STERNLICHT BARRY S 4
4 · ESTEE LAUDER COMPANIES INC · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Estée Lauder (EL) Director Barry S. Sternlicht Receives $27K Award
What Happened
- Barry S. Sternlicht, a director of Estée Lauder Companies Inc. (EL), received a grant of 336.32 stock units on 2026-05-15. The units were recorded at $80.28 each for a total grant value of $27,000. This was an award/grant (derivative), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-15; filing date: 2026-05-18 (timely filing).
- Grant type/code: A (award/grant); derivative instrument (stock units).
- Unit price recorded: $80.28; total value: $27,000.
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: Each stock unit is cash‑settled 1:1 to the value of one Class A share.
- F2: Units granted in lieu of cash for quarterly board/committee retainers.
- F3: Payout is deferred — units will be paid in cash the first business day of the calendar year after the director’s service ends.
Context
- These are deferred, cash‑settled stock units (a form of compensation), so no new tradable shares or voting rights were issued now. Such grants are routine board compensation rather than a direct market signal of insider buying or selling.
Insider Transaction Report
Form 4
STERNLICHT BARRY S
Director
Transactions
- Award
Stock Units (Cash Payout)
[F1][F2][F3]2026-05-15$80.28/sh+336.32$27,000→ 47,413.02 total→ Class A Common Stock (336.32 underlying)
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.
Signature
Barry S. Sternlicht, by Robin Cohen, Attorney-in-fact|2026-05-18