Estée Lauder director exercises 4,697 options

ESTEE LAUDER COMPANIES INC (EL) director Richard F. Zannino reported exercising 4,697 stock options on August 21, 2026 at an exercise price of $78.36 per share.

Rhea-AI Filing Summary

ESTEE LAUDER COMPANIES INC (EL) director Richard F. Zannino reported exercising 4,697 stock options on August 21, 2026 at an exercise price of $78.36 per share. The options, originally granted under the Non-employee Director Share Incentive Plan and held by a family-owned LLC, converted into 4,697 shares of Class A Common Stock indirectly owned by the LLC. Following the transaction, the LLC’s indirect holdings of Estee Lauder Class A Common Stock attributed to Zannino total 16,856 shares, and the exercised option position is fully eliminated.

Insider Trade Summary

4,697 shares exercised/converted

Exercise 2 txns

Insider ZANNINO RICHARD F

Role Director

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy) F2, F3, F1	4,697	--	--
Exercise	Class A Common Stock F1	4,697	$78.36	$368K

Holdings After Transaction: Stock Option (Right to Buy) — 0 contracts (Indirect, by LLC); Class A Common Stock — 16,856 shares (Indirect, by LLC)

Footnotes (3)

1. F1. Limited Liability Company ("LLC") owned by trusts for the benefit of members of the Reporting Person's family. The Reporting Person has investment power over the securities of the Issuer held by the LLC.
2. F2. Stock Options granted to the Reporting Person pursuant to the Issuer's Non-employee Director Share Incentive Plan and previously transferred to the LLC .
3. F3. Not applicable.

Key Figures

Options exercised: 4,697 options Exercise price: $78.36 per share Shares received on exercise: 4,697 shares +3 more

6 metrics

Options exercised 4,697 options Stock options exercised into Class A Common Stock on August 21, 2026

Exercise price $78.36 per share Exercise price for 4,697 stock options

Shares received on exercise 4,697 shares Class A Common Stock acquired indirectly via LLC on exercise

Indirect holdings after transaction 16,856 shares Class A Common Stock indirectly owned through LLC after exercise

Option expiration date November 11, 2026 Expiration date of exercised stock options

Option grant exercise date field November 11, 2017 Exercise date field shown for the stock option (right to buy)

Key Terms

Stock Option (Right to Buy, Class A Common Stock, Non-employee Director Share Incentive Plan, indirect

4 terms

Stock Option (Right to Buy financial

"Security title reported as Stock Option (Right to Buy"

Class A Common Stock financial

"Underlying security and acquired shares are 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.

Non-employee Director Share Incentive Plan financial

"Stock Options granted pursuant to the Issuer's Non-employee Director Share Incentive Plan"

indirect financial

"Ownership type is indirect, nature of ownership by LLC"

FAQ

What did Richard F. Zannino report in this Form 4 for EL?

He reported exercising 4,697 stock options of ESTEE LAUDER COMPANIES INC (EL) into 4,697 shares of Class A Common Stock on August 21, 2026, at an exercise price of $78.36 per share, held indirectly through a family-owned LLC.

What is Richard F. Zannino’s indirect shareholding in EL after this transaction?

After the transaction, an LLC associated with Richard F. Zannino holds 16,856 shares of ESTEE LAUDER COMPANIES INC Class A Common Stock, reported as indirectly owned by him through the LLC.

Were any Estee Lauder shares sold in this Form 4 transaction for EL?

No. The Form 4 shows an option exercise converting 4,697 options into 4,697 shares of Class A Common Stock, with no reported sale of shares in this filing.

What was the exercise price of the options exercised in EL?

The options were exercised at an exercise price of $78.36 per share, converting into an equal number of 4,697 shares of Class A Common Stock for ESTEE LAUDER COMPANIES INC.

How were the EL securities held according to the Form 4 footnotes?

The securities are held by a Limited Liability Company owned by trusts for the benefit of members of Richard F. Zannino’s family. He has investment power over the issuer’s securities held by the LLC, and the options had been previously transferred to the LLC.

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Available on EDGAR 08/24/2026 - 04:12 PM Accepted by SEC EDGAR 08/24/2026 - 04:11 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^*

ZANNINO RICHARD F

(Last) (First) (Middle)

C/O CCMP CAPITAL PARTNERS

277 PARK AVENUE

(Street)

NEW YORK NEW YORK 10172

(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)
08/21/2026

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
Class A Common Stock	08/21/2026		M		4,697	A	$78.36	16,856	I	by LLC(1)

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 Option (Right to Buy)(2)	$78.36	08/21/2026		M			4,697	11/11/2017	11/11/2026	Class A Common Stock	4,697	(3)	0	I	by LLC(1)

Explanation of Responses:

1. Limited Liability Company ("LLC") owned by trusts for the benefit of members of the Reporting Person's family. The Reporting Person has investment power over the securities of the Issuer held by the LLC.

2. Stock Options granted to the Reporting Person pursuant to the Issuer's Non-employee Director Share Incentive Plan and previously transferred to the LLC .

3. Not applicable.

Remarks:

	Richard F. Zannino, by Robin Cohen, Attorney-in-fact	08/24/2026
	** 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)