STOCK TITAN

Dana Strong of Estee Lauder (NYSE: EL) gains stock units via dividend reinvestment

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Estee Lauder Companies director Dana Strong reported a small compensation-related equity accrual. On the reported date, Strong acquired 3.06 stock units tied to Class A Common Stock through reinvested dividend equivalents at a reference price of $90.00 per unit, bringing the director’s total stock units to 792.14. These stock units are scheduled to pay out in shares on the first business day of the calendar year after Strong’s service as a director ends.

Positive

  • None.

Negative

  • None.
Insider Strong Dana
Role Director
Type Security Shares Price Value
Grant/Award Stock Units (Share Payout) 3.06 $90.00 $275.40
Holdings After Transaction: Stock Units (Share Payout) — 792.14 shares (Direct)
Footnotes (1)
  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.
Stock units acquired 3.06 units Grant via dividend equivalent reinvestment on reported date
Reference price per unit $90.00 per unit Valuation used for the 3.06 stock units
Total stock units after transaction 792.14 units Deferred stock units held by Dana Strong after award
Transaction code A Classified as grant, award, or other acquisition
Underlying shares 3.06 shares Underlying Class A Common Stock tied to new stock units
stock units financial
"Represents reinvestment of dividend equivalents on outstanding stock units."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
dividend equivalents financial
"Represents reinvestment of dividend equivalents on outstanding stock units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Class A Common Stock financial
"underlying security title: Class A Common Stock"
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.
Grant, award, or other acquisition regulatory
"transaction code description: Grant, award, or other acquisition"
deferred compensation financial
"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."
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did Estee Lauder (EL) director Dana Strong report in this Form 4?

Dana Strong reported acquiring 3.06 stock units as part of director compensation. These units came from reinvested dividend equivalents and are linked to Class A Common Stock, reflecting routine, non-market compensation activity rather than an open-market stock purchase or sale.

How many stock units does Dana Strong hold after this Estee Lauder (EL) transaction?

Following the reported transaction, Dana Strong holds 792.14 stock units. Each unit is tied to Class A Common Stock and represents deferred compensation that will ultimately be paid out in shares after Strong’s board service ends, rather than immediate ownership of common shares.

Was Dana Strong buying or selling Estee Lauder (EL) shares on the market?

No, the filing shows no open-market buying or selling. Instead, 3.06 stock units were granted through dividend equivalent reinvestment, classified as a compensation award. This type of transaction does not involve cash changing hands on public markets at the time of the grant.

How were the new Estee Lauder (EL) stock units for Dana Strong calculated?

The 3.06 stock units reflect reinvested dividend equivalents valued at $90.00 per unit. Dividend equivalents mirror cash dividends on underlying shares and are credited as additional units, increasing the director’s deferred stock-based compensation balance instead of paying cash dividends directly.

When will Dana Strong receive Estee Lauder (EL) shares from these stock units?

The stock units will be paid out in shares on the first business day of the calendar year following the last date of Dana Strong’s service as a director. Until then, they remain as deferred stock units rather than immediately deliverable Class A Common Stock.

What type of security is involved in Dana Strong’s Estee Lauder (EL) Form 4?

The Form 4 involves stock units with share payout, a form of deferred equity compensation. Each unit is tied to Estee Lauder’s Class A Common Stock, with 3.06 new units and 792.14 total units reported, all held as a direct ownership interest by the director.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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*
Strong Dana

(Last)(First)(Middle)
C/O THE ESTEE LAUDER COMPANIES INC.
767 FIFTH AVENUE

(Street)
NEW YORK NEW YORK 10153

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ESTEE LAUDER COMPANIES INC [ EL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Units (Share Payout)(1)06/15/2026A(2)3.06 (3) (3)Class A Common Stock3.06$90792.14D
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:
Dana Strong, by Robin Cohen, Attorney-in-fact06/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)