings.

Insider Canevari Roberto
Role Exec VP & CVCO
Type Security Shares Price Value
Exercise Restricted Stock Units (Share Payout) 969 $0.00 --
Exercise Restricted Stock Units (Share Payout) 1,355 $0.00 --
Exercise Restricted Stock Units (Share Payout) 1,498 $0.00 --
Exercise Restricted Stock Units (Share Payout) 3,054 $0.00 --
Exercise Class A Common Stock 6,876 $0.00 --
Tax Withholding Class A Common Stock 3,300 $94.87 $313K
Holdings After Transaction: Restricted Stock Units (Share Payout) — 0 shares (Direct); Class A Common Stock — 13,703 shares (Direct)
Footnotes (1)
  1. Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 6, 2022; August 28, 2023; and August 27, 2024. Not applicable. Represents the withholding of shares for tax purposes. 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. Annual RSUs granted September 6, 2022. Non-annual RSUs granted September 6, 2022. Annual RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 1,499 on November 2, 2026. Annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 3,054 on November 2, 2026; and 3,055 on November 1, 2027.
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*
Canevari Roberto

(Last) (First) (Middle)
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)
Exec VP & CVCO
3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025
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
Class A Common Stock 11/03/2025 M 6,876(1) A (2) 13,703 D
Class A Common Stock 11/03/2025 F 3,300(3) D $94.87 10,403 D
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
Restricted Stock Units (Share Payout)(4) (2) 11/03/2025 M 969 (5) 11/03/2025 Class A Common Stock 969 (2) 0 D
Restricted Stock Units (Share Payout)(4) (2) 11/03/2025 M 1,355 (6) 11/03/2025 Class A Common Stock 1,355 (2) 0 D
Restricted Stock Units (Share Payout)(4) (2) 11/03/2025 M 1,498 (7) 11/02/2026 Class A Common Stock 1,498 (2) 1,499 D
Restricted Stock Units (Share Payout)(4) (2) 11/03/2025 M 3,054 (8) 11/01/2027 Class A Common Stock 3,054 (2) 6,109 D
Explanation of Responses:
1. Payout of shares upon vesting of portions of Restricted Stock Units ("RSUs") granted September 6, 2022; August 28, 2023; and August 27, 2024.
2. Not applicable.
3. Represents the withholding of shares for tax purposes.
4. 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.
5. Annual RSUs granted September 6, 2022.
6. Non-annual RSUs granted September 6, 2022.
7. Annual RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 1,499 on November 2, 2026.
8. Annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 3,054 on November 2, 2026; and 3,055 on November 1, 2027.
Remarks:
Roberto Canevari, by Spencer G. Smul, attorney-in-fact 11/04/2025
** 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 did EL’s Form 4 report for Roberto Canevari?

It reported RSU vesting that paid out 6,876 Class A shares and tax withholding of 3,300 shares at $94.87 on 11/03/2025.

How many EL shares does the insider own after the transactions?

Direct beneficial ownership is 10,403 Class A shares after the reported activity.

What was the tax withholding price on the EL shares?

The filing shows tax withholding of 3,300 shares at $94.87 per share.

Which awards vested or were reported in the filing?

RSUs granted on September 6, 2022, August 28, 2023, and August 27, 2024 were referenced, with share payouts and withholding.

Are there future EL RSU vesting dates disclosed?

Yes. The filing lists 1,499 shares on November 2, 2026 and 3,054 shares on November 1, 2027 among scheduled vestings.

Who is the reporting person and what is their role at EL?

The reporting person is Roberto Canevari, serving as Executive Vice President & Chief Value Chain Officer (CVCO).