Estee Lauder (EL) director adds stock units via dividend reinvestment

Rhea-AI Filing Summary

Estee Lauder Companies Inc. director Gary M. Lauder reported a routine compensation-related transaction. He acquired 17.270 Stock Units as dividend equivalents at a reference price of $88.76 per unit, bringing his direct stock unit balance to 4,411.240 units.

The filing notes these stock units are tied to the company’s Class A Common Stock and will be paid in shares on the first business day of the calendar year following the last date of his service as a director. This reflects automatic reinvestment of dividends rather than an open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LAUDER GARY M

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Grant/Award	Stock Units (Share Payout)	17.27	$88.76	$2K

Holdings After Transaction: Stock Units (Share Payout) — 4,411.24 shares (Direct)

Footnotes (1)

1. Not applicable. Represents reinvestment of dividend equivalents on outstanding stock units. 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.

Form 4 Insider Transactions: What Each Field Means →

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 GARY M

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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
Stock Units (Share Payout)	(1)	03/16/2026		A(2)		17.27		(3)	(3)	Class A Common Stock	17.27	$88.76	4,411.24	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:

	Gary M. Lauder, by Robin Cohen, Attorney-in-fact	03/17/2026
	** 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) director Gary M. Lauder report on this Form 4?

Gary M. Lauder reported receiving 17.270 Stock Units as a compensation-related award. These units represent reinvested dividend equivalents and increase his total stock unit balance to 4,411.240, linked to Estee Lauder Class A Common Stock and payable in shares at a later date.

Is Gary M. Lauder buying or selling Estee Lauder (EL) shares in this filing?

The filing shows an acquisition of stock units, not an open-market buy or sale. He received 17.270 Stock Units as a grant tied to dividend reinvestment, which will eventually be paid in Class A Common Stock after his board service ends.

How many Estee Lauder stock units does Gary M. Lauder hold after this transaction?

After this transaction, Gary M. Lauder directly holds 4,411.240 Stock Units. These units are linked to Estee Lauder Class A Common Stock and represent deferred compensation that will be paid out in shares following the conclusion of his service as a company director.

What are the terms of the stock units reported by Estee Lauder (EL) director Gary M. Lauder?

The stock units arise from reinvested dividend equivalents on existing units and carry a conversion price of $0.00. They will be paid out in shares of Class A Common Stock on the first business day of the calendar year after his last day as a director.

Does this Estee Lauder (EL) Form 4 indicate a significant insider transaction?

This Form 4 reflects a small, routine compensation-related award of 17.270 Stock Units. It represents automatic dividend reinvestment, not discretionary buying or selling in the open market, and primarily updates Gary M. Lauder’s deferred stock unit balance as a director.