EL Form 4: RSU payout of 3,497 shares; tax withholding 1,262

Rhea-AI Filing Summary

Estee Lauder (EL): Executive Vice President Meridith Webster reported RSU vesting and related share activity. On 11/03/2025, 3,497 shares of Class A Common Stock were issued upon RSU payouts (code M). On the same date, 1,262 shares were withheld for taxes at $94.87 (code F). Following these transactions, she directly beneficially owned 5,430 Class A shares.

The RSU entries reflect conversions tied to grants from September 6, 2022 (492 shares), August 28, 2023 (859 shares), and August 27, 2024 (2,146 shares). Remaining derivative holdings were 0, 859, and 4,293 RSUs, respectively, after the reported transactions.

Insider Trade Summary

3,497 shares exercised/converted

Mixed 5 txns

Insider Webster Meridith

Role Exec VP GlobalComm/PubAffairs

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (Share Payout)	492	$0.00	--
Exercise	Restricted Stock Units (Share Payout)	859	$0.00	--
Exercise	Restricted Stock Units (Share Payout)	2,146	$0.00	--
Exercise	Class A Common Stock	3,497	$0.00	--
Tax Withholding	Class A Common Stock	1,262	$94.87	$120K

Holdings After Transaction: Restricted Stock Units (Share Payout) — 0 shares (Direct); Class A Common Stock — 6,692 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. Annual RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 859 on November 2, 2026. Annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,146 on November 2, 2026; and 2,147 on November 1, 2027.

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^*

Webster Meridith

(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 GlobalComm/PubAffairs

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		3,497(1)	A	(2)	6,692	D
Class A Common Stock	11/03/2025		F		1,262(3)	D	$94.87	5,430	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			492	(5)	11/03/2025	Class A Common Stock	492	(2)	0	D
Restricted Stock Units (Share Payout)(4)	(2)	11/03/2025		M			859	(6)	11/02/2026	Class A Common Stock	859	(2)	859	D
Restricted Stock Units (Share Payout)(4)	(2)	11/03/2025		M			2,146	(7)	11/01/2027	Class A Common Stock	2,146	(2)	4,293	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. Annual RSUs granted August 28, 2023. Assuming continued employment, these RSUs will vest and be paid out as follows: 859 on November 2, 2026.

7. Annual RSUs granted August 27, 2024. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,146 on November 2, 2026; and 2,147 on November 1, 2027.

Remarks:

	Meridith Webster, 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 executive report on Form 4?

On 11/03/2025, RSUs paid out 3,497 Class A shares (code M), and 1,262 shares were withheld for taxes at $94.87 (code F).

How many EL shares does the reporting person own after the transaction?

Directly beneficially owned Class A shares totaled 5,430 after the transactions.

Which RSU grants were involved for EL (ticker EL)?

Grants dated September 6, 2022, August 28, 2023, and August 27, 2024 converted to shares.

What is the tax withholding detail reported?

The filing shows 1,262 shares withheld for taxes at $94.87 per share (code F).

What RSUs remain outstanding after the conversions?

Remaining derivative holdings were 0 (2022 grant), 859 (2023 grant), and 4,293 (2024 grant).

What is the reporting person’s role at Estee Lauder (EL)?

She is an Officer serving as Exec VP GlobalComm/PubAffairs.