Estée Lauder Exec VP & CPO Michael Bowes Settles RSUs with Routine Tax Withholding
ESTEE LAUDER COMPANIES INC
Subscribe to track EL
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
{
"title": "Estée Lauder Companies Inc. (EL) - Form 4 Filing",
"color": 3447003,
"fields": [
{
"name": "Insider",
"value": "Michael Bowes (Exec VP & CPO)",
"inline": true
},
{
"name": "Transaction Type",
"value": "RSU Vesting & Tax Withholding",
"inline": true
},
{
"name": "Net Shares Acquired",
"value": "1,691 shares",
"inline": true
},
{
"name": "Shares Withheld for Taxes",
"value": "1,276.9 @ $108.30 (~$138.3K)",
"inline": true
},
{
"name": "Post-Transaction Holdings",
"value": "3,443.219 Class A Shares",
"inline": true
}
],
"footer": {
"text": "SEC Filing Date: 2026-11-03"
}
}
Comprehensive Analysis
Executive Summary
On November 2, 2026, Michael Bowes, Executive Vice President & Chief People Officer of The Estée Lauder Companies Inc. ($EL), acquired 2,967.9 shares of Class A Common Stock upon the vesting of Restricted Stock Units (RSUs) and associated dividend equivalents. Concurrently, 1,276.9 shares were disposed of at $108.30 per share to satisfy statutory tax withholding liabilities, leaving a net addition of 1,691 shares to his direct holdings.
Transaction Breakdown
- Acquisitions (Code M): 2,967.9 shares of Class A Common Stock were acquired upon the vesting of annual RSU tranches awarded on August 28, 2023, August 27, 2024, and August 28, 2025.
- Dispositions (Code F): 1,276.9 shares were surrendered to the issuer at a price of $108.30 per share, totaling approximately $138,288.27, solely to satisfy applicable tax withholding obligations.
- Final Ownership: Following these transactions, Bowes directly owns 3,443.219 shares of Class A Common Stock.
Market Significance
This filing reflects routine equity compensation vesting and mandatory tax withholdings rather than an open-market purchase or sale. Because the disposition was automatic and non-discretionary, it does not convey insider sentiment regarding the company's valuation or operational prospects.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.