Barry Sternlicht (EL) receives 336 deferred Stock Units as Estee Lauder director pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERNLICHT BARRY S reported acquisition or exercise transactions in this Form 4 filing.
Estee Lauder Companies director Barry S. Sternlicht received a grant of 336.320 Stock Units (cash payout) on Class A Common Stock. These units were awarded in lieu of cash for quarterly board and committee retainers and will be paid in cash after his service as a director ends. Following this grant, he holds 47,413.020 stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STERNLICHT BARRY S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units (Cash Payout) | 336.32 | $80.28 | $27K |
Holdings After Transaction:
Stock Units (Cash Payout) — 47,413.02 shares (Direct, null)
Footnotes (1)
- Each stock unit (cash payout) is convertible into cash equal to the value of one share of Class A Common Stock (i.e. 1:1). Represents grant of Stock Units in lieu of cash for quarterly board and committee member retainers. The Stock Units (cash payout) 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 granted: 336.320 units
Grant reference price: $80.2800 per unit
Units after transaction: 47,413.020 units
+1 more
4 metrics
Stock Units granted
336.320 units
Grant in lieu of quarterly board and committee retainers on May 15, 2026
Grant reference price
$80.2800 per unit
Value per underlying share of Class A Common Stock
Units after transaction
47,413.020 units
Total Stock Units held directly following the grant
Conversion ratio
1:1 to Class A Common Stock
Each Stock Unit equals cash value of one Class A share
Key Terms
Stock Units (Cash Payout), Class A Common Stock, Grant, award, or other acquisition
3 terms
Stock Units (Cash Payout) financial
"Each stock unit (cash payout) is convertible into cash equal to the value of one share"
Class A Common Stock financial
"value of one share of Class A Common Stock (i.e. 1:1)"
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.
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did Barry S. Sternlicht receive in this Estee Lauder (EL) Form 4?
Barry S. Sternlicht received a grant of 336.320 Stock Units (cash payout) linked to Estee Lauder Class A Common Stock. These units represent deferred cash compensation rather than an open-market stock purchase or sale.
How are Barry S. Sternlicht’s Estee Lauder Stock Units valued?
Each Stock Unit is convertible into cash equal to the value of one share of Estee Lauder Class A Common Stock on a 1:1 basis. The units had a grant reference value of $80.28 per underlying share.
Why did Barry S. Sternlicht receive Stock Units instead of cash at Estee Lauder (EL)?
The 336.320 Stock Units were granted in lieu of cash for quarterly board and committee member retainers. This structure defers his compensation and ties its value to Estee Lauder’s Class A Common Stock price performance over time.
When will Barry S. Sternlicht’s Estee Lauder Stock Units be paid out?
The Stock Units will be paid in cash on the first business day of the calendar year following the last date of Barry S. Sternlicht’s service as a director. This makes the grant a form of deferred director compensation.
How many Estee Lauder Stock Units does Barry S. Sternlicht hold after this transaction?
After this grant, Barry S. Sternlicht holds a total of 47,413.020 Stock Units directly. These units are all tied to Estee Lauder Class A Common Stock on a 1:1 value basis and represent deferred cash-settled compensation.