Form 4: Estee Lauder Executive Reports Stock Transactions
SEC Form 4 Filing
Meridith Webster, EVP at Estee Lauder, reports the vesting and payout of restricted stock units and associated tax withholding.
Summary
- On May 17, 2024, Meridith Webster, an Executive Vice President at Estee Lauder Companies Inc., reported transactions involving Class A Common Stock.
- 787 shares were acquired upon the vesting and payout of Restricted Stock Units (RSUs).
- 284 shares were withheld for tax purposes at a price of $136.32 per share.
- Following these transactions, Webster directly owns 2,148 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/17/2021 | Date of non-annual RSU grant. |
| 05/17/2024 | Date of transaction: vesting of RSUs and tax withholding. |
| 05/20/2024 | Date of Form 4 filing. |
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