LAUDER GARY M 4

What Happened

• Gary M. Lauder, a reported 10% owner of Estée Lauder Companies Inc. (EL), was granted 17.15 stock units (reported as a derivative acquisition) on 2026-06-15. The units are recorded at $90.00 each for a notional value of $1,543. This was an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-15; reported on Form 4 filed 2026-06-16 (accession 0001008088-26-000004).
• Amount: 17.15 stock units @ $90.00 each; total notional value ~$1,543.
• Transaction type/code: A (Grant/Award), derivative security.
• Footnotes of note:
  • F2: Represents reinvestment of dividend equivalents on outstanding stock units.
  • F3: 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.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Timeliness: filing date is the day after the transaction; no late filing flag indicated in the provided data.

Context

• These are stock units/derivative awards (not immediate common-share purchases). Per footnotes, the award reflects reinvested dividend equivalents on outstanding units and will be paid out after the reporting person ceases service as a director, so it may not represent an immediate change in voting stock or market trading. As a 10% owner, this transaction reflects insider compensation/award treatment rather than an open-market investment signal.