Form 4: Charlene Barshefsky Reports Stock Unit Dividend Reinvestment in Estee Lauder
SEC Form 4 Filing
Director Charlene Barshefsky reports reinvestment of dividend equivalents into Estee Lauder Companies Inc. stock units.
Summary
- Charlene Barshefsky, a director of Estee Lauder Companies Inc. [EL], reported a transaction on June 17, 2024.
- The transaction involved the reinvestment of dividend equivalents on outstanding stock units.
- This resulted in the acquisition of 120.82 stock units, which 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.
- The price per stock unit was $114.88.
- Following the transaction, Ms. Barshefsky directly owns 21,151.46 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction, with no inherent positive or negative sentiment.
Future Outlook
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.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies like Estee Lauder. It provides transparency into the actions of company directors.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of dividend reinvestment transaction. |
| 06/18/2024 | Date of report signature. |
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