Form 4: Estee Lauder Director Eric Zinterhofer Receives Stock Units as Compensation

Estee Lauder Companies Inc. Director Eric Louis Zinterhofer was granted 419.12 stock units valued at $64.42 each, as part of his quarterly board and committee member retainers.

Summary

• On May 22, 2025, Eric Louis Zinterhofer, a Director of The Estee Lauder Companies Inc. (EL), acquired 419.12 derivative securities in the form of Stock Units (Cash Payout).
• These stock units were granted in lieu of cash for his 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, representing a 1:1 conversion ratio.
• The value per stock unit at the time of grant was $64.42, totaling approximately $27,000.06 for the acquired units.
• Following this transaction, Mr. Zinterhofer beneficially owns 782 derivative securities (Stock Units).
• The Stock Units (cash payout) will be paid out on the first business day of the calendar year following the last date of Mr. Zinterhofer's service as a director of the Company.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director receiving compensation in stock units aligns their interests with shareholders, indicating confidence in the company. However, it's a routine compensation event, not a significant strategic move.

Positives

• The acquisition of stock units by a director aligns management's interests with those of shareholders, as their compensation is tied to the company's stock performance.
• Receiving compensation in stock units rather than cash can indicate confidence in the company's future prospects by the director.

Future Outlook

The acquired Stock Units (cash payout) are scheduled to be paid out on 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 insider transaction report related to director compensation and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The grant of stock units to a director can be viewed positively as it aligns the director's financial interests with the long-term performance of the company, potentially encouraging decisions that benefit shareholder value.

Next Steps

• The Stock Units (cash payout) will be paid out on the first business day of the calendar year following the last date of Eric Louis Zinterhofer's service as a director of The Estee Lauder Companies Inc.

Key Dates

Keywords

SEC Form 4, Insider Transaction, Estee Lauder, EL, Stock Units, Director Compensation, Beneficial Ownership, Corporate Governance