Lammers Hendrik Rene 4
4 · ESTEE LAUDER COMPANIES INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Estee Lauder (EL) EVP Hendrik Lammers Receives Equity Awards
What Happened Hendrik Rene Lammers, EVP & CR&IO of The Estée Lauder Companies (EL), received equity awards on February 26, 2026 consisting of stock options and restricted stock units (RSUs). The awards break down as: 28,156 stock option shares (derivative), 7,507 RSUs (annual), and 13,405 non-annual RSUs — a total of 49,068 underlying shares. The Form 4 lists these as grants/awards (code A); no cash purchase or sale occurred.
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely within two business days).
- Awards: 28,156 stock options (exercisable in three tranches per F1); 7,507 RSUs (annual; F4); 13,405 non-annual RSUs (F5).
- Vest/exercise schedule:
- Options (F1): 9,385 exercisable from Feb 26, 2027; 9,385 from Feb 28, 2028; 9,386 from Feb 28, 2029.
- RSUs (F4): 2,502 on Feb 26, 2027; 2,502 on Feb 28, 2028; 2,503 on Feb 28, 2029.
- Non-annual RSUs (F5): 4,468 on Feb 26, 2027; 4,468 on Feb 28, 2028; 4,469 on Feb 28, 2029.
- Price: Grant price listed as N/A on the Form 4 (typical for awards; no sale or open-market price).
- Tax/treatment notes: RSUs pay out one-for-one in common shares at vesting; shares are withheld to cover statutory tax obligations. RSUs include cash dividend equivalents at payout (F3).
- Shares owned after the transaction: Not specified in this filing.
Context These entries are awards (compensation), not open-market buys or sales. Stock options are grants (derivative securities) that become exercisable on the dates above — they were not exercised or sold at grant. RSU grants are subject to continued employment and will vest in installments; withholding for taxes at payout is standard. Awards are routine for executive compensation and do not by themselves indicate a personal bullish or bearish trade.
Insider Transaction Report
- Award
Option (Right to Buy)
[F2][F1]2026-02-26+28,156→ 28,156 totalExercise: $111.90From: 2027-02-26Exp: 2036-02-26→ Class A Common Stock (28,156 underlying) - Award
Restricted Stock Units (Share Payout)
[F3][F2][F4]2026-02-26+7,507→ 7,507 totalFrom: 2027-02-26Exp: 2029-02-26→ Class A Common Stock (7,507 underlying) - Award
Restricted Stock Units (Share Payout)
[F3][F2][F5]2026-02-26+13,405→ 13,405 totalFrom: 2027-02-26Exp: 2029-02-26→ Class A Common Stock (13,405 underlying)
Footnotes (5)
- [F1]Stock options granted pursuant to The Estee Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan in respect of: 9,385 shares exercisable from and after February 26, 2027; 9,385 shares exercisable from and after February 28, 2028; and 9,386 shares exercisable from and after February 28, 2029.
- [F2]Not applicable.
- [F3]Restricted Stock Units ("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.
- [F4]RSUs granted February 26, 2026. Assuming continued employment, these RSUs will vest and be paid out as follows: 2,502 on February 26, 2027; 2,502 on February 28, 2028; and 2,503 on February 28, 2029.
- [F5]Non-annual RSUs granted February 26, 2026. Assuming continued employment, these RSUs will vest and be paid out as follows: 4,468 on February 26, 2027; 4,468 on February 28, 2028; and 4,469 on February 28, 2029.