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

Director Jennifer Tejada acquired additional stock units of Estee Lauder Companies Inc. through dividend reinvestment on June 17, 2024.

Summary

• On June 17, 2024, Jennifer Tejada, a director of Estee Lauder Companies Inc., acquired 14.78 stock units.
• The acquisition was a result of reinvesting dividend equivalents on outstanding stock units.
• The price per stock unit was $114.88.
• Following the transaction, Tejada directly owns 2,588.03 stock units.
• These stock units will be paid out on the first business day of the calendar year following the last date of Tejada's service as a director.

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 seen as a good sign.

Positives

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

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 Form 4 filing is a routine disclosure of a director's transaction in company stock, which is common in the corporate world. It reflects standard practice for executives and directors to hold company stock, aligning their interests with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on stakeholders as it signals confidence from a company director.

Key Dates