Ronald S. Lauder reports beneficial ownership of 79,699 shares of The Estee Lauder Companies Inc. Class A Common Stock as of April 8, 2026. The filing states 6,364 shares of Class A and 6,364 shares of Class B are held indirectly as trustee of The Descendants of Ronald S. Lauder 1966 Trust, and 66,971 shares of Class A are held indirectly by The Ronald S. Lauder Foundation.
The filing disclaims beneficial ownership of the Foundation and Trust shares and notes the Reporting Person transferred 4,768,846 shares of Class B Common Stock to RSL Shares Trust u/a/d March 2, 2026. Based on 247,219,699 shares of Class A outstanding (per the issuer's 10-Q), the Reporting Person's position equals 0.0002% of Class A outstanding.
Positive
None.
Negative
None.
Insights
Ownership is concentrated in family trusts and a foundation with voting arrangements.
The filing shows control and economic interests are held indirectly through a family trust and a foundation, with specific voting and dispositive powers allocated to the Reporting Person in trustee and chairman roles. The Stockholders' Agreement cited governs voting coordination among family parties.
Key dependencies include the automatic conversion rule for Class B on transfer to non‑Permitted Transferees and the Stockholders' Agreement restrictions; subsequent filings may disclose further transfers or conversions affecting voting power.
Key Figures
Beneficially owned shares:79,699 sharesClass B transferred:4,768,846 sharesClass A outstanding:247,219,699 shares+3 more
6 metrics
Beneficially owned shares79,699 sharesBeneficial ownership as of April 8, 2026
Class B transferred4,768,846 sharesClass B Common Stock transferred to RSL Shares Trust u/a/d March 2, 2026
Class A outstanding247,219,699 sharesIssuer's outstanding Class A per referenced 10-Q
Percent of Class A outstanding0.0002%Calculated in filing based on 247,219,699 shares outstanding
Sole voting power12,728 sharesSole voting power held by Reporting Person
Shared voting power66,971 sharesShared voting power via The Ronald S. Lauder Foundation
Key Terms
Class B Common Stock, Permitted Transferee, Stockholders' Agreement, RSL Shares Trust u/a/d March 2, 2026
4 terms
Class B Common Stockmarket
"Each share of Class B Common Stock is convertible at the option of the holder"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Permitted Transfereelegal
"automatically converted into one share of Class A Common Stock upon transfer to a person who is not a Permitted Transferee"
Stockholders' Agreementcorporate
"The Reporting Person is a party to a Stockholders' Agreement dated November 22, 1995"
RSL Shares Trust u/a/d March 2, 2026legal
"transferred 4,768,846 shares Class B Common Stock to RSL Shares Trust u/a/d March 2, 2026"
How many EL shares does Ronald S. Lauder beneficially own?
Mr. Lauder beneficially owns 79,699 shares of Class A Common Stock as of April 8, 2026. This total reflects indirect holdings through a trust and a foundation described in the filing.
What Class B transaction did Ronald S. Lauder report in this filing?
The filing reports a transfer of 4,768,846 shares of Class B Common Stock to RSL Shares Trust u/a/d March 2, 2026. The transfer was reported as made on April 8, 2026 in the schedule.
What percent of EL Class A does 79,699 shares represent?
79,699 shares represent 0.0002% of Class A Common Stock outstanding, based on 247,219,699 shares reported in the issuer's most recent 10-Q referenced in the filing.
Does Mr. Lauder have voting power over his reported shares?
The filing states Mr. Lauder has sole voting power over 12,728 shares and shared voting power over 66,971 shares, with aggregate voting power cited as 0.01% of the issuer's total voting power under the given assumptions.
Who holds rights to dividends or sale proceeds for the trust shares?
Aerin Lauder and Jane Lauder, as beneficiaries of The Descendants Trust, have rights to dividends or proceeds from the 6,364 Class A and 6,364 Class B shares held by that trust, per the filing.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 28)
The Estee Lauder Companies Inc.
(Name of Issuer)
Class A Common Stock, par value $.01 per share
(Title of Class of Securities)
518439104
(CUSIP Number)
04/08/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
518439104
1
Names of Reporting Persons
Ronald S. Lauder
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
12,728.00
6
Shared Voting Power
66,971.00
7
Sole Dispositive Power
12,728.00
8
Shared Dispositive Power
66,971.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
79,699.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.01 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: See item 4
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
The Estee Lauder Companies Inc.
(b)
Address of issuer's principal executive offices:
767 Fifth Avenue New York, NY, 10153
Item 2.
(a)
Name of person filing:
Ronald S. Lauder
(b)
Address or principal business office or, if none, residence:
767 Fifth Avenue, New York, NY 10153
(c)
Citizenship:
United States
(d)
Title of class of securities:
Class A Common Stock, par value $.01 per share
(e)
CUSIP No.:
518439104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of April 8, 2026, the Reporting Person beneficially owns 79,699 shares of Class A Common Stock of the Issuer as follows: (i) 6,364 shares of Class A Common Stock and 6,364 shares of Class B Common Stock, par value $.01 per share, of the Issuer ("Class B Common Stock") held indirectly as the sole trustee of The Descendants of Ronald S. Lauder 1966 Trust; and (ii) 66,971 shares of Class A Common Stock held indirectly as Chairman of the Board of Directors of The Ronald S. Lauder Foundation. The Reporting Person disclaims beneficial ownership of: (i) 66,971 shares of Class A Common Stock held indirectly as Chairman of the Board of Directors of The Ronald S. Lauder Foundation and (ii) 6,364 shares of Class A Common Stock and the 6,364 shares of Class B Common Stock held indirectly as the sole trustee of The Descendants of Ronald S. Lauder 1966 Trust.
On April 8, 2026, the Reporting Person transferred 4,768,846 shares Class B Common Stock to RSL Shares Trust u/a/d March 2, 2026 ('RSL Shares Trust') for no consideration.
(b)
Percent of class:
The responses of the Reporting Person to Row (11) of the cover pages of this Schedule 13G are incorporated herein by reference. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock and is automatically converted into one share of Class A Common Stock upon transfer to a person who is not a Permitted Transferee, as that term is defined in the Issuer's Certificate of Incorporation. Assuming conversion of all such shares of Class B Common Stock beneficially owned by the Reporting Person, the Reporting Person would beneficially own 79,699 shares of Class A Common Stock, which would constitute 0.0002% of the number of shares of Class A Common Stock outstanding based on 247,219,699 outstanding shares Class A Common Stock as disclosed in the issuer's most recent 10-Q filed February 5, 2026.
Each share of Class A Common Stock entitles the holder to one vote on each matter submitted to a vote of the Issuer's stockholders, and each share of Class B Common Stock entitles the holder to ten votes on each such matter, including the election of directors of the Issuer. Assuming no conversion of any of the outstanding shares of Class B Common Stock, the 73,335 shares of Class A Common Stock and the 6,364 shares of Class B Common Stock for which the Reporting Person has voting power constitute 0.01% of the aggregate voting power of the Issuer.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
12,728
The Reporting Person has sole voting power with respect to 12,728 shares of Class A Common Stock as follows: (i) 6,364 shares of Class A Common Stock held indirectly as the sole trustee of The Descendants of Ronald S. Lauder 1966 Trust and (ii) 6,364 shares of Class B Common Stock held indirectly as the sole trustee of The Descendants of Ronald S. Lauder 1966 Trust.
(ii) Shared power to vote or to direct the vote:
66,971
The Reporting Person shares voting power with respect to 66,971 shares of Class A Common Stock held indirectly as Chairman of the Board of Directors of The Ronald S. Lauder Foundation.
(iii) Sole power to dispose or to direct the disposition of:
12,728
The Reporting Person has sole dispositive power with respect to 12,728 shares of Class A Common Stock as follows: (i) 6,364 shares of Class A Common Stock held indirectly as the sole trustee of The Descendants of Ronald S. Lauder 1966 Trust and (ii) 6,364 shares of Class B Common Stock held indirectly as the sole trustee of The Descendants of Ronald S. Lauder 1966 Trust.
(iv) Shared power to dispose or to direct the disposition of:
66,971
The Reporting Person shares dispositive power with respect to 66,971 shares of Class A Common Stock held indirectly as Chairman of the Board of Directors of The Ronald S. Lauder Foundation.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Aerin Lauder and Jane Lauder, as beneficiaries of The Descendants of Ronald S. Lauder 1966 Trust, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the 6,364 shares of Class A Common Stock and the 6,364 shares of Class B Common Stock owned by The Descendants of Ronald S. Lauder 1966 Trust. The Ronald S. Lauder Foundation, of which the Reporting Person is Chairman of the Board of Directors, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the 66,971 shares of Class A Common Stock owned by The Ronald S. Lauder Foundation.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
The Reporting Person is a party to a Stockholders' Agreement (the "Stockholders' Agreement"), dated November 22, 1995, as amended, among the parties listed on Exhibit A attached hereto. The stockholders who are parties to the Stockholders' Agreement have agreed to vote in favor of the election of (a) William P. Lauder, Gary M. Lauder or a designee in lieu of one of them and (b) Ronald S. Lauder (or for one of his daughters), and one person, if any, designated by Ronald S. Lauder as a director of the Issuer. The Stockholders' Agreement also contains certain limitations on the transfer of shares of Class A Common Stock. Each stockholder who is a party to the Stockholders' Agreement has agreed to grant to the other parties a right of first offer to purchase shares of Class A Common Stock of the stockholder in the event the stockholder intends to sell to a person (or group of persons) who is not a Lauder Family Member, as defined therein, except in certain circumstances, such as sales in a widely distributed underwritten public offering or sales made in compliance with Rule 144.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Ronald S. Lauder
Signature:
/s/ Ronald S. Lauder
Name/Title:
Ronald S. Lauder
Date:
04/24/2026
Exhibit Information
Exhibit A
List of Parties to the Stockholders' Agreement (as of April 10, 2025)
Ronald S. Lauder, (a) individually and (b) as Trustee of The Descendants of Ronald S. Lauder 1966 Trust
William P. Lauder, (a) individually, (b) as Trustee of the 1992 GRAT Remainder Trust f/b/o William Lauder, (c) as Trustee of the 1992 GRAT Remainder Trust f/b/o Gary Lauder, and (d) and The Leonard A. Lauder 2013 Revocable Trust
Gary M. Lauder, (a) individually, (b) as Trustee of the 1992 GRAT Remainder Trust f/b/o William Lauder, (c) as Trustee of the 1992 GRAT Remainder Trust f/b/o Gary Lauder, (d) as custodian under the New York Uniform Transfers to Minors Act for the benefit of Danielle Lauder, (e) as custodian under the New York Uniform Transfers to Minors Act for the benefit of Rachel Lauder, and (f) The Leonard A. Lauder 2013 Revocable Trust
LAL Family Partners L.P.
Carol S. Boulanger, (a) as Trustee of the 1992 GRAT Remainder Trust f/b/o William Lauder and (b) as Trustee of the 1992 GRAT Remainder Trust f/b/o Gary Lauder
The Estee Lauder Companies Inc.
The Ronald S. Lauder Foundation
Aerin Lauder Zinterhofer, (a) individually, (b) as Trustee of the Trust Under Article 2 of The Zinterhofer 2008 Descendants Trust Agreement, (c) as Trustee of the Aerin Lauder Zinterhofer 2000 Revocable Trust u/a/d April 24, 2000, Aerin Lauder Zinterhofer, as Grantor, and (d) as Trustee of the RSL Shares Trust u/a/d March 2, 2026
Jane Lauder, (a) individually, (b) as Trustee of the Trust Under Article 2 of The Zinterhofer 2008 Descendants Trust Agreement, and (c) as Trustee of the Jane A. Lauder 2003 Revocable Trust u/a/d November 6, 2003, Jane A. Lauder, as Grantor
Joel S. Ehrenkranz, as Trustee of The Leonard A. Lauder 2013 Revocable Trust
Roaring Fork Trust Company, Inc., (a) as Trustee of The LAL 2015 ELF Trust and (b) as Trustee of the Evelyn H. Lauder 2012 Marital Trust Two
