Form 4: Estee Lauder Director Acquires Stock Units

Estee Lauder director Jennifer Tejada acquired 14.09 stock units through dividend reinvestment, increasing her beneficial ownership to 3,577.8 units.

Summary

• Jennifer Tejada, a Director of Estee Lauder Companies Inc. (EL), reported an acquisition of derivative securities.
• The transaction involved the reinvestment of dividend equivalents on outstanding stock units.
• On September 16, 2025, 14.09 stock units were acquired.
• The value of the underlying Class A Common Stock at the time of reinvestment was $88.52 per share.
• Following this transaction, Jennifer Tejada beneficially owns 3,577.8 stock units directly.
• The stock units are scheduled to be paid out on the first business day of the calendar year following the last date of her service as a director.

Sentiment

Score: 7

Explanation: The acquisition of additional stock units by a director, even through dividend reinvestment, generally indicates a positive alignment of interests with shareholders and confidence in the company's long-term performance.

Positives

• A director increasing their beneficial ownership, even through dividend reinvestment, can signal confidence in the company's future prospects.
• The reinvestment of dividends indicates a long-term perspective from the director.

Future Outlook

The acquired stock units will be paid out on the first business day of the calendar year following the last date of Jennifer Tejada's service as a director of the company.

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context or trends for the beauty and cosmetics sector.

Stakeholder Impact

• Shareholders: The transaction demonstrates continued alignment of a director's interests with shareholders through increased equity ownership.

Next Steps

• The stock units will be paid out on the first business day of the calendar year following the last date of Jennifer Tejada's service as a director.

Key Dates

Keywords

Estee Lauder, EL, Jennifer Tejada, Director, Insider Transaction, Form 4, Stock Units, Dividend Reinvestment, Beneficial Ownership