4Accepted Sep 16, 4:52 PM ET
Estee Lauder (EL) 10% Owner William P. Lauder Receives Award
Accepted (ET)
4:52 PM
Sep 16, 2026
Filed
Sep 16, 2026
Documents
1
Size
5.8 KB
Summary
Estee Lauder (EL) 10% Owner William P. Lauder Receives Award
What Happened
- William P. Lauder, reported as a 10% owner of Estee Lauder Companies Inc. (EL), received an award of 2.88 derivative stock units on 2026-09-15. The units are recorded at $96.25 each, for a total value of approximately $277. This was an award/derivative grant (not an open-market purchase or sale).
Key Details
- Transaction date and price: 2026-09-15, 2.88 units @ $96.25 each.
- Total reported value: ~$277.
- Transaction type: Award/Grant recorded as a derivative (code A).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F2—represents reinvestment of dividend equivalents on outstanding stock units; F3—these 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.
- Filing timeliness: Report filed 2026-09-16 for a 2026-09-15 transaction (filed the next day; not indicated as late).
Context
- This was a small derivative award tied to dividend equivalents on outstanding stock units rather than a market purchase or sale. Derivative stock units typically convert to shares or cash later per plan rules (here, payment occurs after the reporting person leaves board service).
- As a 10% owner, this entry reflects holder compensation/adjustment rather than a straightforward insider buy/sell signaling market sentiment.