Estee Lauder (EL) director Sternlicht gains stock units via dividend reinvestment

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Form Type

Rhea-AI Filing Summary

Estee Lauder Companies Inc. director Barry S. Sternlicht reported two compensation-related acquisitions of stock units tied to Class A Common Stock. He received 72.97 stock units with share payout terms and 184.9 stock units with cash payout terms, both based on a reference price of $88.76 per unit.

According to the footnotes, these entries represent reinvestment of dividend equivalents on outstanding stock units, not open-market trades. The stock units will be paid on the first business day of the calendar year following the last date of his service as a director.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider STERNLICHT BARRY S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units (Share Payout)	72.97	$88.76	$6K
Grant/Award	Stock Units (Cash Payout)	184.9	$88.76	$16K

Holdings After Transaction: Stock Units (Share Payout) — 18,643.09 shares (Direct); Stock Units (Cash Payout) — 47,076.7 shares (Direct)

Footnotes (1)

Not applicable. Represents reinvestment of dividend equivalents on outstanding stock units. 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 of the Company.

Form 4 Insider Transactions: What Each Field Means →

03/17/2026 - 04:42 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

STERNLICHT BARRY S

(Last)

(First)

(Middle)

STARWOOD CAPITAL GROUP

591 W. PUTNAM AVE.

(Street)

GREENWICH

06830

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ESTEE LAUDER COMPANIES INC [ EL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Units (Share Payout)	⁽¹⁾	03/16/2026		A⁽²⁾		72.97		⁽³⁾	⁽³⁾	Class A Common Stock	72.97	$88.76	18,643.09	D
Stock Units (Cash Payout)	⁽¹⁾	03/16/2026		A⁽²⁾		184.9		⁽³⁾	⁽³⁾	Class A Common Stock	184.9	$88.76	47,076.7	D

Explanation of Responses:

1. Not applicable.

2. Represents reinvestment of dividend equivalents on outstanding stock units.

3. 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 of the Company.

Remarks:

	Barry S. Sternlicht, by Robin Cohen, Attorney-in-fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Barry S. Sternlicht report in his Estee Lauder (EL) Form 4 filing?

Barry S. Sternlicht reported acquiring additional stock units as director compensation. The transactions reflect reinvestment of dividend equivalents on existing stock units, rather than open-market purchases or sales, and will be settled after his service as director ends.

How many stock units did Barry S. Sternlicht acquire in the latest EL Form 4?

He acquired 72.97 stock units designated for share payout and 184.9 stock units designated for cash payout. Both are derivative awards linked to Class A Common Stock and arise from dividend equivalent reinvestments on outstanding stock units.

At what reference price were Barry S. Sternlicht’s Estee Lauder stock units recorded?

Both stock unit grants were recorded at a reference price of $88.76 per unit. This price is used for reporting purposes and does not indicate an open-market trade or a negotiated purchase or sale transaction.

Are Barry S. Sternlicht’s reported EL stock unit transactions open-market buys or sells?

No, the transactions are not open-market buys or sells. They are reported as grants or awards representing reinvestment of dividend equivalents on existing stock units, classified as derivative acquisitions rather than market trading activity.

When will Barry S. Sternlicht’s Estee Lauder stock units be paid out?

The stock units will be paid on the first business day of the calendar year following the last date of his service as a director. This deferred payout schedule aligns with typical director compensation and deferral arrangements.

What types of stock units did Barry S. Sternlicht receive from Estee Lauder?

He received two types of stock units: “Stock Units (Share Payout)” and “Stock Units (Cash Payout),” each linked to Class A Common Stock. Both arise from dividend equivalent reinvestments rather than new discretionary option or stock grants.