Estée Lauder director adds dividend stock units
Estee Lauder director Paul J. Fribourg received additional deferred stock units from dividend-equivalent reinvestments tied to his existing awards.
Rhea-AI Filing Summary
ESTEE LAUDER COMPANIES INC (symbol: EL) is the issuer of record for a Form 4 filing submitted to the SEC. FRIBOURG PAUL J reported acquisition or exercise transactions in this Form 4 filing.
ESTEE LAUDER COMPANIES INC (EL) reported that director Paul J. Fribourg received two awards of stock units linked to Class A Common Stock on September 15, 2026. These reflect reinvestment of dividend equivalents on his outstanding stock units, with payout generally deferred until after his board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 205.8 shares
Grant/Award
2 txns
Insider
FRIBOURG PAUL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units (Share Payout) F1, F2, F3 | 52.85 | $96.25 | $5K |
| Grant/Award | Stock Units (Cash Payout) F1, F2, F3 | 152.95 | $96.25 | $15K |
Holdings After Transaction:
Stock Units (Share Payout) — 14,588.04 contracts (Direct);
Stock Units (Cash Payout) — 42,213.08 contracts (Direct)
Footnotes (3)
- F1. Not applicable.
- F2. Represents reinvestment of dividend equivalents on outstanding stock units.
- 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 (share payout): 52.85 stock units
Stock units acquired (cash payout): 152.95 stock units
Reference value per underlying share: $96.25 per share
+4 more
7 metrics
Stock units acquired (share payout)
52.85 stock units
Reinvestment of dividend equivalents on stock units designated for share payout on September 15, 2026
Stock units acquired (cash payout)
152.95 stock units
Reinvestment of dividend equivalents on stock units designated for cash payout on September 15, 2026
Reference value per underlying share
$96.25 per share
Used to value both stock unit awards on September 15, 2026
Stock units held after transaction (share payout)
14,588.04 stock units
Directly held stock units designated for share payout after the September 15, 2026 award
Stock units held after transaction (cash payout)
42,213.08 stock units
Directly held stock units designated for cash payout after the September 15, 2026 award
Underlying Class A Common Stock (share payout units)
52.85 underlying shares
Each stock unit designated for share payout corresponds to one share of Class A Common Stock
Underlying Class A Common Stock (cash payout units)
152.95 underlying shares
Each stock unit designated for cash payout corresponds to one share of Class A Common Stock
Key Terms
Stock Units (Share Payout), Stock Units (Cash Payout), dividend equivalents, Class A Common Stock, +2 more
6 terms
Stock Units (Cash Payout) financial
"Stock Units (Cash Payout) linked to Class A Common Stock"
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
"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.
business day financial
"paid out the first business day of the calendar year"
A business day is any weekday when banks, stock exchanges and most government offices are open for normal operations, excluding weekends and public holidays. For investors it matters because transaction timing, settlement of trades, filing deadlines and interest calculations are all measured in business days—think of it as the financial world’s working calendar that determines when money moves and official actions take effect.
calendar year financial
"first business day of the calendar year following the last date of service"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did EL director Paul J. Fribourg report?
He reported two acquisitions of stock units on September 15, 2026, representing reinvested dividend equivalents on his existing stock unit awards tied to Estee Lauder Class A Common Stock.
How many stock units tied to cash payout did Paul J. Fribourg acquire in EL?
He received 152.95 stock units designated for cash payout, each linked to one share of Estee Lauder Class A Common Stock, using a reference value of $96.25 per share.
What are Paul J. Fribourg’s holdings after these EL stock unit awards?
After the awards, he holds 14,588.04 stock units designated for share payout and 42,213.08 stock units designated for cash payout, all held directly.
When will Paul J. Fribourg’s EL stock units be paid out?
The filing states the stock units will be paid out on the first business day of the calendar year following the last date of his service as a director of the company.
Were these EL insider awards made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan applies to these stock unit awards; they stem from reinvested dividend equivalents on existing units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
