Form 4: Director Lynn Forester Acquires Stock Units in The Estee Lauder Companies Inc.

Lynn Forester, a director of The Estee Lauder Companies Inc., acquired stock units in lieu of cash for quarterly board and committee member retainers on February 25, 2025.

Summary

• On February 25, 2025, Lynn Forester, a director of The Estee Lauder Companies Inc. [EL], acquired 361.05 stock units.
• These stock units were granted in lieu of cash for quarterly board and committee member retainers.
• Each stock unit is convertible into cash equal to the value of one share of Class A Common Stock.
• The price of the derivative security is $74.78.
• Following the transaction, Forester directly owns 76,178.54 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices, aligning interests with shareholders.

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 reflects routine compensation practices for board members, common across publicly traded companies. Stock units are often used to align director interests with shareholder value.

Stakeholder Impact

• The transaction aligns the director's interests with those of the shareholders, as the value of the stock units is tied to the performance of the company's Class A Common Stock.

Key Dates