4Filed Sep 15, 8:00 PM ET
Estee Lauder (EL) 10% Owner Gary M. Lauder Receives Award
$EL · ESTEE LAUDER COMPANIES INCResearch Summary
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Estee Lauder (EL) 10% Owner Gary M. Lauder Receives Award
What Happened
- Gary M. Lauder, identified as a 10% owner of Estee Lauder Companies Inc. (EL), received a grant/award of 16.1 stock units (treated as a derivative acquisition) on 2026-09-15. The reported grant price was $96.25 per share, for a total reported value of approximately $1,550. This transaction was an award/reinvestment rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-09-15 — Grant/Award (code A) of 16.1 shares (derivative).
- Price/value: $96.25 per share; total reported value ≈ $1,550.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F2 indicates this represents reinvestment of dividend equivalents on outstanding stock units. F3 notes the 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.
- Timeliness: Reported on 2026-09-16 for a 2026-09-15 transaction — appears timely (no late filing indicated).
Context
- This was a derivative award tied to dividend-equivalent reinvestment (not an immediate market purchase). Such awards typically reflect company compensation/dividend policies rather than direct insider market buying or selling.
- As a 10% owner, Lauder’s filings are reporting large-holder activity; this small dividend-equivalent grant is routine and modest in dollar terms.