Estée Lauder Director Charlene Barshefsky Exercises Options and Sells $373K in Shares

Insider Transaction Overview

On September 9, 2026, Charlene Barshefsky, Director at The Estée Lauder Companies Inc. ($EL), executed an option exercise and partial open-market sale:

• Option Exercise (Code M): Exercised 4,697 stock options with an exercise price of $78.36 per share, which were nearing their November 11, 2026 expiration.
• Open Market Sale (Code S): Disposed of 3,775 shares of Class A Common Stock at a price of $98.82 per share, generating total gross proceeds of approximately $373,045.50.
• Ownership Status: Following these transactions, the family trust holds 50,970.528 shares of Class A Common Stock. Additional indirect holdings include 29,950 shares held by a spousal family trust and 50 shares held by her spouse.

Significance Assessment

The transaction represents a routine option exercise ahead of expiration coupled with a partial sale of acquired shares. The trading significance is assessed as Low given the standard nature of option exercises by non-employee directors and the modest transaction size.