LAL FAMILY PARTNERS LP 4
4 · ESTEE LAUDER COMPANIES INC · Filed Nov 5, 2025
Insider Transaction Report
Form 4
LAL FAMILY PARTNERS LP
10% Owner
Transactions
- Other
Class B Common Stock
2025-11-03−11,034,685→ 69,402,943 total(indirect: Note)→ Class A Common Stock (11,034,685 underlying)
Footnotes (3)
- [F1]There is no exercise or conversion price for the Class B Common Stock. Shares of Class B Common Stock may be converted immediately on a one-for-one basis by the holder and are automatically converted into Class A Common Stock on a one-for-one basis upon transfer to a person or entity that is not a "Permitted Transferee" (as defined in the Issuer's Restated Certificate of Incorporation) or soon after a record date for a meeting of stockholders where the outstanding Class B Common Stock constitutes less than 10% of the outstanding shares of Common Stock of the Issuer.
- [F2]LAL Family Partners, L.P. ("LALFP") transferred shares of Class B Common Stock to three of its limited partners in redemption of their limited partnership interests, based on a price of $89.52 per share.
- [F3]Owned directly by LALFP. The sole general partner of LALFP is LAL Family Corporation ("LALFC"). As general partner, LALFC indirectly beneficially owns all shares of Class B Common Stock owned by LALFP, to the extent of its pecuniary interest, if any.