Form 4: Lynn Forester Reports Stock Unit Transactions in Estee Lauder Companies Inc. Filing

Sentiment:

SEC Form 4 Filing


Lynn Forester, a director of Estee Lauder Companies Inc., reports the acquisition of stock units through dividend equivalent reinvestments.

Summary

  • This is a Form 4 filing indicating changes in beneficial ownership for Lynn Forester, a director of Estee Lauder Companies Inc.
  • The reported transactions occurred on September 16, 2024.
  • The transactions involve the acquisition of stock units through reinvestment of dividend equivalents.
  • Specifically, 162.17 stock units (share payout) and 577.47 stock units (cash payout) were acquired at a price of $85.13 per unit.
  • Following these transactions, Ms. Forester directly owns 21,080.87 stock units (share payout) and 75,062.92 stock units (cash payout).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

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 transactions in their company's stock, providing transparency to the market.

Key Dates

DateDescription
09/16/2024Date of stock unit transactions (dividend equivalent reinvestment).
09/17/2024Date of signature on the Form 4 filing.

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