Form 4: Jennifer Hyman Reports Acquisition of Estee Lauder Stock Units Through Dividend Reinvestment

Director Jennifer Hyman reports acquiring additional Estee Lauder Companies Inc. stock units through dividend reinvestment on September 16, 2024.

Summary

• On September 16, 2024, Jennifer Hyman, a director of Estee Lauder Companies Inc. [EL], acquired 20.06 stock units representing Class A Common Stock.
• The acquisition was a result of reinvesting dividend equivalents on outstanding stock units.
• The price per stock unit was $85.13.
• Following the transaction, Hyman directly owns 2,608.09 derivative securities.
• The stock units will be paid out on the first business day of the calendar year following the last date of Hyman's service as a director of the Company.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through dividend reinvestment, which is generally viewed favorably.

Positives

• The acquisition of stock units through dividend reinvestment demonstrates the director's continued investment in the company.

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

Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company securities, providing transparency to the market.

Key Dates