Estee Lauder director granted 336 Stock Units

STERNLICHT BARRY S reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 336.32 shares

Grant/Award 1 txn

Insider STERNLICHT BARRY S

Role Director

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 contracts (Direct)

Footnotes (3)

1. F1. 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).
2. F2. Represents grant of Stock Units in lieu of cash for quarterly board and committee member retainers.
3. F3. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

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

Accepted by SEC EDGAR 05/18/2026 - 12:21 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^*

STERNLICHT BARRY S

(Last) (First) (Middle)

STARWOOD CAPITAL GROUP

591 W. PUTNAM AVE.

(Street)

GREENWICH CONNECTICUT 06830

(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		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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 (Cash Payout)	(1)	05/15/2026		A(2)		336.32		(3)	(3)	Class A Common Stock	336.32	$80.28	47,413.02	D

Explanation of Responses:

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).

2. Represents grant of Stock Units in lieu of cash for quarterly board and committee member retainers.

3. 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.

Remarks:

	Barry S. Sternlicht, by Robin Cohen, Attorney-in-fact	05/18/2026
	** 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)