Estee Lauder (NYSE: EL) director gets stock units in lieu of cash

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Form Type

Rhea-AI Filing Summary

Zinterhofer Eric Louis reported acquisition or exercise transactions in this Form 4 filing.

Estee Lauder Companies director Eric Louis Zinterhofer received a grant of 246.64 stock units (cash payout) as board compensation. Each stock unit is tied to the value of one share of Class A Common Stock at $109.47 per unit and is awarded in lieu of cash retainers for quarterly board and committee service. These stock units will be paid in cash on the first business day of the calendar year after his service as a director ends, bringing his total stock units to 1,634.78 following this grant.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Zinterhofer Eric Louis

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units (Cash Payout)	246.64	$109.47	$27K

Holdings After Transaction: Stock Units (Cash Payout) — 1,634.78 shares (Direct)

Footnotes (3)

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).
F2. Represents grant of Stock Units in lieu of cash for quarterly board and committee member retainers.
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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/02/2026 - 01:31 PM

FAQ

What did Estee Lauder (EL) director Eric Zinterhofer report in this Form 4?

Eric Louis Zinterhofer reported receiving 246.64 stock units as director compensation. These units are cash-settled and valued based on Class A Common Stock, reflecting quarterly board and committee retainers being taken in stock units instead of cash payments.

How are Eric Zinterhofer’s Estee Lauder (EL) stock units valued and structured?

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 grant used a reference value of $109.47 per unit, aligning compensation directly with the company’s share value.

When will Eric Zinterhofer’s Estee Lauder (EL) 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 his service as a director. This defers payout until after his board tenure ends, aligning compensation timing with his board service period.

Why did Estee Lauder (EL) grant stock units instead of cash to Eric Zinterhofer?

The filing states the grant represents stock units issued in lieu of cash for quarterly board and committee member retainers. This structure replaces immediate cash payments with deferred, share-value-linked cash payouts tied to Estee Lauder’s Class A Common Stock.

How many Estee Lauder (EL) stock units does Eric Zinterhofer hold after this grant?

After the reported grant, Eric Louis Zinterhofer holds a total of 1,634.78 stock units. These units are cash-settled instruments whose value tracks one share of Estee Lauder Class A Common Stock for each unit on a one-to-one basis.

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^*

Zinterhofer Eric Louis

(Last)

(First)

(Middle)

C/O THE ESTEE LAUDER COMPANIES INC.

767 FIFTH AVENUE

(Street)

NEW YORK

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Units (Cash Payout)	⁽¹⁾	02/27/2026		A⁽²⁾		246.64		⁽³⁾	⁽³⁾	Class A Common Stock	246.64	$109.47	1,634.78	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:

	Eric Louis Zinterhofer, by Robin Cohen, Attorney-in-fact	03/02/2026
	** 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.

Source: View Original Filing on SEC EDGAR