de la Faverie Stephane 4

4 · ESTEE LAUDER COMPANIES INC · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 2, 2026

Estee Lauder (EL) CEO Stephane de la Faverie Receives RSU Payout

What Happened

Stephane de la Faverie, President and CEO of Estee Lauder Companies (EL), received a payout from vested restricted stock units (RSUs). A tranche of 5,787 RSUs converted into 5,787 shares on Feb 27, 2026. To cover statutory tax obligations, 2,333 of those shares were withheld (disposed) at $109.01 per share for a total withholding value of $254,320, leaving a net delivery of 3,454 shares to the insider.
This was an award/vesting event (not an open-market sale or purchase). RSU conversion/withholding activity is routine compensation-related activity rather than a directional trade.

Key Details

Transaction date: February 27, 2026; Form filed March 2, 2026 (filed timely).
Gross shares from RSU payout: 5,787; Shares withheld for taxes: 2,333 at $109.01 each = $254,320; Net shares delivered: 3,454.
Transaction codes: M = derivative exercise/conversion (RSU payout), F = withholding/tax payment.
Footnotes: Payout relates to non-annual RSUs granted Feb 24, 2025; RSUs vest/pay out one-for-one and are accompanied by cash dividend equivalents; shares are withheld to cover statutory tax obligations.
Shares owned after the transaction: not reported in this Form 4.

Context

This was a compensation vesting event (RSUs converting to stock). The withholding of shares to satisfy tax obligations is common and does not by itself indicate a buy or sell decision by the insider. For retail investors, these events are routine executive compensation mechanics rather than a direct signal of management sentiment.

Form 4

Period: 2026-02-27

President and CEO

Transactions

Exercise/Conversion
Class A Common Stock
[F1][F2]
2026-02-27+5,787→ 20,963.148 total
Tax Payment
Class A Common Stock
[F3]
2026-02-27$109.01/sh−2,333$254,320→ 18,630.148 total
Exercise/Conversion
Restricted Stock Units (Share Payout)
[F4][F2][F5]
2026-02-27−5,787→ 11,574 total
Exp: 2028-02-24→ Class A Common Stock (5,787 underlying)

Footnotes (5)

[F1]Payout of shares upon vesting of portion of non-annual Restricted Stock Units ("RSUs") granted February 24, 2025.
[F2]Not applicable.
[F3]Represents the withholding of shares for tax purposes.
[F4]RSUs vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date. RSUs generally vest in three approximately equal installments unless otherwise indicated. Upon payout, shares are withheld to cover statutory tax obligations. RSUs are accompanied by dividend equivalent rights payable in cash at the time of the payout of the related shares.
[F5]Non-annual RSUs granted February 24, 2025. Assuming continued employment, these RSUs will vest and be paid out as follows: 5,787 on February 26, 2027; and 5,787 on February 24, 2028.

Signature

Stephane de la Faverie, by Annalisa Loeffler, attorney-in-fact|2026-03-02

1 file