Estee Lauder (EL) Exec VP Meridith Webster Receives RSU & Option Grants

What Happened
Meridith Webster (listed in the filing as Webster Meridith), Executive Vice President, Global Communications & Public Affairs, received equity awards from The Estée Lauder Companies on August 27, 2026. The filing shows two grants: 5,273 restricted stock units (RSUs) and 19,213 stock options (derivative awards). No cash was exchanged — these are compensation awards, not open-market purchases or sales.

Key Details

• Transaction date: August 27, 2026; Form 4 filed August 31, 2026 (timely within the two-business-day window).
• RSUs: 5,273 RSUs granted. Vest and convert to Class A common shares 1:1 assuming continued employment; payout schedule: 1,757 shares on Nov 1, 2027; 1,758 on Nov 1, 2028; 1,758 on Nov 1, 2029. Dividend equivalent rights accompany RSUs and are paid in cash at payout. Shares may be withheld to satisfy tax obligations. (Footnotes F1, F3)
• Stock options: 19,213 options granted, exercisable in three tranches: 6,404 exercisable from and after Nov 1, 2027; 6,404 from and after Nov 1, 2028; and 6,405 from and after Nov 1, 2029. Exercise price(s) not listed in the provided excerpt. (Footnote F4)
• Price/Value: No per-share price or cash value is reported in the transactions (listed as N/A).
• Shares owned after transaction: not specified in the information provided.
• Notable mechanics: RSUs include tax withholding on payout (shares withheld) and dividend equivalents in cash. These awards are labeled as grants/awards (transaction code A), i.e., compensation.

Context
RSU grants and option awards are common elements of executive compensation and represent future equity upside conditional on continued service and, for options, future exercise. These grants are not immediate purchases or sales and do not indicate an immediate cash inflow or outflow for the insider. Options will only convert to shares if exercised after the applicable vesting/exercisable dates; RSUs convert to shares on vesting and are subject to standard tax withholding.