Estee Lauder (NYSE: EL) director granted 336 stock units as board pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zinterhofer Eric Louis reported acquisition or exercise transactions in this Form 4 filing.
ESTEE LAUDER COMPANIES INC director Eric Louis Zinterhofer received a grant of 336.32 Stock Units (cash payout) tied to the value of Class A Common Stock, in lieu of cash retainers. These units will be paid in cash after his board service ends, bringing his reported stock unit balance to 1,977.55.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zinterhofer Eric Louis
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units (Cash Payout) | 336.32 | $80.28 | $27K |
Holdings After Transaction:
Stock Units (Cash Payout) — 1,977.55 shares (Direct, null)
Footnotes (1)
- Each stock unit (cash payout) is convertible into cash equal to the value of one share of Class A Common Stock (i.e. 1:1). Represents grant of Stock Units in lieu of cash for quarterly board and committee member retainers. The Stock Units (cash payout) 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.
Key Figures
Stock Units granted: 336.32 units
Reference price per unit: $80.28 per unit
Total Stock Units after grant: 1,977.55 units
+1 more
4 metrics
Stock Units granted
336.32 units
Grant of Stock Units (cash payout) on 2026-05-15
Reference price per unit
$80.28 per unit
Valuation reference for Stock Units grant
Total Stock Units after grant
1,977.55 units
Reported balance following the 336.32-unit award
Conversion ratio
1:1 to Class A share value
Each unit equals value of one Class A Common Stock share
Key Terms
Stock Units (Cash Payout), Class A Common Stock, retainers, Grant, award, or other acquisition
4 terms
Stock Units (Cash Payout) financial
"Each stock unit (cash payout) is convertible into cash equal to the value of one share"
Class A Common Stock financial
"equal to the value of one share of Class A Common Stock (i.e. 1:1)"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
retainers financial
"grant of Stock Units in lieu of cash for quarterly board and committee member retainers"
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did Estee Lauder (EL) director Eric Zinterhofer report?
Eric Louis Zinterhofer reported receiving 336.32 Stock Units as a grant. These units are part of his compensation for quarterly board and committee retainers and are settled in cash based on Estee Lauder Class A Common Stock value.
How are the Estee Lauder (EL) Stock Units for Eric Zinterhofer valued?
Each Stock Unit is valued 1:1 with a share of Estee Lauder Class A Common Stock. The filing shows a reference price of $80.28 per unit, linking his grant directly to the company’s share value for cash payout purposes.
When will Eric Zinterhofer’s Estee Lauder (EL) Stock Units be paid out?
The Stock Units will be paid in cash on the first business day of the calendar year following the last date of his service as a director. This defers his compensation until after his board tenure ends, according to the filing footnotes.
How many Estee Lauder (EL) Stock Units does Eric Zinterhofer hold after this grant?
After receiving 336.32 new Stock Units, Eric Zinterhofer’s total reported balance is 1,977.55 units. All of these are cash-settled units linked to the value of Estee Lauder Class A Common Stock rather than actual shares with voting rights.
Is Eric Zinterhofer’s Estee Lauder (EL) grant an open-market purchase or sale?
The grant is not an open-market trade; it is a compensation-related award. The transaction code is “A” for grant, award, or other acquisition, showing these Stock Units were issued in lieu of cash retainers rather than bought or sold in the market.