Form 4: Lynn Forester de Rothschild Reports Stock Unit Grant from Estee Lauder Companies Inc.

Director Lynn Forester de Rothschild received stock units in lieu of cash for quarterly board and committee member retainers from Estee Lauder Companies Inc.

Summary

• On July 11, 2024, Lynn Forester de Rothschild, a director of Estee Lauder Companies Inc., was granted stock units.
• These stock units were received in lieu of cash for quarterly board and committee member retainers.
• The grant consisted of 265.72 stock units, each convertible into cash equal to the value of one share of Class A Common Stock.
• The price of the stock units was $101.61.
• Following the transaction, Forester de Rothschild beneficially owns 74,485.45 stock units directly.
• The stock units will 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.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a stock unit grant. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The stock units (cash payout) 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 insider transactions, which is common for directors of publicly traded companies like Estee Lauder. It provides transparency to investors regarding the compensation and holdings of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation.

Key Dates