Estee Lauder (EL) Director Annabelle Yu Receives Award

What Happened Annabelle Yu, a director of Estee Lauder Companies Inc. (EL), was granted 2.88 stock units on September 15, 2026. The units are valued at $96.25 per share for a total reported value of $277. This was recorded as a derivative award (transaction code A), meaning stock units were granted rather than an open-market purchase.

Key Details

• Transaction date: 2026-09-15; Filing date: 2026-09-16 (timely filing).
• Grant: 2.88 stock units at $96.25 per share; total reported value $277.
• Transaction type: Award/Grant (derivative), not a purchase or sale of common shares.
• Shares owned after transaction: Not reported in this Form 4.
• Footnotes:
  • F1: Not applicable.
  • F2: Represents reinvestment of dividend equivalents on outstanding stock units.
  • F3: Stock units will be paid out the first business day of the calendar year following the Reporting Person’s last date of service as a director.

Context This is a routine director compensation award of stock units (a derivative), not an open-market buy or sale. Such grants are common and do not necessarily indicate the director’s short-term trading view; the units are tied to service and will be paid after the director leaves the board. The dollar value here ($277) is small and immaterial to investment decisions on its own.