Nunez Arturo 4

What Happened
Arturo Nunez, a director of Estee Lauder Companies Inc. (EL), received a grant of 16.58 stock units (reported as a derivative award) on June 15, 2026. The units were reported at $90.00 per share for a total notional value of approximately $1,492. This was an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-15; Form 4 filed 2026-06-16 (appears timely).
• Price/value reported: 16.58 units × $90.00 = $1,492 (derivative award).
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F2 — represents reinvestment of dividend equivalents on outstanding stock units; F3 — 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. F1: Not applicable.
• Transaction type: Award/Grant of stock units (derivative), code A.

Context
This was a compensation-related grant of stock units rather than a market purchase or sale; such awards are common for directors and do not by themselves indicate buying or selling sentiment. Per the filing, the units represent derivative stock units that will be paid out after the director leaves service, and include reinvested dividend equivalents.